OnEMI Technology IPO: Issue receives tepid response on Day 01, subscribed 0.25 times; GMP signals flat listing
April 30, 2026 · 8:36 pm IST
Source: LiveMint
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Key Takeaways
- Ahead of the issue opening, the promoters infused nearly ₹40 crore into the company, sources told PTI.
- The IPO comprises a fresh issue of 4.97 crore shares aggregating to ₹850 crore and an offer for sale (OFS) of 0.44 crore shares worth ₹75.92 crore, taking the total issue size to ₹925.92 crore.
- The company has reported a sharp scale-up in operations, with assets under management (AUM) rising from around ₹1,267 crore in FY23 to ₹5,955 crore in the first nine months of FY26.
- Revenue from operations increased from ₹984 crore to ₹1,675 crore during the same period.
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IPO Market Today
Article Brief
OnEMI Technology's IPO for its digital lending platform Kissht opened on April 29, receiving only 0.25 times subscription on the first day. The issue includes a fresh issue of 4.97 crore shares and an OFS of 0.44 crore shares, totaling ₹925.92 crore.
Read full article at LiveMint →
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IPO Cracker Take
Grey market premium trends remain a leading indicator for listing-day performance. Pair this with subscription data and financials on each IPO page before applying.
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Frequently Asked Questions
Grey market premium (GMP) is the unofficial price at which IPO shares trade before listing. It's a market-driven indicator of listing-day demand. Track live GMP for all active IPOs on our IPO GMP page.
GMP is directional but not precise. Our GMP Accuracy Tracker on the Performance page compares last-day GMP against actual listing prices across historical listings.
A negative GMP signals weak grey-market demand, which historically correlates with flat or below-issue listings. Always cross-check with subscription data before applying.
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