Aye Finance Limited IPO

Mainboard Allotment Out

Offer Date: Feb 9, 2026 - Feb 11, 2026

₹ 14964 /116 Shares

Check Allotment

09 Feb, 2026

Open Date

11 Feb, 2026

Close Date

12 Feb, 2026

Allotment Date

16 Feb, 2026

Listing Date

Expected Premium

+ ₹0-0.35

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Aye Finance IPO Live Subscription Details

View Subscription Details

QIB 1.62x

Retail 0.81x

NIIs 0.05x

BHNI 0.02x

SHNI 0.11x

Retail 0.81x

Total 1.04x

Last updated: 11 Feb 2026, 05:57 PM

Aye Finance IPO Issue Details

Issue Price ₹122-129 per equity share
Face Value ₹2 Per Equity Share
Total Issue Size 7,82,93,574 shares(aggregating up to ₹1010 crore)
Fresh Share 5,50,38,760 shares(aggregating up to ₹710 crore)
Offer For Sale 2,32,55,814 shares(aggregating up to ₹300 crore)
Listing at BSE, NSE
Lead Manager Axis Capital Ltd.
IIFL Capital Services Ltd.
JM Financial Ltd.
Nuvama Wealth Management Ltd.
Registrar Kfin Technologies Ltd.

Market Lot Size

Investors can bid for a minimum of 116 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (min)	1	116	₹14,964
Retail(max)	13	1508	₹1,94,532
SHNI(min)	14	1624	₹2,09,496
SHNI(max)	66	7656	₹9,87,624
BHNI(min)	67	7772	₹10,02,588

Aye Finance IPO Reservation

Aye Finance IPO offers total 78294572 shares. Out of which 23022509 (29.4%) allocated to QIB, 11744186 (15%) allocated to NII,7829457 (10%) allocated to RII, NA (NA%) allocated to employees and 35698420 (45.6%) allocated to Anchor investors.

Investor Category	Shares Offered	Maximum Allottees
Anchor Investor Shares Offered	35698420 (45.6%)
QIB Shares Offered	23022509 (29.4%)
NII (HNI) Shares Offered	11744186 (15%)
bNII > ₹10L	7829457 (10%)
sNII < ₹10L	3914729 (5%)
Retail Shares Offered	7829457 (10%)
Total Shares Offered	78294572 (100%)

Aye Finance IPO Documents

DRHP

RHP

ANCHOR

Aye Finance IPO Details

Aye Finance IPO is a book-built issue of ₹1010 crores, The total issue size is ₹1010 crores. The IPO of Aye Finance is priced at ₹122-129 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Feb 9, 2026 and ends on Feb 11, 2026. The allotment for Aye Finance IPO will be finalized on Feb 12, 2026. Aye Finance IPO will be listed on BSE, NSE, with a tentative listing date fixed as Feb 16, 2026. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Ltd. is the registrar of the issue.

Retail investors can bid for a minimum of 116 shares, extendable to 14,964. S-HNIs will be able to bid for 1624 shares at ₹2,09,496, while B-HNIs can also apply for a bid of 7772 shares at ₹10,02,588. The book-running lead manager for the IPO is/are Axis Capital Ltd., IIFL Capital Services Ltd., JM Financial Ltd., Nuvama Wealth Management Ltd..

The total issue ₹1010 crore, comprising a fresh issue of 5,50,38,760 shares ₹710 crore and having Offer for Sale (OFS) of 2,32,55,814 shares to mop up ₹300 crore.

The Aye Finance IPO sets its price band at 122-129 for each share. A single application for Aye Finance Limited IPO must contain at least 116 shares. Sentiment investors need to invest a minimum of 116 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,964 In order to participate in the sNII, investors must purchase at least 14 lots of 1624 shares for ₹2,09,496, while the bNII requires 67 lots of 7772 shares for an investment of ₹10,02,588.

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	2,30,22,509	1,17,44,186 78,29,457 39,14,729	78,29,457	4,25,96,152
Day 1 09-02-26 05:00 PM	0.14 x	0.01 x 0.00 x 0.03 x	0.28 x	0.13 x
Day 2 10-02-26 05:00 PM	0.14 x	0.02 x 0.00 x 0.04 x	0.50 x	0.17 x
Day 3 11-02-26 05:00 PM	1.62 x	0.05 x 0.02 x 0.11 x	0.81 x	1.04 x

Total No of Applications

43,908

Subscription on the basis of Applications

Retail:0.65x SHNI:0.09x

Aye Finance Valuations

EPS Pre IPO ₹9.14/-

EPS Post IPO ₹5.24/-

P/E Pre IPO 14.11

P/E Post IPO 24.64

ROE 12.12%

Debt/Equity 2.73

RoNW 12.12%

Price to Book Value 1.71

Market Cap. 3185.32 Cr.

Aye Finance Company Financials

In Crs.

In Cr.

	30-Sep-25	31-Mar-25	30-Sep-24	31-Mar-24	31-Mar-23
Assets	7,116.01	6,338.63	5,819.05	4,869.59	3,126.00
Revenue	863.02	1,504.99	717.05	1,071.75	643.34
Profit After Tax	64.60	175.25	107.80	171.68	39.87
Net Worth	1,727.37	1,658.87	1,593.17	1,232.65	754.49
Reserves & Surplus	1,689.58	1,621.08	1,555.39	1,192.72	724.04
Total Borrowing	5,218.50	4,526.33	4,083.10	3,498.99	2,296.16

About Aye Finance Company

Incorporated in 1993, Aye Finance Limited is an NBFC that provides secured and unsecured small business loans for working capital, including mortgage loans, ‘Saral’ Property Loans, secured and unsecured hypothecation loans, mainly to micro-scale MSMEs.The company provides business loans for business expansion, secured by working assets or property, to customers in manufacturing, trading, service, and allied agriculture sectors.

The company is catering to 508,224 active customers across 18 states and three union territories with substantial assets under management.The company operates through a ‘phygital’ approach, integrating personal service through 499 branches across 18 states and three union territories with sophisticated digital capabilities to cater to customers across the country as of September 30, 2024.

Product Offerings:
Mortgage Loans
Saral’ Property Loans
Secured Hypothecation Loans
Unsecured Hypothecation Loans

During the six months ended September 30, 2024 and September 30, 2023, and Fiscals 2024, 2023, and 2022, the company had 8,388, 5,684, 6,825, 5,724, and 4,837 full-time employees.

Aye Finance - Promoter(s)

Pre Issue Share Holding : N/A%

Post Issue Share Holding : N/A%

Aye Finance IPO - Issue Objectives

Aye Finance IPO - Anchor Investors

Aye Finance mops up over Rs 454 crore from 19 anchor investors.

Global firms such as Bay Pond, Ithan Creek Master Investors, Intergrated Core Strategies, Societe Generale, Ashoka India Equity Investment Trust, and BNP Paribas Financial Markets also participated in the anchor book.
Other investors who were part of the anchor books include Abakkus, HDFC Life Insurance, 360 ONE, Turnaround Opportunities Fund, Bank of India MF, and Neo Prime Fund..
Out of the total allocation of 3.52 crore equity shares to the anchor investors, 76.74 lakh equity shares were allocated to 2 domestic mutual funds through a total of 4 schemes.

Aye Finance IPO - Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Revenue(in Cr.)
Aye Finance	N/A	N/A	12.12%	1459
SBFC Finance	N/A	27.32	11.57%	1306
Five-Star Business	N/A	12.07	18.65%	2847

Strength

Diversified MSME Loan Products: Provides both secured and unsecured small-ticket loans, thereby targeting a substantial un-served micro-MSME sector.

Strong Underwriting Capacity: Cluster-based cash flow analysis helps in efficient credit assessment of MSME borrowers.

Strong Collection System: Technology-based multi-tiered collection helps in maintaining disciplined repayment behavior and low delinquency rates.

Weakness

Credit Default Risk: The Company faces the risk of default by borrowers, especially since it lends to micro-scale MSMEs with limited financial information and lower collateral value.

Dependence on Customer & Third-Party Information: The Company relies heavily on information provided by borrowers and third parties; any misleading or incorrect information may affect credit assessment and collateral valuation.

Interest Rate Volatility Risk: Volatility in borrowing rates without a corresponding increase in lending rates may negatively impact net interest income and margins.

Contact Details

Aye Finance

M-5, Magnum House-I, Community Centre, Karampura, New Delhi, New Delhi, 110015

+91 124 484 4000

secretarial@ayefin.com

https://www.ayefin.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

ayefinance.ipo@kfintech.com

https://ipostatus.kfintech.com/

Aye Finance IPO - FAQs

Ans. Aye Finance Limited IPO is a Mainboard IPO. The issue is priced at ₹122-129 per equity share. The minimum order quantity is 116 Shares. The IPO opens on Feb 9, 2026, and closes on Feb 11, 2026. Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Aye Finance Limited IPO opens on Feb 9, 2026 and closes on Feb 11, 2026.

Ans. You can track the real-time subscription numbers using the links below:

Ans. The size of Aye Finance Limited IPO is Total 1,010.00 Cr : #Fresh Issue : 5,50,38,759 shares(aggregating up to ₹710.00 Cr) + #OFS : 2,32,55,813 shares of ₹2(aggregating up to ₹300.00 Cr).

Ans. The Aye Finance Limited IPO price band is set between ₹122-129 per equity share.

Ans. To apply for Aye Finance Limited IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Aye Finance Limited IPO in the List of IPOs
- Press Apply Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Aye Finance Limited IPO is Feb 12, 2026.

Ans. The Aye Finance Limited IPO will be listed on Feb 16, 2026.

Ans. Follow the steps to check the Aye Finance Limited IPO allotment status online.