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( As on 27/04/2026 13:20)

OnEMI Technology announces launch of initial public offering

OnEMI Technology Solutions Ltd. has announced public offering of 54147391 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 170.00 per share. The gross proceeds of the issue are expected to be Rs 92,592.04 lakhs.

The company's initial public offer (IPO) will open on 30 April 2026 and is expected to close on 04 May 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 162.00-171.00 per share.

The IPO includes a fresh Issue of 54147391 Equity Shares of the Company at an price of Rs 171.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 87 shares with bids in multiples of 87.

OnEMI Technology Solutions Ltd. anticipates using the proceeds of the issue for .

Centrum Broking Ltd.,HSBC Securities and Capital Markets (India) Privat,JM Financial Limited,SBI Capital Markets Ltd.,Nuvama Wealth Management Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.