Kissht Parent OnEMl IPO To Open On April 30 At Price Band Of ₹71

OnEMl’s IPO marks a significant milestone for the fintech ecosystem in India. The company, known for its consumer credit solutions through Kissht, aims to leverage the public issue to strengthen its capital base and expand its digital lending operations.

IPO Details

The IPO will open on April 30 with a price band of ₹71 per share. Market watchers expect robust participation from retail and institutional investors, given the company’s established presence in consumer finance and its technology-driven lending model.

Market Outlook

Analysts believe the IPO could benefit from rising demand for fintech solutions in India’s credit market. The listing is anticipated to provide OnEMl with greater visibility and resources to scale operations, while investors will be keen to assess its long-term profitability and growth trajectory.

Key highlights

• OnEMl IPO to open on April 30
• Price band set at ₹71 per share
• Parent company of Kissht digital lending platform
• Funds to support expansion and strengthen capital base

Sources: Reuters, Exchange filings, Market reports