Aye Finance IPO

Aye Finance IPO is listed on BSE and NSE, priced at ₹122–₹129 per share. The stock debuted at ₹129 with a flat listing performance. The IPO had a lot size of ₹116 shares and a minimum investment of ₹14,964.

Aye Finance Limited IPO

Mainboard Listed
₹14,964 (116 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 9, 2026 – Feb 11, 2026
Price band
₹122-129 per equity share
Minimum Investment
₹14,964
Issue size
₹1010 Cr
Lot size
116
Allotment Date
Feb 12, 2026
Listing
Feb 16, 2026
Listing At
BSE, NSE

IPO timeline

  1. Feb 9, 2026

    Open Date

    Completed

  2. Feb 11, 2026

    Close Date

    Completed

  3. Feb 12, 2026

    Allotment Date

    Completed

  4. Feb 16, 2026

    Listing Date

    Completed

Price Summary

Last closing
132.00 (2.33%)
52 week high
161.38
52 week low
88.22
Last update

Aye Finance IPO 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

Aye Finance IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Aye Finance IPO Essentials

Aye Finance IPO Details

Aye Finance IPO is priced at ₹122-129 per share with a total issue size of 1010 crore. The IPO has a lot size of 116 shares and is listed on BSE and NSE.

Issue price
₹122-129 per equity share
Lot size
116 shares
Face value
₹2 Per Equity Share
Issue size
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)
Total issue size
7,82,93,574 shares
(aggregating up to ₹1010 crore)
Fresh issue
5,50,38,760 shares
(aggregating up to ₹710 crore)
Offer for sale (OFS)
2,32,55,814 shares
(aggregating up to ₹300 crore)
Listing at
BSE, NSE
List price
129.0(NSE)
Listing date
Registrar
Kfin Technologies Ltd.
Lead manager
Axis Capital Ltd., IIFL Capital Services Ltd., JM Financial Ltd., Nuvama Wealth Management 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
sHNI(min) 67 7772 ₹10,02,588

Aye Finance IPO Documents

Aye Finance IPO Reservation

Aye Finance IPO reservation details show category-wise allocation of shares. Out of the total 78294572 shares, approximately 29.4% are reserved for QIB, 15% for NII, 10% for retail investors, and 45.6% for 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%)
bHNI > ₹10L 7829457 (10%) 4,821
sHNI < ₹10L 3914729 (5%) 2,411
Retail Shares Offered 7829457 (10%) 67,495
Total Shares Offered 78294572 (100%)

Aye Finance IPO Analytics

Aye Finance IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Aye Finance IPO Subscription Status

Aye Finance IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.04x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
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
0.01x
0.00x
0.03x
0.28 x 0.13 x
Day 2 10-02-26 05:00 PM
0.14 x
0.02x
0.00x
0.04x
0.50 x 0.17 x
Day 3 11-02-26 05:00 PM
1.62 x
0.05x
0.02x
0.11x
0.81 x 1.04 x
Total No. of Applications
bHNI sHNI Retail
43908 (Approx) 0x 0.09x 0.65x

Aye Finance Valuations

Earnings

EPS Pre IPO
₹9.14/-
EPS Post IPO
₹5.24/-
P/E Pre IPO
14.11
P/E Post IPO
24.64

Returns

ROE
12.12%
RoNW
12.12%

Fundamentals

Debt / Equity
2.73
Price / Book
1.71
Market Cap
3185.32 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Aye Finance Financials( In Crs.)

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

Aye Finance Company & Offer Insights

About Aye Finance

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 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

Aye Finance IPO - Strengths and Risks

Aye Finance IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

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.

Risks

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 Information

Contact Details

Aye Finance

+91 124 484 4000

secretarial@ayefin.com

https://www.ayefin.com/

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

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

ayefinance.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

Aye Finance IPO is a book-built IPO worth ₹1010 crore. The price band is ₹122–₹129 per share. The IPO opens on Feb 9, 2026 and closes on Feb 11, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.

The price band of Aye Finance IPO is ₹122 to ₹129 per share.

The lot size of Aye Finance IPO is 116 shares.

The minimum investment for Aye Finance IPO is approximately ₹14,964 based on the upper price band .

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

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

Aye Finance IPO is expected to be listed on Feb 16, 2026, on BSE and NSE .

Aye Finance IPO listed on Feb 16, 2026. It was issued at ₹129.0(NSE) and is currently around ₹132.00 as on 14-May-2026 3:30 PM, which is approximately 2.3% versus issue price. The 52-week high is ₹161.38.

Based on listing and post-listing performance, Aye Finance IPO delivered around 2.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Aye Finance IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Aye Finance IPO valuation snapshot: P/E 24.64, EPS ₹5.24/-, P/B 1.71, RoNW 12.12%, and market cap 3185.32 Cr.

To apply for Aye Finance IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Aye Finance IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Aye Finance IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Aye Finance IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aye Finance IPO allotment status on IPO Ji for quick and easy access.