New Delhi, April 30 -- OnEMI Technology Solutions Ltd, which runs the digital lending platform Kissht, is set to open for subscription from April 30 to May 5. OnEMI Technology Solutions IPO price band has been established at Rs.162-171, which places the company's valuation at nearly Rs.2,900 crore at the highest price point.

The minimum lot size is set at 87 equity shares, requiring a minimum investment of Rs.14,877 for retail investors at the upper price band.

Approximately 50% of the offering is allocated for qualified institutional buyers (QIBs), 35% for retail investors, and the remaining 15% for non-institutional investors (NIIs). Established in 2016, Kissht specializes in providing digital credit solutions aimed at young consumers...