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Kissht IPO gets 20% subscription on day one as QIBs lead with strong bids
Business
Published on 30 April 2026
QIBs are far ahead while retail lags badly so far
Lending tech company Kissht’s parent OnEMI Technology Solutions saw its IPO subscribed about 20% by 14:00 IST on day one. QIBs drove demand, filling 58% of their quota, while retail subscribed only 4% so far. The issue includes a fresh share sale up to ₹850 crore plus an offer for sale, with a ₹162–₹171 price band.
- IPO subscribed around 20% on day one as of 14:00 IST
- QIBs lead with 58% quota subscription so far
- Retail participation is lowest at about 4% of its quota
- Fresh issue up to ₹850 crore plus offer for sale of 44.4 lakh shares
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42