OnEMI fixes Rs 162-171 price band for IPO

Mumbai: Temasek Holdings-backed OnEMI Technology Solutions, which operates digital lending platform Kissht, has fixed a price band of '162-171 per share for its '926 crore initial public offering (IPO). The issue will remain open for subscription from April 30 to May 5.

The IPO comprises a fresh issue of '850 crore and an offer for sale (OFS) worth Rs 75.92 crore.

JM Financial, HSBC Securities and Capital Markets (India), Nuvama Wealth Management, SBI Capital Markets and Centrum Broking are the book-running lead managers to the issue.