OnEMI Technology Solutions, parent of digital lending platform Kissht, debuted on Dalal Street with an 11% premium over its IPO price. The Rs 926 crore IPO saw strong demand, particularly from institutional investors. Proceeds will bolster its NBFC subsidiary for future loan growth.
Kusumgar’s Rs 650-crore IPO opens today; grey market points to nearly 40% listing gains
The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166