OnEMI sets ₹162-171 IPO price band; issue to open for subscription April 30 | IPO

Digital lending platform OnEMI Technology Solutions has mounted a price band of ₹162–171 per share for its preliminary public providing (IPO), which can open for subscription on April 30 and shut on May 5. The IPO includes a recent issue of shares price up to ₹850 crore and a proposal for sale (OFS) of ₹76 crore by current traders, together with Vertex Ventures and (*30*) funds.

OnEMI, which operates a technology-driven digital lending platform, focuses on younger, mass-market customers. As of December 2025, it had 11.17 million clients with property beneath administration of ₹59,557.5 million.

For the 9 months ended December 2025, the corporate reported income of ₹1,560 crore and a internet revenue of ₹199 crore.

The agency makes use of AI- and ML-based underwriting fashions and works with a community of 47 lenders, together with banks and NBFCs, to originate and repair loans.