{"id":82205,"date":"2026-05-05T18:22:24","date_gmt":"2026-05-05T12:52:24","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=82205"},"modified":"2026-05-05T18:22:25","modified_gmt":"2026-05-05T12:52:25","slug":"onemi-technology-ipo-gmp-day-3-subscription-status-may-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/","title":{"rendered":"OnEMI Technology IPO Day 3 LIVE GMP Subscription Status Price Band to Review Apply or Not"},"content":{"rendered":"<div class=\"meta-block\">\n<p><strong style=\"font-size: revert; color: initial;\">OnEMI Technology IPO Day 3<\/strong><span style=\"font-size: revert; color: initial;\"> is the final day of bidding today, May 5, 2026, with the Rs 925.92 crore IPO of the digital lending company that operates the Kissht platform closing at 5 PM. As of mid-session, the OnEMI Technology IPO issue had crossed full subscription at 1.04 times overall with bids for 4.12 to 4.14 crore shares against 3.97 crore shares on offer. The <\/span><strong style=\"font-size: revert; color: initial;\">OnEMI Technology IPO Day 3<\/strong><span style=\"font-size: revert; color: initial;\"> grey market premium is flat at approximately Rs 1 to Rs 1.50 per share, pointing to an expected listing price of Rs 172 to Rs 172.50 against the upper price band of Rs 171. Listing is scheduled for May 8, 2026 on BSE and NSE.<\/span><\/p>\n<\/div>\n<p>The OnEMI Technology IPO entered its final day with QIBs strongly supporting the OnEMI Technology IPO issue at 2.35 times their quota, while retail participation has been softer at 25 to 52 percent of their allocated portion. The <strong>OnEMI Technology IPO Day 3<\/strong> last-hour HNI and retail bids will determine the final overall subscription multiple and listing price expectations.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here &#8211; Get Free Investment Predictions on Univest<\/strong><\/a> The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#OnEMI_Technology_IPO_%E2%80%93_Updated_Key_Details\" title=\"OnEMI Technology IPO &#8211; Updated Key Details\">OnEMI Technology IPO &#8211; Updated Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#OnEMI_Technology_IPO_GMP_Today_%E2%80%93_Day_3_May_5_2026\" title=\"OnEMI Technology IPO GMP Today &#8211; Day 3 (May 5, 2026)\">OnEMI Technology IPO GMP Today &#8211; Day 3 (May 5, 2026)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Subscription_Status_From_Day_1_to_Day_3\" title=\"Subscription Status From Day 1 to Day 3\">Subscription Status From Day 1 to Day 3<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#OnEMI_Technology_%E2%80%93_Company_Business_Overview\" title=\"OnEMI Technology &#8211; Company Business Overview\">OnEMI Technology &#8211; Company Business Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Financial_Snapshot_%E2%80%93_OnEMI_Technology\" title=\"Financial Snapshot &#8211; OnEMI Technology\">Financial Snapshot &#8211; OnEMI Technology<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Why_Digital_Lending_Is_OnEMI_Technologys_Long-Term_Opportunity\" title=\"Why Digital Lending Is OnEMI Technology&#8217;s Long-Term Opportunity\">Why Digital Lending Is OnEMI Technology&#8217;s Long-Term Opportunity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#OnEMI_Technology_Valuation_%E2%80%93_Is_Rs_171_the_Right_Price\" title=\"OnEMI Technology Valuation &#8211; Is Rs 171 the Right Price?\">OnEMI Technology Valuation &#8211; Is Rs 171 the Right Price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Day_3_Decision_Should_You_Apply_Before_5_PM_Today\" title=\"Day 3 Decision: Should You Apply Before 5 PM Today\">Day 3 Decision: Should You Apply Before 5 PM Today<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Apply_for_OnEMI_Technology_IPO_If_You_Match_This_Profile\" title=\"Apply for OnEMI Technology IPO If You Match This Profile\">Apply for OnEMI Technology IPO If You Match This Profile<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Consider_Skipping_the_OnEMI_Technology_IPO_If_You_Match_This_Profile\" title=\"Consider Skipping the OnEMI Technology IPO If You Match This Profile\">Consider Skipping the OnEMI Technology IPO If You Match This Profile<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#OnEMI_Technology_IPO_Listing_Price_Prediction\" title=\"OnEMI Technology IPO Listing Price Prediction\">OnEMI Technology IPO Listing Price Prediction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#How_to_Check_OnEMI_Technology_IPO_Allotment_Status_on_BSE_NSE_and_Registrar\" title=\"How to Check OnEMI Technology IPO Allotment Status on BSE NSE and Registrar\">How to Check OnEMI Technology IPO Allotment Status on BSE NSE and Registrar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Frequently_Asked_Questions_%E2%80%93_OnEMI_Technology_IPO_Day_3\" title=\"Frequently Asked Questions &#8211; OnEMI Technology IPO Day 3\">Frequently Asked Questions &#8211; OnEMI Technology IPO Day 3<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Q1_What_is_OnEMI_Technology_IPO_GMP_on_Day_3_May_5\" title=\"Q1. What is OnEMI Technology IPO GMP on Day 3 (May 5)?\">Q1. What is OnEMI Technology IPO GMP on Day 3 (May 5)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Q2_Should_I_apply_for_OnEMI_Technology_IPO_on_Day_3\" title=\"Q2. Should I apply for OnEMI Technology IPO on Day 3?\">Q2. Should I apply for OnEMI Technology IPO on Day 3?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Q3_Is_OnEMI_Technology_IPO_fully_subscribed_on_Day_3\" title=\"Q3. Is OnEMI Technology IPO fully subscribed on Day 3?\">Q3. Is OnEMI Technology IPO fully subscribed on Day 3?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Q4_What_is_the_OnEMI_Technology_IPO_listing_date\" title=\"Q4. What is the OnEMI Technology IPO listing date?\">Q4. What is the OnEMI Technology IPO listing date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Q5_What_are_the_key_risks_in_OnEMI_Technology_IPO\" title=\"Q5. What are the key risks in OnEMI Technology IPO?\">Q5. What are the key risks in OnEMI Technology IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Q6_What_Is_OnEMI_Technology_IPO_AUM\" title=\"Q6. What Is OnEMI Technology IPO AUM?\">Q6. What Is OnEMI Technology IPO AUM?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Q7_Can_OnEMI_Technology_IPO_list_below_issue_price\" title=\"Q7. Can OnEMI Technology IPO list below issue price?\">Q7. Can OnEMI Technology IPO list below issue price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Q8_How_to_apply_for_OnEMI_Technology_IPO_on_the_last_day\" title=\"Q8. How to apply for OnEMI Technology IPO on the last day?\">Q8. How to apply for OnEMI Technology IPO on the last day?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/onemi-technology-ipo-gmp-day-3-subscription-status-may-2026\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"OnEMI_Technology_IPO_%E2%80%93_Updated_Key_Details\"><\/span><strong>OnEMI Technology IPO &#8211; Updated Key Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Parameter<\/th>\n<th>Details<\/th>\n<\/tr>\n<tr>\n<td>Today (Day 3)<\/td>\n<td>May 5, 2026 &#8211; Final Day<\/td>\n<\/tr>\n<tr>\n<td>IPO Closes<\/td>\n<td>May 5, 2026 at 5 PM<\/td>\n<\/tr>\n<tr>\n<td>Price Band<\/td>\n<td>Rs 162 to Rs 171 per share<\/td>\n<\/tr>\n<tr>\n<td>Lot Size<\/td>\n<td>87 shares &#8211; Min investment Rs 14,877<\/td>\n<\/tr>\n<tr>\n<td>Issue Size<\/td>\n<td>Rs 925.92 crore<\/td>\n<\/tr>\n<tr>\n<td>Listing Date<\/td>\n<td>May 8, 2026 (NSE and BSE)<\/td>\n<\/tr>\n<tr>\n<td>Allotment<\/td>\n<td>May 6, 2026<\/td>\n<\/tr>\n<tr>\n<td>Registrar<\/td>\n<td>KFin Technologies Ltd<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"OnEMI_Technology_IPO_GMP_Today_%E2%80%93_Day_3_May_5_2026\"><\/span><strong>OnEMI Technology IPO GMP Today &#8211; Day 3 (May 5, 2026)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>OnEMI Technology IPO GMP on Day 3<\/strong> is approximately Rs 1 to Rs 1.50 per share in grey market activity. At this GMP level, the implied expected listing price is Rs 172 to Rs 172.50, representing a gain of 0.6 to 0.88 percent over the upper price band of Rs 171. This is a near-flat GMP that signals the market expects a listing close to the OnEMI Technology IPO issue price with very limited listing gain.<\/p>\n<table>\n<tbody>\n<tr>\n<th>GMP Data Point<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>GMP Range (Day 3, May 5)<\/td>\n<td>Rs 1 to Rs 1.50 per share<\/td>\n<\/tr>\n<tr>\n<td>Upper Price Band<\/td>\n<td>Rs 171 per share<\/td>\n<\/tr>\n<tr>\n<td>Expected Listing (GMP Low)<\/td>\n<td>Rs 172 (approximately 0.6 percent gain)<\/td>\n<\/tr>\n<tr>\n<td>Expected Listing (GMP High)<\/td>\n<td>Rs 172.50 (approximately 0.88 percent gain)<\/td>\n<\/tr>\n<tr>\n<td>GMP Trend<\/td>\n<td>Declining from high of Rs 7.50 to near flat<\/td>\n<\/tr>\n<tr>\n<td>Historical GMP High<\/td>\n<td>Rs 7.50 in early subscription period<\/td>\n<\/tr>\n<tr>\n<td>Caution<\/td>\n<td>GMP can move sharply before May 8 listing<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The <strong>OnEMI Technology IPO Day 3<\/strong> GMP trajectory tells a clear story: early grey market optimism of Rs 7.50 has collapsed to near zero as subscription momentum remained muted in the retail category. A GMP of Rs 1 on a Rs 171 issue does not provide meaningful listing gain for the risk of blocking Rs 14,877 in ASBA for the subscription period.<\/p>\n<p>Track <strong>OnEMI Technology IPO Day 3<\/strong> live subscription and GMP on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Subscription_Status_From_Day_1_to_Day_3\"><\/span><strong>Subscription Status From Day 1 to Day 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Day 3 mid-session subscription as of approximately 12:45 PM on May 5, 2026: The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<table>\n<tbody>\n<tr>\n<th>Category<\/th>\n<th>Day 3 Subscription (mid-session)<\/th>\n<th>Reading<\/th>\n<\/tr>\n<tr>\n<td>Retail (RII)<\/td>\n<td>25 to 52 percent<\/td>\n<td>Below full subscription &#8211; retail cautious<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional (NII\/HNI)<\/td>\n<td>1.13 to 1.14 times<\/td>\n<td>Just above full subscription<\/td>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>2.35 times<\/td>\n<td>Strong institutional demand &#8211; best category<\/td>\n<\/tr>\n<tr>\n<td>Overall (Day 3 mid-session)<\/td>\n<td>1.04 times<\/td>\n<td>Just above full subscription &#8211; barely above 1x<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The QIB category for the OnEMI Technology IPO at 2.35 times is the most constructive data point in the <strong>OnEMI Technology IPO Day 3<\/strong> subscription. QIB participation from domestic mutual funds and foreign institutional investors typically reflects confidence in business quality and long-term fundamentals. The weak retail subscription below 50 to 52 percent reflects investor caution about flat GMP and declining PAT in FY25 relative to FY24.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"OnEMI_Technology_%E2%80%93_Company_Business_Overview\"><\/span><strong>OnEMI Technology &#8211; Company Business Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>OnEMI Technology Solutions Limited, founded in 2016 and headquartered in Mumbai, is a technology-enabled digital lender operating under two brands: Kissht, a consumer digital lending platform, and Ring (also called PaywithRING), a payments application. The company offers digital credit products aimed at young consumers in the mass market segment across both online and offline merchant networks The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<p>OnEMI Technology raised Rs 277.77 crore from 22 anchor investors at Rs 171 per share before the <strong>OnEMI Technology IPO Day 3<\/strong>, with JM Financial, HSBC Securities, Nuvama Wealth Management, SBI Capital Markets, and Centrum Broking as book running lead managers for the OnEMI Technology IPO.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Snapshot_%E2%80%93_OnEMI_Technology\"><\/span><strong>Financial Snapshot &#8211; OnEMI Technology<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Period<\/th>\n<th>Revenue \/ Total Income<\/th>\n<th>Net Profit (PAT)<\/th>\n<th>AUM<\/th>\n<\/tr>\n<tr>\n<td>FY2023<\/td>\n<td>Rs 1,275 crore total assets base<\/td>\n<td>Base year<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>FY2024<\/td>\n<td>Rs 1,700.3 crore total income<\/td>\n<td>Rs 197.3 crore<\/td>\n<td>Rs 2,604 crore<\/td>\n<\/tr>\n<tr>\n<td>FY2025<\/td>\n<td>Rs 1,352.7 crore total income<\/td>\n<td>Rs 160.6 crore<\/td>\n<td>Rs 4,087 crore<\/td>\n<\/tr>\n<tr>\n<td>9M FY2026 (Apr-Dec 2025)<\/td>\n<td>Rs 1,583.93 crore total income<\/td>\n<td>Rs 199.27 crore<\/td>\n<td>Rs 5,956 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: OnEMI Technology Solutions Red Herring Prospectus. Note: FY25 total income declined 20.4 percent and PAT fell 18.6 percent year on year from FY24. 9M FY26 shows recovery. Verify all figures before investing.<\/em> The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for real-time IPO updates and SEBI-registered research The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Digital_Lending_Is_OnEMI_Technologys_Long-Term_Opportunity\"><\/span><strong>Why Digital Lending Is OnEMI Technology&#8217;s Long-Term Opportunity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The OnEMI Technology IPO targets India&#8217;s formal credit market where penetration remains low relative to its population, with a large segment of young consumers and small businesses underserved by traditional banks. Digital lending platforms like Kissht address this gap by offering quick-turnaround consumer credit through mobile applications, using alternative data and AI-based credit scoring to underwrite borrowers who lack traditional credit histories. OnEMI&#8217;s AUM grew from Rs 2,604 crore in FY24 to Rs 5,956 crore by December 2025, nearly doubling in approximately 18 months, reflecting strong underlying demand for its digital credit products The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"OnEMI_Technology_Valuation_%E2%80%93_Is_Rs_171_the_Right_Price\"><\/span><strong>OnEMI Technology Valuation &#8211; Is Rs 171 the Right Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At the upper price band of Rs 171, the OnEMI Technology IPO OnEMI Technology is valued at a price-to-earnings multiple of approximately 10.84 times based on trailing earnings, and at a price-to-book ratio of 0.91 times, which is below book value. This is a relatively modest valuation for a fintech lender with strong AUM growth. However, the FY25 income and PAT decline relative to FY24 raises questions about earnings quality and sustainability, which partly explains the muted investor response in retail and the flat GMP heading into <strong>OnEMI Technology IPO Day 3<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Day_3_Decision_Should_You_Apply_Before_5_PM_Today\"><\/span><strong>Day 3 Decision: Should You Apply Before 5 PM Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Apply_for_OnEMI_Technology_IPO_If_You_Match_This_Profile\"><\/span><strong>Apply for OnEMI Technology IPO If You Match This Profile<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Long-term fintech investor (12 to 24 month horizon):<\/strong> You believe India&#8217;s digital lending market will grow significantly and OnEMI&#8217;s Kissht platform, with AUM of nearly Rs 6,000 crore, has the scale to generate sustainable returns. You are comfortable with the FY25 income decline being a temporary headwind The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<p><strong>Value-oriented investor:<\/strong> The P\/B of 0.91 times is below book value, which is unusual for a growing fintech. If the 9M FY26 recovery in PAT to Rs 199 crore annualises into a strong FY26 full year, the entry price at Rs 171 may look attractive in hindsight The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<p><strong>Moderate risk retail applicant for allotment:<\/strong> With retail subscribed only 25 to 52 percent, allotment probability for retail applicants is very high, meaning anyone who applies on Day 3 has a near-certain chance of receiving shares at issue price The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Consider_Skipping_the_OnEMI_Technology_IPO_If_You_Match_This_Profile\"><\/span><strong>Consider Skipping the OnEMI Technology IPO If You Match This Profile<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Listing-gain focused trader:<\/strong> The GMP of Rs 1 to Rs 1.50 does not provide meaningful listing gain for the risk of committing Rs 14,877 for the ASBA lock-in period. Better listing opportunities typically come with GMPs of 10 to 20 percent or more The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<p><strong>Conservative investor concerned about declining financials:<\/strong> FY25 total income fell 20.4 percent and PAT fell 18.6 percent year on year from FY24. If this declining trend is structural rather than cyclical, the Rs 171 price at 10.84 times PE may not offer adequate margin of safety The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<p><strong>Investor with regulatory risk concerns:<\/strong> Digital lending is subject to evolving RBI regulation. Any future restriction on digital lending practices, fee structures, or recovery mechanisms could materially impact OnEMI&#8217;s business model and post-listing stock performance The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"OnEMI_Technology_IPO_Listing_Price_Prediction\"><\/span><strong>OnEMI Technology IPO Listing Price Prediction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Scenario<\/th>\n<th>Condition<\/th>\n<th>Expected Listing Price<\/th>\n<th>Listing Gain or Loss<\/th>\n<\/tr>\n<tr>\n<td>Bull<\/td>\n<td>Final subscription crosses 2 to 3 times, market rallies<\/td>\n<td>Rs 178 to Rs 185<\/td>\n<td>4 to 8 percent gain<\/td>\n<\/tr>\n<tr>\n<td>Base<\/td>\n<td>Subscription stays around 1.2 to 1.5 times, flat market<\/td>\n<td>Rs 171 to Rs 174<\/td>\n<td>Flat to 2 percent gain<\/td>\n<\/tr>\n<tr>\n<td>Bear<\/td>\n<td>Retail stays weak, broader market sells off before May 8<\/td>\n<td>Rs 162 to Rs 171<\/td>\n<td>Flat to issue price loss<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The base scenario aligns with the current GMP and subscription data. The bear scenario remains real if the market weakens before the May 8 listing date. Investors applying on <strong>OnEMI Technology IPO Day 3<\/strong> should be prepared for a flat listing and assess the stock on 6 to 12 month fundamentals.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Check_OnEMI_Technology_IPO_Allotment_Status_on_BSE_NSE_and_Registrar\"><\/span><strong>How to Check OnEMI Technology IPO Allotment Status on BSE NSE and Registrar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The allotment for OnEMI Technology IPO is expected to be finalised on May 6, 2026.<\/p>\n<p><strong>Method 1 &#8211; Registrar website:<\/strong> Visit KFin Technologies at kfintech.com, navigate to IPO Allotment Status, enter your PAN or application number, and submit The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<p><strong>Method 2 &#8211; BSE website:<\/strong> Go to bseindia.com, Investors section, Application Status, select OnEMI Technology Solutions, enter PAN and check from May 6, 2026 The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<p><strong>Method 3 &#8211; NSE website:<\/strong> Go to nseindia.com, select Equity and SME IPO bid details, pick the company symbol KISSHT from the dropdown, and enter your details The OnEMI Technology IPO is a key investment event to track closely.<\/p>\n<p>The OnEMI Technology IPO <em>Investments in securities are subject to market risk. Please read all related documents before investing. This content is for educational purposes only and does not constitute investment advice. Consult a SEBI registered financial advisor before making any investment decisions.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_%E2%80%93_OnEMI_Technology_IPO_Day_3\"><\/span><strong>Frequently Asked Questions &#8211; OnEMI Technology IPO Day 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Q1_What_is_OnEMI_Technology_IPO_GMP_on_Day_3_May_5\"><\/span><strong>Q1. What is OnEMI Technology IPO GMP on Day 3 (May 5)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>OnEMI Technology IPO GMP on Day 3 is approximately Rs 1 to Rs 1.50 per share, implying an expected listing of Rs 172 to Rs 172.50 (0.6 to 0.88 percent gain over the Rs 171 upper band). GMP has declined from a high of Rs 7.50 earlier in the subscription period. It is unofficial and should not be the sole basis for application decisions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q2_Should_I_apply_for_OnEMI_Technology_IPO_on_Day_3\"><\/span><strong>Q2. Should I apply for OnEMI Technology IPO on Day 3?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The OnEMI Technology IPO For long-term investors who believe in India&#8217;s digital lending growth and are comfortable with flat near-term listing, the P\/B below 1 times and strong 9M FY26 recovery provide a case for subscribing. For listing-gain traders, the near-zero GMP does not offer compelling risk-reward. Retail allotment probability is very high given low retail subscription below 50 percent.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q3_Is_OnEMI_Technology_IPO_fully_subscribed_on_Day_3\"><\/span><strong>Q3. Is OnEMI Technology IPO fully subscribed on Day 3?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, the <strong>OnEMI Technology IPO Day 3<\/strong> crossed full subscription at 1.04 times overall by mid-session on May 5, 2026, with 4.12 crore shares bid against 3.97 crore shares on offer. QIBs led at 2.35 times, NIIs at 1.13 times, while retail remained at 25 to 52 percent of their quota. The issue closes today at 5 PM.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q4_What_is_the_OnEMI_Technology_IPO_listing_date\"><\/span><strong>Q4. What is the OnEMI Technology IPO listing date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The OnEMI Technology IPO listing date is May 8, 2026 on both BSE and NSE. Allotment is on May 6, shares credited to demat accounts on May 7, and listing debut on May 8. Allotment status can be checked on the KFin Technologies website and BSE or NSE from May 6, 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q5_What_are_the_key_risks_in_OnEMI_Technology_IPO\"><\/span><strong>Q5. What are the key risks in OnEMI Technology IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The OnEMI Technology IPO Key risks include: FY25 income and PAT declined 20 percent and 18.6 percent year on year from FY24, indicating recent earnings pressure; evolving RBI regulation of digital lending could impact fee structures and recovery practices; competition from banks and other fintech lenders in consumer digital credit is intense; and geographic and customer concentration in mass market young consumers who may have higher default risk in economic stress.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q6_What_Is_OnEMI_Technology_IPO_AUM\"><\/span><strong>Q6. What Is OnEMI Technology IPO AUM?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The OnEMI Technology IPO OnEMI Technology&#8217;s assets under management grew from Rs 2,604 crore in FY24 to Rs 4,087 crore in FY25, and further to Rs 5,956 crore as of December 2025. This strong AUM growth despite income and PAT pressure in FY25 shows the platform is scaling fast while managing margins through a transition period.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q7_Can_OnEMI_Technology_IPO_list_below_issue_price\"><\/span><strong>Q7. Can OnEMI Technology IPO list below issue price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The OnEMI Technology IPO Yes, a below-issue price listing for the OnEMI Technology IPO is possible if broader market conditions deteriorate before the May 8 listing date. With a GMP of only Rs 1 to Rs 1.50, the implied listing premium is very thin and can easily turn into a flat or below-issue listing if Sensex and Nifty sell off sharply. The current overall subscription of just 1.04 times also means there is no strong oversubscription cushion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Q8_How_to_apply_for_OnEMI_Technology_IPO_on_the_last_day\"><\/span><strong>Q8. How to apply for OnEMI Technology IPO on the last day?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The OnEMI Technology IPO Apply for the OnEMI Technology IPO through your broker&#8217;s IPO section or ASBA facility in net banking. Select OnEMI Technology Solutions Limited, choose 1 lot (87 shares) at the upper price band of Rs 171 (Rs 14,877 minimum). Applications are accepted until 5 PM on May 5, 2026. Use UPI ASBA for fastest processing. Allotment status will be available on KFin Technologies from May 6, 2026.<\/p>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/univest.in\/blogs\/why-is-ahlucont-share-price-falling-key-reasons-2026\">Why Is Ahluwalia Contracts Share Price Falling Key Reasons 2026<\/a><\/p>\n<p><a href=\"https:\/\/univest.in\/blogs\/why-is-ahlucont-share-price-falling-key-reasons-2026\">Why Is Ahluwalia Contracts Share Price Falling Key Reasons 2026<\/a><\/p>\n<p><a href=\"https:\/\/univest.in\/blogs\/why-is-nuvoco-share-price-falling-key-reasons-2026\">Why Is Nuvoco Vistas Corporation Share Price Falling Key Reasons 2026<\/a><\/p>\n<p><a href=\"https:\/\/univest.in\/blogs\/why-is-capacite-share-price-falling-key-reasons-2026\">Why Is Capacite Infraprojects Share Price Falling Key Reasons 2026<\/a><\/p>\n<p><a href=\"https:\/\/univest.in\/blogs\/why-is-psp-projects-share-price-falling-key-reasons-2026\">Why Is PSP Projects Share Price Falling Key Reasons 2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OnEMI Technology (Kissht) IPO Day 3 May 5: 1.04x overall, QIB 2.35x, GMP Rs 1 flat. Closes today. Price band Rs 162-171, lot 87 shares, listing May 8. Last chance apply or skip decision.<\/p>\n","protected":false},"author":35,"featured_media":82262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[4147],"class_list":["post-82205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo-day-3"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1777986301:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["78"],"rank_math_title":["OnEMI Technology IPO (Kissht) GMP Day 3 May 5 2026 Subscription 1.04x "],"rank_math_description":["OnEMI Technology IPO Day 3 May 5: Overall 1.04x subscribed, QIB 2.35x, GMP Rs 1-1.5. Closes today. Price band Rs 162-171, lot 87 shares, listing May 8. 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