In the gray market, shares of OneEMI Technology were commanding a GMP of 17%. This is the first time in months that a mainboard offering has fetched a double-digit premium in the off-market.
Here’s how you can check the status of OneEMI technology. Investors can check the allotment status through the registrar Caffeine Technologies or through the exchange websites.
Visit Kfin Technologies Allotment Portal (https://iposatus.kfintech.com/).
Select OneEMI Technology IPO from the dropdown.
Enter PAN, Application Number or DP ID.
Submit a request to view allotment status.
Check on BSE India website (https://www.bseindia.com/investors/appli_check.aspx)
Select Equity under Issue Type and select OneEMI Technology from the dropdown.
Enter your application number and PAN.
Click Search to check if you have been allotted shares.
If the shares are allotted, they will be credited to the demat account on May 7, while refunds for unsuccessful applicants are also expected on the same day.
Subscription Details
Prior to the issue, the anchor investors received Rs. The IPO received solid institutional backing after raising Rs 277.8 crore.
OneEMI Technology has invested Rs. 850 crore fresh issue and Rs. 75.9 crore through a combination of offer for sale of Rs. 925.9 crore raised.
Price Band Rs. 162-171 per share, with Rs. The issue was priced at an upper band of 171. On the upper band, the company is about Rs. 2,881 crore with a pre-IPO market cap.
What does the company do?
Founded in 2016, OneEMI Technology operates digital lending platforms under the Kisht and Ring brands. The company offers personal loans, loans against property, MSME loans, EMI-based merchant financing and digital payment solutions.
As of December 2025, the company had 63.7 million registered users and served 11.17 million customers, with assets under management of Rs 5,956 crore.
Financial performance
The company has shown consistent profitability. For the nine months ended December 2025, the company reported a total of Rs. 1,584 crore in revenue and Rs. 199 crore in profit after tax was reported. Profit for FY25 Rs. 160.6 crore, compared to Rs. 197.3 crores.
Should investors expect listing benefits?
With GMP currently at zero, the gray market is signaling double-digit listing gains. However, analysts say the final listing performance will depend on broader sentiment in financial and fintech stocks, visibility of institutional demand and overall market conditions on debut day.
(disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. (These do not represent the views of The Economic Times)
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