Kispo ipo: Fintech platform installment owner Onmi Technology Solutions is bringing its IPO. The company has submitted draft papers with the Capital Market Regulator SEBI. According to the filing, new equity shares worth Rs 1000 crore will be issued in this IPO. Also, there will be an offer for sale (offs) of 88.8 lakh shares from existing investors. Onmi Technology can raise Rs 200 crore through pre-IPO placement. If this happens, the size of the issue of new shares in the IPO will be reduced.
Promoters Ranveer Singh and Krishnan Vishwanathan have a total of 30.89 percent stake in the company. At the same time, investors such as Anda Trust, Venturerist and Aion Advisory hold 46.33 percent stake. All these investors will keep the shares for sale in the OSS. The installment is a digital lending platform.
How to use IPO money
Onmi Technology will use Rs 750 crore out of the money to be received by releasing new shares in its IPO to invest in a subsidiary C Crava. The rest of the money will be for normal corporate purposes. JM Financial, HSBC Securities, Nuwama Wealth, SBI Capital Markets and Centrum Capital have been appointed Merchant Bankers for this IPO.
Financial health of the company
Onmi Technology Solutions started in 2016. It has more than 19 lakh active customers. By March 2025, the company’s AUM (Assets Under Management) was Rs 4086.6 crore. The figure was Rs 2604.2 crore a year ago. In FY 2025, the company’s profit declined by 18.6 percent to Rs 160.6 crore. At the same time, the revenue fell 20.1 percent to Rs 1337.5 crore.
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