fintech / news / / Outlook Business
Shares of OnEMI Technology Solutions, the parent company of digital lending platform Kissht, made a strong stock market debut on Friday.
OnEMI Technology Solutions' IPO was subscribed 9.5 times, with QIBs subscribing 24.87 times.
KEY POINTS
- The company raised ₹277.8 crore from anchor investors such as Goldman Sachs and Bandhan Bank.
- Ammar Sdn Bhd sold 11.56 lakh shares in the OFS, raising around ₹19.8 crore.
- The stock hit ₹207.60 on NSE by 11 am, nearly 22% above the IPO issue price.
COMPANIES
Summarized by Newsio from Outlook Business. How we summarize →