Founded in 2016, OnEMI Technology Solutions Limited is a prominent technology-driven lender in India. The company specializes in providing digital loans through its mobile applications to meet a wide range of consumer and business requirements. Operating under the well-known brand names Kissht and Ring, OnEMI facilitates seamless credit solutions and EMI-based payments for both online and offline merchants. As of late 2025, the company’s Assets Under Management (AUM) reached ₹59,557.53 million, reflecting its scaled operations in the digital lending sector.

The company’s operational framework is supported by its NBFC partner, Si Creva Capital Services, which manages essential functions including loan disbursement, KYC verification, and EMI collections. As of December 31, 2025, OnEMI has built a significant market presence with 63.73 million registered users and a served customer base of 11.17 million. OnEMI maintains a diverse product portfolio designed to serve various financial needs, including personal loans for salaried and self-employed individuals, loans against property, and MSME loans for business expansion.

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• Large customer base acquired through a diversified multi-channel acquisition strategy
• Driving asset quality through advanced and comprehensive risk management
• Access to diversified and scalable funding sources
• Scalable, cloud-native and AI-built technology platform integrated across all key functions
• Experienced founders and leadership, backed by marquee investors.

The Company OnEMI TECHNOLOGY SOLUTIONS LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Augmenting the capital base of Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of Subsidiary, Si Creva’s business (Rs. 637.50 Cr.)
• General Corporate Purposes

At the upper band of IPO Rs. 171, the stock is valued at 10.84 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.