📈 Live Market Tracking
Every NSE and BSE corporate filing, read and explained by AI within minutes — impact, key figures, short/long-term view and what to watch.
Live · AI analyzer runs every 5 min (07:00–23:55 IST)
Latest filing: 2026-10-16 12:17
0 analysed today
FollowTelegram
0
Today
152,139
All-time analysed
43,645
Positive
6,747
Negative
92,898
Neutral
8,781
Watch
📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
26 announcements match the current filters (relevance ≥ 5).
Kissht Clarifies ₹314.11/share Floor Price on ₹832 Cr Preferential Issue of 2.65 Cr Shares
OnEMI Technology Solutions (KISSHT) issued a clarification sought by stock exchanges regarding its proposed preferential issue of up to 2,64,93,882 equity shares. At the issue price of ₹314.11 per share, the total fundraise size stands at approximately ₹832.2 crore, representing ~29.4% of the company's current market capitalization of ₹2,835 crore. The company clarified that independent valuation reports did not yield a higher floor price than the SEBI ICDR Regulation 164(2) formula price. The preferential issue had earlier received board approval on September 17, 2026, and shareholder approval at the EGM on October 14, 2026.
Confidence: HIGH
What changedCompany provided clarificatory details on pricing methodology and valuation reports to exchanges to progress in-principle approval for its preferential issue.
Why it mattersThe ₹832.2 crore capital infusion would significantly expand the company's equity base (net worth currently ₹964 crore) to support lending growth, though it causes meaningful equity dilution.
Shares to be issued: 2,64,93,882Issue price per share: INR 314.11/-Total fundraise value: ~₹832.20 CrFundraise vs Market Cap: ~29.4%EGM approval date: October 14, 2026
📅 Short termExchanges will evaluate the clarification before granting in-principle approval, clearing procedural hurdles for the share allotment.
📈 Long termSubstantial capital augmentation provides runway for loan book expansion and improves capital adequacy, though existing shareholding will be diluted.
⚠ Risk flags
- Significant equity dilution of ~24-25% on expanded capital base
- Final in-principle approval from stock exchanges is still pending
Key Highlights
Clarification issued for preferential issue of up to 2,64,93,882 fully paid-up equity shares
Issue price fixed at ₹314.11 per equity share based on SEBI ICDR Regulation 164(2)
Total issue value is approximately ₹832.2 crore (~29.4% of market cap)
Shareholders approved the proposal at the EGM held on October 14, 2026
Valuation report dated September 16, 2026 with addendum dated October 01, 2026 confirmed floor price
👀 What to Watch
Track receipt of in-principle approval and final listing approval from BSE and NSE, followed by disclosure of allotment details and capital deployment plans.
KISSHT Shareholders Approve Preferential Issue of Equity Shares at EGM
OnEMI Technology Solutions Limited (KISSHT) announced that shareholders have approved a special resolution for the issuance of equity shares via a preferential issue on a private placement basis at its EGM held on October 14, 2026. The approval passed with the requisite majority based on the scrutinizer's report. Specific details regarding issue size, issue price, and allottees were not disclosed in the filing. KISSHT holds a market cap of Rs 2,999 Cr and net worth of Rs 964 Cr.
Confidence: MEDIUM
What changedShareholders formally approved a special resolution authorizing the company to issue equity shares on a preferential basis.
Why it mattersA preferential equity issue can augment the capital base to support lending operations in credit services, but may also lead to equity dilution.
EGM Date: October 14, 2026Issue quantum: not disclosedIssue price: not disclosed
📅 Short termMarket focus will shift toward the specific terms of the preferential allotment, including pricing relative to the current market price of Rs 369.7.
📈 Long termCapital influx will strengthen the net worth (currently Rs 964 Cr) and support balance sheet expansion, subject to dilution terms.
⚠ Risk flags
- Equity dilution risk depending on the size and pricing of the preferential placement
Key Highlights
Special resolution to approve the issuance of equity shares by way of preferential issue passed with requisite majority
EGM conducted via video conferencing on October 14, 2026, at 04:00 P.M. (IST)
Scrutinizer's report dated October 14, 2026, submitted under Regulation 44 of SEBI Listing Regulations
Total issue size, pricing, and allottee details were not disclosed in the announcement
👀 What to Watch
Track upcoming regulatory filings for specific details on the preferential issue, including the quantum of capital raised, issue price, and dilution impact on the existing equity base.
KISSHT Holds EGM for Preferential Equity Issue to Fund Future Growth Plans
OnEMI Technology Solutions Limited (KISSHT) concluded its First Extraordinary General Meeting of FY2026-27 on October 14, 2026. The meeting transacted a special resolution seeking shareholder approval for issuing equity shares via a preferential issue on a private placement basis. The capital raised is intended to support the company's capital requirements and future expansion plans, adding to its current net worth of ₹964 Cr. Voting concluded on October 14, 2026, and final scrutinizer results are expected to be disclosed shortly.
Confidence: HIGH
What changedShareholders voted on a special resolution authorizing the company to issue equity shares through a preferential private placement.
Why it mattersThe fundraise will enhance equity capital to support KISSHT's lending and expansion growth plans, potentially altering the current promoter shareholding of 23.6%.
EGM Date: October 14, 2026E-voting cut-off date: October 07, 2026Current Net Worth: ₹964 CrTotal fundraise quantum: not disclosed
📅 Short termScrutinizer voting results and exchange disclosures detailing allotment pricing and investor names will be the key near-term triggers.
📈 Long termAdditional equity capital strengthens the balance sheet for sustained loan book expansion without relying on debt, although existing shareholders should monitor dilution.
⚠ Risk flags
- Equity dilution depending on the size of the preferential issue
- Pricing details and specific investor identities are not disclosed in the proceedings document
Key Highlights
Conducted EGM on October 14, 2026, commencing at 04:00 P.M. and concluding at 4:44 P.M. IST
Special resolution presented for issuance of equity shares via preferential issue on private placement basis
Remote e-voting window was conducted between October 09, 2026 (9:00 AM) and October 13, 2026 (5:00 PM)
Cut-off date for voting eligibility was October 07, 2026
👀 What to Watch
Track the upcoming disclosure of the scrutinizer's report for voting results, alongside subsequent filings detailing the issue size, price, and exact dilution impact.
AUM Grows 68.4% YoY to ₹9,317 Cr in Q2FY27; Disbursements Surge to ₹4,612 Cr
OnEMI Technology Solutions (KISSHT) released its provisional operational updates for Q2 ended September 30, 2026. Assets Under Management (AUM) surged 68.4% YoY and 16.4% QoQ to ₹9,317 Cr, adding ₹1,316 Cr in the quarter. Quarterly disbursements rose to ₹4,612 Cr compared to ₹2,963 Cr in Q2FY26 and ₹3,812 Cr in Q1FY27. The Loan Against Property (LAP) portfolio share increased to 7.9% of AUM, up from 4.1% a year ago, reflecting ongoing portfolio diversification.
Confidence: HIGH
What changedKISSHT reported robust provisional operational growth for Q2FY27, with AUM expanding to ₹9,317 Cr and disbursements accelerating to ₹4,612 Cr.
Why it mattersSustained disbursement growth (up 55.6% YoY) and AUM expansion signify strong origination momentum and credit demand, while the higher LAP mix reflects a shift toward secured lending.
AUM (Q2FY27): ₹9,317 CrAUM YoY growth: 68.4%Disbursements (Q2FY27): ₹4,612 CrDisbursements YoY growth: 55.6%LAP share in AUM: 7.9%Registered user base: 79.54 Mn
📅 Short termLikely to drive positive sentiment given the sharp acceleration in sequential and annual lending volumes ahead of full financial results.
📈 Long termDiversifying the loan book toward secured products like LAP and scaling AUM beyond ₹9,300 Cr strengthens KISSHT's competitive position in digital lending.
⚠ Risk flags
- Credit quality and provisioning details were not disclosed in the provisional update
- Low promoter holding (23.57%)
Key Highlights
AUM increased 68.4% YoY to approximately ₹9,317 Cr as of September 30, 2026
Quarterly disbursements expanded to ₹4,612 Cr from ₹2,963 Cr in Q2FY26 and ₹3,812 Cr in Q1FY27
AUM added approximately ₹1,316 Cr sequentially in Q2FY27 (up 16.4% QoQ)
Registered user base grew 32.6% YoY to 79.54 Mn; cumulative customers served reached 12.80 Mn
Loan Against Property (LAP) mix rose to 7.9% of total AUM vs 4.1% as of September 30, 2025
👀 What to Watch
Track the full Q2FY27 financial results to assess if high disbursement growth translated into stable net interest margins (NIM) and whether asset quality/credit costs remained controlled.
KISSHT Subsidiary Faces ₹44.06 Cr GST Show Cause Notice for FY 2022-23
OnEMI Technology Solutions Limited (KISSHT) announced that its wholly-owned subsidiary, Si Creva Capital Services Private Limited, received a Show Cause Notice (SCN) under Section 73(1) of the MGST Act, 2017. The total demand amounts to ₹44.06 crore for FY 2022-23, comprising a tax demand of ₹22.03 crore, interest of ₹19.83 crore, and a penalty of ₹2.20 crore. The demand represents approximately 14.3% of the company's TTM PAT of ₹308 crore and 4.6% of its net worth. KISSHT stated the notice lacks merit and that it plans to contest it before adjudicating authorities.
Confidence: HIGH
What changedWholly owned subsidiary Si Creva Capital Services received a ₹44.06 Cr tax SCN under the MGST Act for FY 2022-23.
Why it mattersWhile the company plans to defend the case, the total exposure represents ~14.3% of annual net profit, posing potential liability risk if adjudicated adversely.
Total SCN demand: INR 44,05,68,262Tax demand raised: INR 22,02,84,131Interest component: INR 19,82,55,718Penalty component: INR 2,20,28,413Demand vs TTM PAT: ~14.3%
📅 Short termLikely minimal operational disruption as it is an SCN stage disclosure, but may introduce minor negative sentiment pending the submission of defenses.
📈 Long termLimited, unless the demand is upheld by appellate authorities and requires a formal provision or cash settlement.
⚠ Risk flags
- Adverse adjudication risk leading to tax and interest cash outflows
- Potential for similar ITC reconciliation audits in subsequent financial years
Key Highlights
Total tax, interest, and penalty demand raised under SCN is INR 44,05,68,262
Demand breakdown includes tax of INR 22,02,84,131, interest of INR 19,82,55,718, and penalty of INR 2,20,28,413
Show Cause Notice received from the Deputy Commissioner of State Tax, Maharashtra, dated September 29, 2026
Concerns alleged ITC non-reversals and outward tax mismatches for FY 2022-23
👀 What to Watch
Track the subsidiary's response timeline and subsequent adjudication orders from the GST authorities to determine if any provisions or cash outflows are required.
Kissht to Raise ₹832.2 Cr via Preferential Equity Issue at ₹314.11 per Share
OnEMI Technology Solutions (Kissht) has issued an EGM notice to approve a preferential equity issue of up to 2,64,93,882 equity shares at ₹314.11 per share, aggregating to approximately ₹832.20 crore. The fundraise is substantial, equivalent to ~95.9% of its current market cap of ₹868 crore. Proposed allottees are non-promoter institutional and qualified investors, including HDFC Mutual Fund, Massachusetts Institute of Technology, and Unity Small Finance Bank. The EGM is scheduled for October 14, 2026, with remote e-voting closing on October 13, 2026.
Confidence: HIGH
What changedKissht has formally called an Extraordinary General Meeting to seek shareholder approval for raising ₹832.20 crore through a private placement of equity shares.
Why it mattersA fundraise nearly matching the company's current market cap significantly expands its equity base, bolsters lending capacity for its credit services business, but also causes substantial equity dilution.
Total fundraise amount: INR 8,32,19,93,275.02Issue price per share: INR 314.11Shares to be allotted: 2,64,93,882Fundraise vs Market Cap: ~95.9%EGM Date: October 14, 2026
📅 Short termThe issue price of ₹314.11 represents a discount of ~13.3% to the current market price of ₹362.50, which may anchor short-term trading sentiment around the preferential price.
📈 Long termThe ₹832 crore infusion almost doubles the net worth (₹964 Cr), providing substantial capital headroom to scale loan originations and expand the balance sheet over coming years.
⚠ Risk flags
- Equity dilution of existing shareholders
- Pricing is at a discount to prevailing market price
- Shareholder and regulatory approvals pending
Key Highlights
Preferential issue of up to 2,64,93,882 equity shares at ₹314.11 per share
Total fundraising value amounts to ₹8,32,19,93,275.02 (approx. ₹832.2 Cr)
Issue price of ₹314.11 includes a premium of ₹313.11 per share against face value of ₹1
Fundraise represents ~95.9% of current market capitalization of ₹868 Cr
EGM scheduled for October 14, 2026; voting cut-off date is October 07, 2026
👀 What to Watch
Track the outcome of the shareholder vote at the EGM on October 14, 2026, and monitor regulatory approvals alongside the timeline for allotment and fund deployment.
Kissht Board Approves ₹832 Cr Preferential Issue to Marquee Institutional Investors
OnEMI Technology Solutions (Kissht) has approved a preferential issue of equity shares to raise approximately up to ₹832 crore from marquee investors including Axis MF, HDFC MF, MIT, and White Oak. The proposed fundraise is massive relative to the company's size, representing nearly 99% of its current market cap of ₹837 crore and 86% of its net worth. The company plans to deploy 75% of the proceeds to capitalize its lending subsidiary, Si Creva Capital Services, and the remaining 25% for general corporate purposes.
Confidence: HIGH
What changedThe Board approved raising ₹832 crore via preferential allotment to institutional and accredited investors.
Why it mattersThe capital injection will roughly double the company's equity base, lowering borrowing costs, supporting targeted credit rating upgrades, and significantly scaling its digital loan book.
Total fundraise amount: ₹832 croreFundraise vs Market Cap: ~99.4%Allocation to NBFC subsidiary: 75%Allocation to general corporate purpose: 25%
📅 Short termPositive sentiment likely driven by backing from marquee institutional investors and substantial balance sheet de-risking, though equity dilution details will be evaluated by the market.
📈 Long termSubstantially strengthens capital adequacy, paving the way for lower funding costs, credit rating upgrades over the next two years, and sustained credit growth.
⚠ Risk flags
- Significant equity dilution for existing shareholders given the fundraise size relative to current market cap
- Subject to shareholder approval and regulatory clearances
Key Highlights
Board approved fundraise of up to approximately ₹832 crore through a preferential issue of equity shares
75% of raised capital to be infused into lending subsidiary Si Creva Capital Services Private Limited
25% of proceeds allocated towards general corporate purposes
Marquee participants include Axis Mutual Fund (₹200 Cr across schemes), HDFC Mutual Fund (₹100 Cr), and Massachusetts Institute of Technology (₹85 Cr)
👀 What to Watch
Track shareholder and regulatory approvals for the preferential issue, alongside the upcoming EGM date and disclosure of the final issue price per share.
Kissht Board Approves ₹832.2 Cr Preferential Equity Issue at ₹314.11 per Share
OnEMI Technology Solutions (Kissht) has approved a preferential issue to raise up to ₹832.20 crore through the allotment of 2,64,93,882 equity shares of face value ₹1 each. The shares will be issued at ₹314.11 per share (including a premium of ₹313.11), which is a ~10% discount to the current trading price of ₹349.40. The issue size equals ~99.4% of the company's current market cap of ₹837 crore and ~86.3% of its net worth, marking a massive capital infusion. The allotment covers 34 non-promoter institutional and qualified investors, including funds managed by HDFC, Axis, Groww, and Massachusetts Institute of Technology, subject to shareholder approval at an EGM on October 14, 2026.
Confidence: HIGH
What changedKissht's board approved an ₹832.2 crore preferential equity issuance to 34 institutional and high-net-worth investors.
Why it mattersThe fundraise roughly doubles the company's equity capital base, providing substantial liquidity and leverage headroom to scale loan assets.
Issue size: ₹8,32,19,93,275.02Issue price: ₹314.11Number of shares: 2,64,93,882Fundraise vs Market cap: ~99.4%EGM Date: October 14, 2026
📅 Short termMarket may react to equity dilution and the ~10% issue price discount relative to the CMP of ₹349.40, alongside positive institutional backing.
📈 Long termSignificantly strengthens Tier-1 net worth and capital adequacy, enabling aggressive balance sheet expansion in credit services.
⚠ Risk flags
- Significant equity dilution for existing shareholders
- Pending shareholder approval at the EGM on October 14, 2026
Key Highlights
Board approved issuance of up to 2,64,93,882 equity shares at ₹314.11 per share
Total fundraising amounts to ₹8,32,19,93,275.02 (₹832.20 crore)
Issue price is ₹314.11 per share against current market price of ₹349.40
Allotment to 34 identified non-promoter institutional investors including MIT, HDFC AMC, and Axis AMC
Extra-Ordinary General Meeting (EGM) scheduled for October 14, 2026, for shareholder approval
👀 What to Watch
Track shareholder voting results at the October 14, 2026 EGM and observe management commentary on capital deployment into credit disbursement growth.
Kissht Approves ₹832.2 Cr Preferential Equity Issue to Institutional Investors
OnEMI Technology Solutions Limited (Kissht) has approved a preferential issue to raise up to ₹832.20 crore by issuing 2,64,93,882 equity shares at ₹314.11 per share. The fundraise is massive relative to the company's size, representing approximately 99.4% of its current market cap of ₹837 crore. The shares are allocated to 34 identified non-promoter institutional investors, including Axis Mutual Fund, HDFC Mutual Fund, and MIT. An Extra-Ordinary General Meeting (EGM) is scheduled for October 14, 2026, to seek shareholder approval.
Confidence: HIGH
What changedThe Board approved a ₹832.20 crore preferential allotment of equity shares to 34 institutional and high-net-worth investors.
Why it mattersThe capital injection will almost double the company's net worth (₹964 Cr currently), drastically strengthening its balance sheet and providing growth capital for its credit services business.
Total fundraise amount: ₹8,32,19,93,275.02Shares to be issued: 2,64,93,882Issue price per share: ₹314.11Fundraise vs Market Cap: ~99.4%EGM date: October 14, 2026
📅 Short termMarket sentiment may react positively to strong institutional participation at ₹314.11, closely aligned with current market trading levels, pending the EGM on October 14, 2026.
📈 Long termSignificantly enhances the company's capital adequacy and lending capacity, supporting sustained balance sheet growth in its credit operations.
⚠ Risk flags
- Equity dilution of existing shareholding
- Pending approval from shareholders and regulatory authorities
Key Highlights
Board approved preferential issue to raise up to ₹8,32,19,93,275.02 (₹832.20 crore)
Issue price set at ₹314.11 per equity share (face value ₹1, premium ₹313.11)
Up to 2,64,93,882 equity shares to be allotted to 34 identified non-promoter investors
Key marquee investors include Axis Small Cap Fund (1.67% post-issue), HDFC Banking & Financial Services Fund (1.65%), and Massachusetts Institute of Technology (1.22%)
Extra-Ordinary General Meeting (EGM) convened for October 14, 2026, for shareholder approval
👀 What to Watch
Track the outcome of the shareholder vote at the EGM on October 14, 2026, and watch for subsequent regulatory clearances and capital deployment timelines.
59% PAT Growth and Rs 8,001 Cr AUM: Kissht Q1 FY27 Earnings Call Highlights
Kissht (OnEMI Technology Solutions) reported a strong Q1 FY27 with Profit After Tax (PAT) rising 59% YoY to Rs 95 crore. Assets Under Management (AUM) reached Rs 8,001 crore, a 61% YoY increase, while credit costs improved significantly to 6.80% from 8.85% a year ago. The company is strategically shifting towards higher-quality borrowers and off-book lending, which now constitutes 53.6% of the total book. Management remains cautious on industry-wide stress in small-ticket loans, having proactively paused lending in 450 pin codes earlier to mitigate risk.
Confidence: HIGH
What changedThe company has scaled its AUM past the Rs 8,000 crore mark while successfully reducing its credit cost by over 200 basis points YoY.
Why it mattersThe results demonstrate that the company can maintain high profitability (5.05% Return on Average AUM) even while tightening underwriting standards and increasing its off-balance sheet exposure.
AUM: Rs 8,001 crPAT Growth (YoY): 59%Credit Cost: 6.80%Off-book Lending Share: 53.6%Gross NPA: 2.25%Registered Users: 74.6 million
📅 Short termThe stock may react positively to the strong bottom-line growth and the management's proactive risk management stance regarding pin-code level lending.
📈 Long termThe transition to a higher share of off-book lending and focus on repeat, high-quality customers suggests a move toward a more sustainable and capital-efficient business model.
⚠ Risk flags
- Industry-wide stress in small-ticket loans
- Potential margin compression from lower-risk pricing
- Macro risks from West Asia impacting fuel prices and consumer confidence
Key Highlights
AUM grew 61% YoY to Rs 8,001 crore, with quarterly disbursements reaching Rs 3,812 crore.
Profit After Tax (PAT) increased 59% YoY to Rs 95 crore, delivering a Return on Average Equity (ROAE) of 21.20%.
Credit costs reduced to 6.80% of average AUM, down from 8.85% in Q1 FY26, reflecting improved borrower quality.
Off-book lending share increased to 53.6% from 49.7% QoQ, shifting the model toward capital-light fee income.
Maintained high provisioning with Stage-3 ECL coverage at 84.1% and Stage-2 coverage at 80.4%.
👀 What to Watch
Watch for the impact of the shift toward lower-risk, lower-priced customers on overall revenue margins in upcoming quarters. Monitor the collection efficiency, currently at 96.82%, as a lead indicator for asset quality in the small-ticket segment.
59% PAT Growth to ₹95 Cr; AUM Crosses ₹8,000 Cr in Q1 FY27
Kissht (OnEMI Technology Solutions) delivered a robust Q1 FY27, its first as a listed entity, with PAT rising 59% YoY to ₹95 Cr. AUM surged 61% YoY to ₹8,001 Cr, supported by the infusion of ₹637 Cr from IPO proceeds into its NBFC subsidiary. Asset quality showed marked improvement with GNPA at 2.25% (down from 3.64% YoY) and a healthy annualized RoAE of 21.20%. The company maintains a capital-light model with 53.6% of AUM being off-book through 45+ lending partners.
Confidence: HIGH
What changedThis is the first quarterly result post-listing (May 2026), showing significant capital strengthening and continued high-growth momentum in the digital lending space.
Why it mattersThe high RoAAUM of 5.05% and RoAE of 21.20% indicate strong profitability; the successful deployment of ₹637 Cr IPO proceeds into the NBFC subsidiary provides a runway for further AUM expansion.
AUM: ₹8,001 CrPAT (Q1 FY27): ₹95 CrGNPA: 2.25%Net Worth: ₹2,245 CrOff-book AUM %: 53.6%RoAE (Annualized): 21.20%
📅 Short termThe stock is likely to react positively to the strong growth and asset quality improvement in its debut quarterly report as a listed company.
📈 Long termThe company is scaling rapidly; long-term value depends on managing credit costs in the unsecured segment (92% of AUM) and successfully diversifying into secured LAP products.
⚠ Risk flags
- High concentration in unsecured personal loans (92.3% of AUM)
- Reliance on off-book partnership models for 53.6% of AUM
Key Highlights
AUM expanded 61% YoY to ₹8,001 Cr, driven by a 26% growth in customer base to 12.25 million.
Profit After Tax (PAT) reached ₹95 Cr, up 59% YoY and 16% sequentially from Q4 FY26.
GNPA improved by 139 bps YoY to 2.25%, while NNPA remains low at 0.36%.
Post-IPO Net Worth stands at ₹2,245 Cr (+107% YoY) with a strong CRAR of 40.2%.
Unsecured Personal Loans dominate the mix at 92.3% of AUM (₹7,384 Cr).
👀 What to Watch
Watch for the execution of the secured lending strategy (LAP), which is expected to accelerate from the current 7.7% of AUM, and monitor if GNPA remains stable as the book scales.
59% PAT Growth and ₹8,001 Cr AUM: KISSHT Q1 FY2027 Investor Presentation
KISSHT (OnEMI Technology) reported a strong Q1 FY2027 with Profit After Tax (PAT) rising 59% YoY to ₹95 crore. Assets Under Management (AUM) crossed the ₹8,000 crore milestone, representing 61% YoY growth, driven by its digital-first lending platform. Asset quality remains healthy with GNPA at 2.25%, a 139 bps improvement YoY, while the company maintains a robust Capital Adequacy Ratio of 40.19% following its May 2026 listing. The company is successfully diversifying into secured lending, with Loan Against Property (LAP) now comprising 7.7% of AUM.
Confidence: HIGH
What changedThis is the first major investor presentation post-listing (May 2026), showing a significant capital infusion and continued high-growth momentum in both AUM and profitability.
Why it mattersThe results validate the company's ability to scale its digital lending model while improving asset quality and diversifying into secured assets to reduce risk.
Assets Under Management (AUM): ₹8,001 crProfit After Tax (Q1): ₹95 crGross NPA: 2.25%Capital Adequacy Ratio: 40.19%Return on Avg Equity (RoAE): 21.2%Debt-to-Equity Ratio: 0.91x
📅 Short termThe stock is likely to react positively to the strong AUM growth and high profitability margins reported in the first quarter post-listing.
📈 Long termThe structural shift toward a higher mix of secured LAP (targeting MSMEs) and reduced cost of borrowings could lead to more stable, long-term earnings compounding.
⚠ Risk flags
- High concentration in unsecured personal loans (92.3% of AUM)
- Slight sequential increase in GNPA (13 bps)
- High reliance on off-book lending partners (53.6% of AUM)
Key Highlights
AUM reached ₹8,001 crore, growing 61% YoY and 13% sequentially from March 2026.
Profit After Tax (PAT) grew 59% YoY to ₹95 crore, maintaining a high RoAE of 21.2%.
GNPA improved to 2.25% from 3.64% in June 2025, though it rose 13 bps from March 2026.
Net Worth surged 107% YoY to ₹2,245 crore, significantly lowering Debt-to-Equity to 0.91x.
Secured LAP portfolio grew to ₹617 crore, now representing 7.7% of total AUM versus 2.5% a year ago.
👀 What to Watch
Watch for the continued scale-up of the secured LAP portfolio and whether the company can maintain its 5% RoAAUM as it shifts away from high-yield unsecured personal loans.
KISSHT Appoints Secretarial Auditor for 5-Year Term and Approves Q1 FY27 Results
OnEMI Technology Solutions (KISSHT) approved its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The statutory auditors issued an unmodified opinion, suggesting no major accounting discrepancies were identified during the limited review. Additionally, the board appointed Ms. Ramadevi Satish Venigalla as the Secretarial Auditor for a five-year tenure from FY 2026-27 to FY 2030-31. The meeting was conducted efficiently, lasting exactly one hour from 06:15 p.m. to 07:15 p.m.
Confidence: HIGH
What changedThe company has completed its quarterly financial review and secured long-term secretarial audit oversight through 2031.
Why it mattersRegular financial reporting with unmodified auditor opinions maintains market transparency, while a long-term auditor appointment ensures continuity in governance compliance.
Quarter ended: June 30, 2026Auditor Tenure: 5 yearsMeeting Duration: 1 hourAudit Opinion: Unmodified
📅 Short termThe stock may see routine movement as the market processes the Q1 FY27 financial performance details.
📈 Long termLimited structural impact; the 5-year auditor appointment is a standard governance measure.
Key Highlights
Board approved Unaudited Financial Results for the quarter ended June 30, 2026
Statutory Auditors issued an unmodified opinion on the financial results
Appointment of Ms. Ramadevi Satish Venigalla as Secretarial Auditor for a 5-year term
Secretarial Auditor tenure spans from financial year 2026-27 until 2030-31
Board meeting concluded within 60 minutes (06:15 p.m. to 07:15 p.m.)
👀 What to Watch
Investors should examine the detailed financial statements for Q1 FY27 to evaluate the company's loan book growth and asset quality trends.
OnEMI Technology (KISSHT) Appoints Secretarial Auditor; Reports Q1 Results & ₹850 Cr IPO Fund Status
OnEMI Technology Solutions (KISSHT) approved its Q1 FY27 results with an unmodified audit opinion from Chokshi & Chokshi LLP. The company confirmed that the ₹850 crore raised via its May 2026 IPO has seen zero deviation in fund utilization as of June 30, 2026. Additionally, the board appointed Ms. Ramadevi Satish Venigalla as Secretarial Auditor for a five-year term (FY27-FY31). Subsidiary performance for the quarter was notable, with combined revenues of ₹464.3 crore and a net profit of ₹43.6 crore.
Confidence: HIGH
What changedThe company has formalized its secretarial audit oversight for the next five years and provided the first post-IPO quarterly update on fund utilization.
Why it mattersFor a recently listed credit services firm, maintaining clean audit opinions and transparent fund utilization is critical for building institutional investor trust.
IPO Fresh Issue Amount: ₹8500.00 millionSubsidiary Revenue (Q1 FY27): ₹4643.00 millionSubsidiary Net Profit (Q1 FY27): ₹436.27 millionSecretarial Auditor Term: 5 years
📅 Short termThe stock may react to the Q1 earnings performance; the unmodified audit opinion and clear fund utilization report are positive administrative signals.
📈 Long termThe structural significance lies in the successful deployment of the ₹850 crore capital base to drive loan book growth over the coming years.
Key Highlights
Raised ₹850.00 crore through a fresh issue on May 8, 2026, with no deviations in fund usage reported for Q1.
Subsidiaries reported total revenue of ₹464.30 crore for the quarter ended June 30, 2026.
Consolidated net profit from subsidiaries stood at ₹43.63 crore for the same period.
Ms. Ramadevi Satish Venigalla appointed as Secretarial Auditor for a 5-year term until FY 2030-31.
Statutory auditors issued an unmodified opinion on the standalone and consolidated financial results.
👀 What to Watch
Investors should monitor the quarterly deployment of the ₹850 crore IPO proceeds to ensure capital is being channeled into high-yielding credit assets as planned.
KISSHT Q1 Results: Rs 850 Cr IPO Proceeds Utilized Without Deviation; New Auditor Appointed
OnEMI Technology Solutions (KISSHT) reported its Q1 FY27 results, highlighting the performance of its key subsidiaries which contributed Rs 464.3 crore in revenue and Rs 43.6 crore in net profit. The company confirmed that the Rs 850 crore raised via its IPO on May 8, 2026, has been utilized according to the objects of the issue with zero deviation. Additionally, the board has appointed Ms. Ramadevi Satish Venigalla as the Secretarial Auditor for a five-year term (FY27-FY31). The statutory auditors issued an unmodified opinion on the financial results, indicating no major accounting concerns.
Confidence: HIGH
What changedThe company has completed its first full quarter post-IPO, confirming the deployment of Rs 850 crore in capital and strengthening its governance with a long-term secretarial auditor appointment.
Why it mattersFor a credit services company, the transparent utilization of IPO proceeds is vital for building investor trust and providing the necessary capital to expand its lending book and technology platform.
IPO Proceeds Raised: Rs 850.00 crSubsidiary Revenue (Q1): Rs 464.30 crSubsidiary Net Profit (Q1): Rs 43.63 crDeviation in Fund Use: 0%Auditor Appointment Term: 5 years
📅 Short termThe stock may see neutral to slightly positive sentiment as the company confirms clean fund utilization and steady subsidiary performance following its recent listing.
📈 Long termThe infusion of Rs 850 crore provides a significant capital base for long-term growth in the credit services industry, though structural success depends on maintaining asset quality while scaling.
⚠ Risk flags
- High reliance on subsidiary performance (Si Creva Capital Services)
- Execution risk in deploying large IPO capital effectively
Key Highlights
Raised Rs 850.00 crore through a fresh public issue on May 8, 2026
Subsidiaries reported total revenue of Rs 464.30 crore for the quarter ended June 30, 2026
Subsidiaries generated a net profit after tax of Rs 43.63 crore for the same period
Zero deviation reported in the utilization of IPO proceeds as of June 30, 2026
Appointment of Secretarial Auditor for a 5-year term ending in FY 2030-31
👀 What to Watch
Investors should monitor the full consolidated financial statements to compare Q1 FY27 growth against the March 2026 quarter revenue of Rs 619 crore to assess post-IPO scaling efficiency.
KISSHT Q1 Results: Subsidiary Revenue at Rs 464.3 Cr; No Deviation in Rs 850 Cr IPO Funds
OnEMI Technology Solutions (KISSHT) reported its Q1 FY27 results, highlighting subsidiary revenue of Rs 464.3 crore and a net profit of Rs 43.6 crore. The company confirmed that the Rs 850 crore raised through its fresh IPO issue on May 8, 2026, has seen zero deviation in utilization as of June 30, 2026. Additionally, the board appointed a new Secretarial Auditor for a five-year term starting FY27. These results follow a strong March 2026 quarter where standalone revenue was Rs 619 crore.
Confidence: HIGH
What changedThis filing represents the first full quarterly financial reporting post-IPO and provides a formal status update on the utilization of IPO proceeds.
Why it mattersIt confirms management's adherence to the stated objects of the IPO and provides early performance data for the company's key credit-service subsidiaries.
IPO Fresh Issue: Rs 8500.00 millionSubsidiary Revenue (Q1): Rs 4643.00 millionSubsidiary Net Profit (Q1): Rs 436.27 millionIPO Date: 08-May-26
📅 Short termThe stock is likely to remain stable as the results show steady subsidiary performance and clean compliance regarding IPO fund usage.
📈 Long termThe structural growth will depend on how effectively the Rs 850 crore IPO capital is deployed to scale the credit services business over the coming quarters.
⚠ Risk flags
- Comparative figures for June 2025 were neither audited nor reviewed
- Subsidiary figures are provided before consolidation adjustments
Key Highlights
Subsidiary revenue (before consolidation) stood at Rs 4643.00 million for the quarter ended June 30, 2026
Subsidiary net profit (before consolidation) was Rs 436.27 million for the same period
Total funds raised via fresh IPO issue on May 8, 2026, amounted to Rs 8500.00 million
Zero deviation reported in the utilization of IPO proceeds as confirmed by the monitoring agency
Appointment of Ms. Ramadevi Satish Venigalla as Secretarial Auditor for a 5-year term (FY27-FY31)
👀 What to Watch
Monitor the full consolidated financial statements to assess if the post-IPO growth momentum is sustaining relative to the Rs 619 crore revenue reported in March 2026.
KISSHT Subsidiary Receives AMFI Registration Number (ARN) Valid Until 2029
OnEMI Technology Solutions Limited (KISSHT) has announced that its wholly-owned subsidiary, Invincible Minds Private Limited, received its AMFI Registration Number (ARN) on July 14, 2026. This registration allows the subsidiary to operate as a mutual fund distributor, diversifying the company's fintech offerings. The ARN is valid for a three-year period from July 13, 2026, to July 12, 2029. This follows the recent incorporation of the subsidiary on June 17, 2026.
Confidence: HIGH
What changedThe company's subsidiary has transitioned from a newly incorporated entity to a licensed mutual fund distributor.
Why it mattersThis allows KISSHT to expand its fintech ecosystem beyond lending into wealth management, creating a new stream of non-interest, fee-based revenue.
ARN Validity Start: July 13, 2026ARN Validity End: July 12, 2029Subsidiary Ownership: 100%Incorporation Date: June 17, 2026
📅 Short termNeutral to slightly positive as the market acknowledges the company's expansion into broader financial services.
📈 Long termStructurally positive as it builds a more diversified fintech platform, though the financial impact will depend on the scale of customer acquisition for mutual fund products.
⚠ Risk flags
- Execution risk in a highly competitive mutual fund distribution market
Key Highlights
Wholly-owned subsidiary Invincible Minds Private Limited received ARN on July 14, 2026
Registration is valid for a 3-year term from July 13, 2026, to July 12, 2029
Subsidiary was incorporated on June 17, 2026, showing rapid regulatory progress
Enables the company to enter the mutual fund distribution business
👀 What to Watch
Monitor upcoming quarterly results for updates on the launch of mutual fund distribution services and its impact on fee-based income.
60.9% AUM Growth to ₹8,001 Cr in Q1FY27 for KISSHT (OnEMI Technology)
KISSHT (OnEMI Technology) reported a robust 60.9% YoY growth in Assets under Management (AUM), reaching ₹8,001 Cr as of June 30, 2026. Quarterly disbursements rose 37.1% YoY to ₹3,812 Cr, supported by a 33.1% expansion in the registered user base to 74.60 Mn. A significant strategic shift is visible in the product mix, with Loan Against Property (LAP) increasing to 7.7% of AUM from 2.5% a year ago. The company added 0.50 Mn new customers during the quarter, bringing the cumulative total to 12.25 Mn.
Confidence: HIGH
What changedThe company has significantly scaled its lending operations, growing AUM by over ₹3,000 Cr in one year while aggressively increasing its exposure to secured LAP loans.
Why it mattersThe 60.9% AUM growth indicates strong market penetration in the mass market segment, while the shift toward LAP suggests a strategy to improve portfolio security and potentially increase loan tenures.
AUM (June 30, 2026): ₹8,001 CrAUM Growth (YoY): 60.9%Q1FY27 Disbursements: ₹3,812 CrLAP Portfolio Mix: 7.7%Registered User Base: 74.60 Mn
📅 Short termThe strong provisional growth numbers are likely to be viewed positively by the market in the coming weeks, reflecting high operational momentum.
📈 Long termIf the company successfully manages credit costs while scaling at 60%+, it could structurally re-rate as a major digital-first NBFC; the shift to LAP is a key long-term diversification play.
⚠ Risk flags
- Rapid AUM growth (60.9%) may lead to future asset quality pressure
- Execution risk in scaling the LAP segment
- Provisional data subject to audit
Key Highlights
Assets under Management (AUM) grew 60.9% YoY to ₹8,001 Cr, with a sequential QoQ increase of 13.2%.
Overall disbursements for Q1FY27 stood at ₹3,812 Cr compared to ₹2,780 Cr in the previous year.
Loan Against Property (LAP) portfolio mix increased to 7.7% of AUM, up from 2.5% in June 2025.
Registered user base expanded to 74.60 Mn, representing a 33.1% YoY growth.
Cumulative customers served reached 12.25 Mn, with 0.50 Mn new customers added in Q1FY27.
👀 What to Watch
Investors should monitor the upcoming full quarterly results to assess if this rapid AUM growth is accompanied by stable asset quality (GNPA/NNPA) and how the increased LAP mix impacts net interest margins.
OnEMI Technology (KISSHT) Incorporates New Subsidiary with ₹9 Crore Investment
OnEMI Technology Solutions Limited (KISSHT) has incorporated a Wholly Owned Subsidiary (WOS) named Invincible Minds Private Limited on June 17, 2026. The company is investing ₹9,00,00,000 (₹9 Crores) in cash to subscribe to 90,00,000 equity shares at ₹10 each. This new entity will focus on non-lending business activities and allied financial services, aligning with the strategic expansion plans outlined in the company's prospectus. The incorporation received official certification from the Registrar of Companies, Mumbai, on June 18, 2026.
Key Highlights
Incorporated 'Invincible Minds Private Limited' as a 100% Wholly Owned Subsidiary.
Total cash consideration of ₹9,00,00,000 for 90,00,000 equity shares at face value.
The subsidiary will operate in the Financial Services sector, specifically targeting non-lending activities.
Strategic move to diversify revenue streams as per the company's long-term growth initiative.
Certificate of Incorporation received from the Ministry of Corporate Affairs on June 18, 2026.
👀 What to Watch
Investors should view this as a positive step toward business diversification beyond core lending. Monitor future quarterly results for the subsidiary's operational progress and its impact on consolidated margins.
Kissht FY26 AUM Surges 73% to ₹7,066 Cr; PAT Jumps 75% with Improving Asset Quality
OnEMI Technology Solutions (Kissht) reported a stellar FY26 performance in its first post-listing earnings call, with AUM growing 73% YoY to ₹7,066 crore and PAT rising 75% to ₹281 crore. Asset quality showed marked improvement as GNPA fell to 2.12% from 2.89%, while maintaining a high RoA of 5% and RoE of 24%. The company is successfully diversifying into secured lending (LAP), which now constitutes 7.3% of the total book, supported by a robust capital adequacy of 25.3%.
Key Highlights
AUM grew 73% YoY to ₹7,066 crore, driven by 11.76 million unique customers and a 19% QoQ expansion.
Net Profit (PAT) for FY26 increased 75% YoY to ₹281 crore, with a healthy 86% Provision Coverage Ratio (PCR).
Asset quality improved significantly with GNPA reducing by 77 bps to 2.12% and Net NPA at a low 0.29%.
Secured Loan Against Property (LAP) business scaled to ₹518 crore across 98 branches in 8 states.
Successfully raised ₹850 crore via IPO to further bolster on-book capital and AI technology infrastructure.
👀 What to Watch
Investors should take note of the company's ability to maintain high growth while simultaneously improving asset quality and risk separation. The stock remains a strong play on digital lending with a transition towards a balanced secured-unsecured portfolio.
