Aye Finance IPO
GMP, Subscription, Price, Dates & Financial Details
Finance - Nbfc
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…
Open Date
Mon, 09 Feb 2026
Close Date
Wed, 11 Feb 2026
Price Band
₹ 122 – 129
Lot Size
116
Issue Size
₹ 1,010.00 Cr
Minimum Investment
₹ 14,964 (116 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Aye Finance IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹1,010.00 Crore, comprising a fresh issue of 5.50 Crore equity shares aggregating to ₹70.00 Crore and an offer for sale (OFS) of 2.33 Crore equity shares aggregating to ₹300.00 Crore by the existing shareholders.
The Aye Finance IPO remained open for subscription from February 09, 2026, to February 11, 2026. The basis of allotment was finalized on February 12, 2026, and the company's shares were listed on the NSE and BSE on February 16, 2026.
The company had fixed the price band at ₹122 to ₹129 per share, with a lot size of 116 shares. Retail investors were required to make a minimum investment of ₹14,964 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. IIFL Capital Services Limited, Axis Capital Limited, JM Financial Limited, and Nuvama Wealth Management Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Aye Finance Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Aye Finance IPO Timeline (Tentative)
- IPO Open Date
- Mon, 09 Feb 26
- IPO Close Date
- Wed, 11 Feb 26
- Basis of Allotment
- Thu, 12 Feb 26
- Initiation of Refunds
- Fri, 13 Feb 26
- Credit of Shares to Demat
- Fri, 13 Feb 26
- Listing Date
- Mon, 16 Feb 26 — NSE & BSE
Open Date
09 February 2026
Close Date
11 February 2026
Basis Of Allotment
12 February 2026
Listing Date
16 February 2026
IPO Subscription
Check Live Subscription →The Aye Finance IPO has received bids for 4,42,21,288 shares against 4,55,32,785 shares offered, resulting in an overall subscription of 0.97x. the NII category is subscribed 0.05x, Retail Investors 0.77x, and QIBs 1.5x. Within the NII category, BNII is subscribed 0.02x, while SNII is subscribed 0.11x.
QIB
1.5x
NII
0.05x
BNII
0.02x
SNII
0.11x
RII
0.77x
Total
0.97x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 82,78,688 shares, representing 18.18% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 2,48,36,065 shares (54.55%), while Non-Institutional Investors (NIIs) receive 1,24,18,032 shares (27.27%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 24,836,065 | 54.55% |
| Non-Institutional | 12,418,032 | 27.27% |
| BNII | 8,278,688 | 18.18% |
| SNII | 4,139,344 | 9.09% |
| Retail Investors | 8,278,688 | 18.18% |
| Total | 45,532,785 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Aye Finance Limited KPI Information
| Particular | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|
| ROE % | 7.63 | 12.12 | 15.26 | 17.28 | 5.46 |
| Debt / Equity | 3.02 | 2.73 | 2.56 | 2.84 | 3.04 |
| RoNW % | 3.82 | 12.12 | 7.63 | 17.28 | 5.46 |
Peers Comparison
| 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 |
About Aye Finance Limited
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
Aye Finance IPO 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%
Aye Finance IPO Objective
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
Aye Finance Limited Address / Contact Details
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
Aye Finance IPO Lot Size
The Aye Finance IPO has a lot size of 116 shares. Retail investors require a minimum investment of ₹14,964 by applying for 1 lot (116 shares). The maximum application allowed for the retail category is 13 lots (1,508 shares), requiring an investment of ₹1,94,532.
| 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 |
Issue Reservation
- QIB — 54.55%
- NII — 27.27%
- RII — 18.18%
Book Running Lead Managers
- IIFL Capital Services Limited
- Axis Capital Limited
- JM Financial Limited
- Nuvama Wealth Management Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Aye Finance IPO?
Aye Finance IPO is a Book-building IPO with a total issue size of ₹1010 crore. The Aye Finance IPO price band is ₹122 to 129 per share. The Aye Finance IPO subscription opens on Mon, Feb 9, 2026, and closes on Wed, Feb 11, 2026. The Aye Finance IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Aye Finance IPO.
When will the Aye Finance IPO open for subscription?
The Aye Finance IPO opens on Mon, Feb 9, 2026 and closes on Wed, Feb 11, 2026
What is Aye Finance IPO Price Band?
Aye Finance IPO Price Band is ₹122 to 129 per share.
What is Aye Finance IPO Lot Size?
Aye Finance IPO lot size is 116 shares, Retail investors need a minimum investment of ₹14964 based on the upper price band
What is the minimum investment for Aye Finance IPO?
The minimum investment for Aye Finance IPO is ₹14964, based on one lot of 116 shares at the upper price band of ₹129 per share.
How to apply for Aye Finance IPO?
Investors can apply for the Aye Finance IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Feb 11, 2026. The application amount remains blocked until the Aye Finance IPO allotment is finalized.
What is Aye Finance IPO Issue Size?
Aye Finance IPO issue size is ₹1010 crores.
What is the Aye Finance IPO Allotment Date?
Aye Finance IPO allotment date is Thu, Feb 12, 2026.
Who is the Aye Finance IPO Registrar?
The registrar for Aye Finance IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Aye Finance IPO allotment status, refund processing, and other IPO-related information.
Who is the Aye Finance IPO Lead Manager?
The book-running lead managers (BRLMs) for the Aye Finance IPO are IIFL Capital Services Limited, Axis Capital Limited, JM Financial Limited, and Nuvama Wealth Management Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Aye Finance IPO Red Herring Prospectus (RHP).