OnEMI Technology Solutions, the leading digital lending platform that operates under the name of ‘Kissht‘ has made a strong market debut today with a significant premium listing. Its shares began trading on the National Stock Exchange (NSE) and BSE at a 12% premium on the IPO issue price of ₹171.

The market opening is positive, as investor appetite remained high during the subscription process and the general sense of trust and confidence in the fintech and digital credit market in India continues to grow. The listing marks a successful transition of the startup from a venture-backed entity to a publicly traded corporation.

Investor confidence and trading performance

The OnEMI Technology Solutions’ equity shares have risen to roughly ₹191.50 on the exchanges, up from the top of the fixed price band of ₹162–₹171. After the opening bell, the trading volume was active with institutional and retail investors participating, responding to the listing gains of that day. 

This 12% premium is noteworthy, especially in the overall context of the technology sector’s volatility, indicating that its valuation and growth metrics aligned with the primary market participants. At this valuation, the company reached the ₹3,400 crore market-cap milestone, which also offered early-stage investors and other employees a decent liquidity event.

The successful listing comes after a highly productive subscription period from April 30th to May 5th, 2026. The ₹926 crore Initial Public Offering (IPO) recorded robust demand in all segments and came 9.5 times subscribed at the cut-off time. 

The institutional segment played a key role in this momentum with the successful anchor round, which brought in a combination of domestic mutual funds and international institutional investors near ₹278 crore. The founders’ commitment of ₹40 crore at ₹201 per share, which was priced higher than the IPO offering, just before the listing, was a strong testament to an internal belief in the long-term value of the firm.

IPO utilization and financial strength

The listing phase is complete, and the company is now ready to deploy the proceeds of the fresh issue of ₹850 crore. The key objective of these funds is to build up the capital structure of Kissht’s subsidiary and NBFC unit Si Creva Capital Services. 

Out of the fresh capital, ₹637.5 crore is allocated to augment Si Creva’s equity, giving it the headroom to grow its lending footprint and capitalize on the increasing demand for credit from India’s emerging middle class. The remaining funds will be used to cover general corporate business and activities, such as technology investments and customer acquisition, which will continue the platform’s rapid growth.

Kissht’s market appeal revolves around its large-scale operation and data-based underwriting model. As of the end of 2025, the platform had more than 53 million registered users and a loan book (AUM) of ₹5,955 crore. 

The company has a niche in offering unsecured personal loans and credit services to the young professional class, which is typically neglected by mainstream banking institutions. Kissht’s Gross NPA rate of 2.9%, and consolidated net profit of almost ₹200 crore for nine months ending December 2025, has shown that its method of meeting high growth targets does not have to sacrifice financial stability.

Conclusion

OnEMI Technology Solutions’ successful listing on the stock market with a premium of 12% marks an important achievement in the Indian fintech sector. A market demand for the company’s technology-first credit offering and its scalable profitability in a competitive landscape has been validated by positive response from the public markets.

The enhanced capital base and the visibility provided by being a listed entity put Kissht in a strong standing as it looks to deepen its market penetration in India’s top 100 cities. It will be vital for the company to keep up the current investor trust by maintaining strong asset quality while continuing to build its digital lending capabilities.