New Delhi, May 5 -- OnEMI Technology Solutions IPO Subscription status: The initial public offering (IPO) of OnEMI Technology Solutions Ltd, which operates the digital lending platform Kissht, was subscribed 60% on the second day of bidding on Monday, 4 May.

According to BSE data, the issue received bids for 2,38,94,028 shares against the 3,97,62,250 shares on offer. The Qualified Institutional Buyers (QIBs) segment was subscribed to 1.45 times, while the non-institutional investor portion saw 50% subscription. The Retail Individual Investors (RIIs) category lagged, with a 16% subscription rate.

Earlier, the company had raised Rs.278 crore from anchor investors. The Rs.926-crore IPO is set to close on May 5, with a price band of Rs.162-...