India, April 30 -- Lending tech company Kissht's parent OnEMI Technology Solutions' IPO got off to a steady start on the first day of bidding.

As of 14:00 IST, investors placed bids for 79.66 Lakh shares against a total offer size of 3.98 Cr shares on offer, translating to a 20% subscription.

Qualified institutional buyers (QIBs) have been the most bullish on the company's IPO, subscribing their quota by 58%. These investors have bid for 65.50 Lakh shares against 1.13 Cr shares reserved for them as of now.

Non institutional investors (NIIs) subscribed their quota by 7%, placing bids for 5.77 Lakh shares against 85.36 Lakh shares earmarked for them.

Retail individual investors (RIIs) have subscribed their quota the least till now. Thes...