Kissht IPO Sachin Tendulkar Investment: The IPO of OnEMI Technology Solutions Ltd, which operates the digital lending platform Kissht, has opened for subscription. The three-day IPO subscription window will close on May 5, 2026.

Start cricketer Sachin Tendulkar is one of the investors in OnEMI Technology. He is staring at a loss as the IPO price band is below his acquisition cost.

Kissht has fixed the IPO price band at Rs 162 to Rs 171.

Kissht IPO Sachin Tendulkar Investment

According to the RHP of Kissht, the company had entered into a three-year 'Services Agreement' with Sachin Tendulkar in December 2024. The deal involved both cash and equity.

The cash component was Rs 6 crore, while the equity component involved 53,778 Series Z4 CCPS, with allotments in three tranches in 2025.

In July 2025, the company had undertaken a stock split corporate action. Post this, the total number of preference shares was converted into 5,37,780 shares.

Kissht IPO Sachin Tendulkar Investment

As per data, Sachni Tendulkar's average acquisition price per share is Rs 223.20, which is much higher than the upper price band of the IPO -- Rs 171. Sachin Tendulkar's acquisition price is 30 per cent above the IPO level.

It is worth mentioning here that early-stage venture capital funds and institutional investors were allotted shares at a lower rate. But the same was not in the case of Sachin Tendulkar.

Alteria Capital Fund acquired shares of Kissht at Rs 201.79. Vertex Growth Fund got the shares at Rs 141.52, while Sistema Asia Fund secured the equities at Rs 69.97. VenturEast Proactive Fund's cost of acquisition was just Rs 16.

Kissht IPO GMP

Meanwhile, Kissht shares are commanding a poor premium in the grey market. According to the latest data available, Kissht shares are trading at a thin premium of just Rs 4 above the upper price of Rs 171.

Airtel Money IPO: Airtel Africa plans to list mobile money business