OnEMI Technology Solutions IPO allotment: How to check status online on NSE, BSE, KFin Technologies; listing date, time revealed

OnEMI Technology Solutions IPO allotment: The basis of allotment of Kissht operator OnEMI Technology Solutions is expected to be finalised on Wednesday, May 6. The bid finalisation details will be available on the websites of the NSE, the BSE and KFin Technologies.

The initial share sale was subscribed 9.50 times, with bids for 37,76,71,176 shares as against 3,97,62,250 shares on offer, according to the National Stock Exchange (NSE) data.

The ₹925.92 crore initial share sale, with a price band of ₹162 to ₹171 per share, was a fresh issue of shares worth ₹850 crore and an offer for sale (OFS) of ₹75.92 crore by existing shareholders.

The money generated will be used to augment the capital base of its subsidiary, Si Creva, to meet future funding needs and corporate general purposes.

OnEMI Technology Solutions, founded in 2016, operates under the brand names Kissht and Ring. The company is involved in offering digital credit solutions to primarily young consumers in the mass market segment.

OnEMI Technology Solutions IPO: Allotment date and time

OnEMI Technology Solutions IPO allotment is likely to be finalised on Wednesday, May 6, by late evening.

How to check OnEMI Technology Solutions IPO allotment status online on NSE

• Visit the IPO allotment status page of NSE: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick ‘Equity & SME IPO bid details’ option
• Select ‘OnEMI Technology Solutions’ under the symbol ‘KISSHT’
• Enter your application number and PAN
• Press the 'Submit' button

Steps to check OnEMI Technology Solutions IPO allotment status online on BSE

• Head to BSE's IPO status page: https://bseindia.com/investors/appli_check.aspx.
• Issue type should be kept as 'Equity'
• From the ‘Issue Name’ list, pick ‘OnEMI Technology Solutions Ltd’
• Fill in PAN details or IPO application number
• Press the 'Search' button

OnEMI Technology Solutions IPO allotment status online on KFin Technologies; check steps

• Go to registrar's official page: https://ipostatus.kfintech.com/
• In the ‘Select IPO’ dropdown, choose ‘OnEMI Technology Solutions Ltd’
• Mention either your PAN, IPO application number or Demat account number
• Click on the ‘Submit’ button

OnEMI Technology Solutions IPO: Listing date and time

Shares of OnEMI Technology Solutions will be listed on the NSE and the BSE on Friday, May 8, at 10 am.

OnEMI Technology Solutions IPO GMP

According to investorgain.com and media reports, unlisted shares of OnEMI Technology Solutions are trading at ₹184.25, reflecting a grey market premium (GMP) of 7.75% compared to the upper price band of ₹171.