OnEMI Technology Solutions, the holding company of a digital lending platform, Kissht, has now completed the preferential allotment of equity shares to 34 investors comprising 24 fresh investors and 10 existing shareholders to the extent of ₹832.20 crore each. The digital lending parent company issued 264,93,882 equity shares at ₹314.11 per share. The company board gave formal approval for the strategic allotment on October 23, and the new shares got official trading approval from the Bombay Stock Exchange and the National Stock Exchange on November 8. OnEMI’s post-multiple-financial transaction share capital rose from ₹17.81 crore to ₹20.46 crore, with the additional shares representing about 13% of the enlarged equity structure.

New institutional investors and preferential share issue

The preferential allotment was well received by significant domestic as well as international institutional participants, as well as the existing shareholders. Of the 34 investors, 10 shareholders, including investment schemes from Alchemy, First Bridge, Groww and HDFC, chose to make fresh investments in the firm. 

These 24 new investors on the cap table include several well-known financial firms, including Axis Mutual Fund schemes, Ashoka WhiteOak funds, 360 ONE, Bandhan Small Cap Fund, Citigroup Global Markets Hong Kong, Unity Small Finance Bank and the Massachusetts Institute of Technology. All of these institutional sponsors reflect robust confidence in the market future of the digital lender and its parent company.

Recent financial performance and balance sheet strengthening

The fresh infusion of capital will highly fortify the firm’s balance sheet and offer solid monetary backing to its core strategy of disciplined growth, strict underwriting principles, and equity treatment of customers, Kissht founder and chief executive officer Ranvir Singh stated. 

This capital raise comes on the heels of another major corporate milestone, under which Kissht’s assets under management climbed to cross ₹10,000 crore. This increased liquidity helps the company stay ahead of the fast-changing fintech lending environment and introduces more lenders into its credit footprint, serving less eligible consumers nationwide.

The preferential issue comes at times of robust financial and operational performance on the digital lending platform. In the quarter ending September 2026 (Q2 FY27), Kissht disbursed loans of ₹4,612 crore and reported a healthy net profit of ₹125.12 crore, compared with ₹62.4 crore reported during the same period of the prior year. 

The firm’s assets under management expanded 68.4% year-over-year. Si Creva Capital Services is the non-banking financial company subsidiary of Kissht, established in 2016, that made its initial stock market listing on May 8, 2026, to fund personal loans and loans against property.

Conclusion

OnEMI Technology Solutions (OTS) has completed the preferential issue worth a total of ₹832.20 crore, which represents a significant corporate milestone for its parent company, digital lending firm Kissht. The firm went through its successful capital structure process by attracting capital from an equitable mix of 24 new institutional investors and 10 existing stakeholders, thereby enhancing its financial base and equity capital. With healthy quarterly earnings, strong loan disbursements of more than ₹4,612 crore, and AUMs over ₹10,000 crore, OnEMI and Kissht have a strong basis for delivering disciplined growth, improving underwriting processes, and sustaining their profitability across the fast-changing digital lending landscape.