Kissht's OnEMI Technology Solutions IPO oversubscribed 9 times May 5
Kissht's operator, OnEMI Technology Solutions, just wrapped up its IPO and it was a hit, oversubscribed more than nine times on May 5.
Most of the excitement came from big institutional investors, who snapped up nearly 25 times their allotted shares.
Non-institutional investors also showed strong interest (6.5 times), but regular retail participation was pretty modest at 1.83 times.
OnEMI IPO raised ₹926cr
The IPO price ranged from ₹162 to ₹171 per share with a minimum buy-in of ₹14,094 (that's 87 shares).
Out of the total ₹926 crore raised, ₹850 crore came from new shares, and ₹76 crore was sold by early backers like Vertex Ventures.
Before listing, Kissht had already attracted anchor investments from big names like HDFC Mutual Fund and Goldman Sachs, and reported a solid profit of ₹199 crore on revenue of ₹1,560 crore for the nine months ending December 2025.