Aye Finance IPO
Open MainLineCurrent GMP
₹0 (0.00%)
Price Band
₹ 122 – 129
Lot Size
116
Issue Size
₹1010 Cr
Minimum Investment
₹14964 (116 Shares)
Listing Date
16 February 2026
Subscription
0.97x
About the Company
Aye Finance Limited
Incorporated in 1993, Aye Finance Limited is a Non-Banking Financial Company (NBFC) focused on providing secured and unsecured working capital loans to micro-scale Micro, Small and Medium Enterprises (MSMEs). The company caters primarily to small business owners by offering customized financing solutions to support business operations and expansion.
Aye Finance provides loans secured by business assets or property to enterprises operating across manufacturing, trading, services, and allied agriculture sectors. Its offerings are designed to meet the diverse funding needs of small businesses with limited access to traditional credit.
As of the latest period, the company serves 586,825 active customers across 18 states and three union territories in India and maintains a significant level of assets under management.
Product Offerings
- Mortgage Loans
- ‘Saral’ Property Loans
- Secured Hypothecation Loans
- Unsecured Hypothecation Loans
Human Resources
The company has demonstrated steady growth in its workforce to support expanding operations. The number of full-time employees engaged in operations in India stood at:
- 10,459 as of the six months ended September 30, 2025
- 8,388 as of the six months ended September 30, 2024
- 9,102 in Fiscal 2025
- 6,825 in Fiscal 2024
- 5,724 in Fiscal 2023
Promoters
- Our Company does not have an identifiable promoter in terms of SEBI ICDR Regulations and the Companies Act 2013
Promoters Holding
Holding Pre Issue
0.00%
Holding Post Issue
0.00%
Objects of the Issue
The Company Aye Finance IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Augmenting our capital base to meet our Company’s future capital requirements arising out of growth of our business and assets
Address / Contact Info
Aye Finance Ltd.
M-5, Magnum House-I,
Community Centre,
Karampura
New Delhi, New Delhi, 110015
Phone: +91 124 484 4000
Email: secretarial@ayefin.com
Website: https://www.ayefin.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 09 February 2026
IPO Close Date
Wednesday, 11 February 2026
Basis of Allotment
Thursday, 12 February 2026
Initiation of Refunds
Friday, 13 February 2026
Credit of Shares to Demat
Friday, 13 February 2026
Listing Date
Monday, 16 February 2026 — NSE & BSE
Important Dates
Open Date
09 February 2026
Close Date
11 February 2026
Basis Of Allotment
12 February 2026
Listing Date
16 February 2026
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|---|
| Assets | 7116.01 | 6338.63 | 5819.05 | 4869.59 | 3126 |
| Revenue | 863.02 | 1504.99 | 717.05 | 1071.75 | 643.34 |
| Profit After Tax | 64.6 | 175.25 | 107.8 | 171.68 | 39.87 |
| Net Worth | 1727.37 | 1658.87 | 1593.17 | 1232.65 | 754.49 |
| Reserve & Surplus | 1689.58 | 1621.08 | 1555.39 | 1192.72 | 724.04 |
| Total Borrowings | 5218.5 | 4526.33 | 4083.1 | 3498.99 | 2296.16 |
EPS Pre
9.14%
EPS Post
5.24%
P/E Pre
14.11
P/E (Post Issue)
24.64x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|
| ROE % | 7.63 | 12.12 | 15.26 | 17.28 | 5.46 |
| ROCE % | 0 | 0 | 0 | 0 | 0 |
| Debt / Equity | 3.02 | 2.73 | 2.56 | 2.84 | 3.04 |
| RoNW % | 3.82 | 12.12 | 7.63 | 17.28 | 5.46 |
| PbW | 0 | 0 | 0 | 0 | 0 |
| Pat Margin % | 0 | 0 | 0 | 0 | 0 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 24836065 | 54.55 | 0 |
| Non-Institutional | 12418032 | 27.27 | 0 |
| BNII | 8278688 | 18.18 | 0 |
| SNII | 4139344 | 9.09 | 0 |
| Retail Investors | 8278688 | 18.18 | 0 |
| Total | 45532785 | 100 | 0 |
Subscription Status ( Wed, 11 Feb 26 01:40 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 24836065 | 37241220 | 1.5x |
| Non-Institutional | 12418032 | 623616 | 0.05x |
| BNII | 8278688 | 176204 | 0.02x |
| SNII | 4139344 | 447412 | 0.11x |
| Retail Investors | 8278688 | 6356452 | 0.77x |
| Total | 45532785 | 44221288 | 0.97x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Aye Finance Ltd | 2 | 0.00 | 9.51 | 9.34 | 12.12 | 90.00 |
| SBFC Finance Ltd | 10 | 27.32 | 3.21 | 3.15 | 11.57 | 29.61 |
| Five-Star Business Finance Ltd | 1 | 12.07 | 36.61 | 36.50 | 18.65 | 214.58 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 116 | 14,964.00 |
| Retail (Max) | 13 | 1,508 | 194,532.00 |
| S-HNI (Min) | 14 | 1,624 | 209,496.00 |
| S-HNI (Max) | 66 | 7,656 | 987,624.00 |
| B-HNI (Min) | 67 | 7,772 | 1,002,588.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- IIFL Capital Services Limited
- Axis Capital Limited
- JM Financial Limited
- Nuvama Wealth Management Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Aye Finance IPO is a Book-building IPO worth ₹1010 crores. The price band is ₹122 to 129 per share. The IPO opens on Mon, Feb 9, 2026 and closes on Wed, Feb 11, 2026. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Aye Finance IPO opens on Mon, Feb 9, 2026 and closes on Wed, Feb 11, 2026
Aye Finance IPO Price Band is ₹122 to 129.
Aye Finance IPO lot size is 116, and the minimum amount required for application is ₹14964.
The minimum investment for Aye Finance IPO is approximately ₹14964 based on the upper price band.
To apply for the Aye Finance IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Feb 11, 2026. After submission, funds are blocked until the basis of allotment of Aye Finance IPO is finalised.
Aye Finance IPO issue size is ₹1010 crores.
Aye Finance IPO allotment date is Sat, Jun 27, 2026.
The registrar for Aye Finance IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Aye Finance IPO through their official website or helpline.