OnEMI Technology Solutions IPO subscribed 24% on Day 1; GMP, review, other key details. Should you apply?
May 01, 2026 · 11:22 am IST
Source: LiveMint
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Key Takeaways
- OnEMI Technology Solutions Ltd announced on Wednesday that it has raised ₹278 crore from anchor investors.
- Considering the upper end of OnEMI Technology Solutions price band and the current premium in the grey market, the estimated listing price of OnEMI Technology Solutions share price was indicated at ₹175.5 apiece, which is 2.63% higher than the IPO price of ₹171.
- The ₹926-crore offering will conclude on 5 May.
- OnEMI Technology Solutions IPO price band has been set between ₹162-171 per share, positioning the company’s valuation at approximately ₹2,900 crore at the higher end of the range.
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IPO Market Today
Article Brief
OnEMI Technology Solutions IPO saw a 24% subscription on its opening day, with bids for 9.4 million shares. The IPO aims to raise ₹926 crore, priced between ₹162-171 per share. It concludes on May 5, with a significant portion allocated to institutional investors.
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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