OnEMI Technology Solutions (KISSHT) IPO GMP History | Listing Price ₹190 & Kostak Rate
OnEMI Technology Solutions (KISSHT) IPO has been listed on May 8, 2026 at a listing price of ₹190, against the issue price of ₹171 — a gain of ₹19 (+11.11%). The GMP peaked at ₹30 on 6 May 2026 and reached a low of ₹1.5 on 4 May 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
OnEMI Technology Solutions (KISSHT) IPO raised ₹926 Cr. through its IPO at a price band of ₹162 to ₹171 per share, with a lot size of 87 shares. The IPO was open for subscription from 30 Apr 2026 to 05 May 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 27 Aug, 12:07 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 07 May 2026 | ₹ 27 | ▼ | 16% | ₹ 1650 | ₹ 1700 |
| 06 May 2026 | ₹ 30 | ▲ | 18% | ₹ 0 | ₹ 0 |
| 05 May 2026 | ₹ 10 | ▲ | 6% | ₹ 0 | ₹ 0 |
| 04 May 2026 | ₹ 1.5 | ▼ | 1% | ₹ 0 | ₹ 0 |
| 03 May 2026 | ₹ 4 | ▲ | 2% | ₹ 280 | ₹ 300 |
| 02 May 2026 | ₹ 3.6 | ▲ | 2% | ₹ 250 | ₹ 300 |
| 01 May 2026 | ₹ 3.5 | ▼ | 2% | ₹ 250 | ₹ 300 |
| 30 Apr 2026 | ₹ 4.5 | ▼ | 3% | ₹ 250 | ₹ 300 |
| 29 Apr 2026 | ₹ 5 | ▲ | 3% | ₹ 250 | ₹ 300 |
| 28 Apr 2026 | ₹ 4 | ▼ | 2% | ₹ 0 | ₹ 0 |
| 27 Apr 2026 | ₹ 6 | — | 4% | ₹ 0 | ₹ 0 |
OnEMI Technology Solutions (KISSHT) IPO dates
Key dates from opening to listing. Today is 25 September.
- Open 30 Apr 2026
- Close 05 May 2026
- Allotment 06 May 2026
- Refund/credit 07 May 2026
- Listing 08 May 2026
OnEMI Technology Solutions (KISSHT) IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹171 |
|---|---|
| GMP-based estimate (pre-listing) | ₹198 (+15.8%) |
| Listing gain / loss | +₹19 per share |
| Listing date | 08 May, 2026 |
| Actual listing price | ₹190 (+11.11%) |
Is OnEMI Technology Solutions (KISSHT) IPO GMP reliable?
Grey market premium for OnEMI Technology Solutions (KISSHT) IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the OnEMI Technology Solutions (KISSHT) IPO full review for a fundamentals-based assessment before making any grey market trades.
OnEMI Technology Solutions (KISSHT) IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for OnEMI Technology Solutions (KISSHT) IPO was Retail: ₹1650, SHNI: ₹6760, BHNI: ₹23140. This is the fixed amount a grey market buyer pays for your IPO application — regardless of whether you receive allotment.
The Subject to Sauda price was Retail: ₹1700, SHNI: ₹23800, BHNI: ₹. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About OnEMI Technology Solutions (KISSHT) IPO
OnEMI Technology Solutions Limited, incorporated on 18 June 2016 in Mumbai, was founded by Ranvir Singh (Founder & CEO) and Krishnan Vishwanathan (Co-Founder) — both seasoned professionals with deep expertise in financial services and technology. Originally operating as a private limited company, it was converted into a public limited company in 2025. Starting with a mission to bring formal credit to underserved and new-to-credit Indians, the company has grown into one of India's leading fintech platforms with an AUM exceeding ₹40,000 crore and over 53 million registered users.
The company operates under two key brands — Kissht, a digital lending platform offering instant personal loans, small business loans, and Loan Against Property (LAP); and Ring, a payments and credit app enabling EMI-based purchases. Its business model combines a hybrid lending approach — own-book lending alongside its NBFC partner, Si Creva Capital Services, which handles loan disbursement, KYC, and EMI collections. Leveraging AI-driven credit scoring, alternative data analytics, and an API-first mobile architecture, OnEMI embeds credit solutions across online and offline merchant ecosystems, making it a key player in India's fast-growing embedded finance space.
Frequently asked
What is the GMP of OnEMI Technology Solutions (KISSHT) IPO?
The current Grey Market Premium (GMP) of OnEMI Technology Solutions (KISSHT) IPO is ₹ 27.
What is the Kostak Price of OnEMI Technology Solutions (KISSHT) IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for OnEMI Technology Solutions (KISSHT) IPO is : Retail: ₹ 1650, SHNI: ₹ 6760, BHNI: ₹ 23140.
What is the Subject to Sauda Price of OnEMI Technology Solutions (KISSHT) IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 1700, SHNI: ₹ 23800, BHNI: ₹ 0.
What was the actual listing price of OnEMI Technology Solutions (KISSHT) IPO?
OnEMI Technology Solutions (KISSHT) IPO listed on May 8, 2026 at ₹190, against the issue price of ₹171 — a gain of +11.11%.
How did the GMP of OnEMI Technology Solutions (KISSHT) IPO trend before listing?
The GMP of OnEMI Technology Solutions (KISSHT) IPO was falling in its final days before listing. The GMP peaked at ₹30 on 6 May 2026. View the day-wise table above for the complete GMP history.
Explore OnEMI Technology Solutions (KISSHT) IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
