OnEMI, Kissht parent, to weigh fresh fundraise four months after ₹926 crore IPO
The digital-lending company’s board is scheduled to meet on September 17 to consider an equity or convertible-securities raise, subject to approvals. In Q1 FY27, operating revenue rose 45% YoY to ₹670 crore and AUM climbed 61% to ₹8,001 crore.
What happened
OnEMI Technology Solutions, parent of digital lending platform Kissht, will consider a fresh equity or convertible-securities fundraise on September 17, four
Key facts
- Rs 926 crore IPO proceeds
- Rs 850 crore fresh issue
- Q1 FY27 operating revenue Rs 670 crore, up 45% YoY
- Q1 FY27 profit Rs 95 crore, up 58% YoY
- AUM Rs 8,001 crore, up 61% YoY
What changed
OnEMI Technology Solutions, parent of digital lending platform Kissht, will consider a fresh equity or convertible-securities fundraise on September 17, four months after its Rs 926 crore IPO. The company reported strong Q1 FY27 revenue, profit and AUM growth.
Why this matters
OnEMI’s 61% AUM growth to ₹8,001 crore and 45% revenue increase underscore strong lending momentum, but a fresh raise so soon after its IPO raises the bar on credit quality and deployment discipline.
What to watch
- Board approval of equity versus convertible securities
- Fundraise size relative to current net worth and IPO proceeds
- Issue price, conversion premium and lock-up terms
- Anchor or strategic investor participation
- Q2 FY27 AUM growth and operating-revenue trajectory
Also reported by
- Entrackr — Same time