Kissht’s IPO for OnEMI Technology Solutions was subscribed about 60 percent by the end of day two of bidding, according to BSE data. QIBs led with roughly 1.45X oversubscription, while NIIs were only halfway subscribed. Retail participation stayed low at around 16 percent. The issue values the company near ₹2,881 crore at the upper price band.
OnEMI Technology Solutions Ltd’s IPO was subscribed 60% on its second day, signaling strong early interest. The digital lending platform Kissht has already raised Rs 278 crore from anchor investors. The total Rs 926 crore issue remains open until May 5, as the company seeks to strengthen its subsidiary’s capital base ahead of BSE and NSE listing.
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