Aye Finance IPO
Aye Finance IPO
Overview
Aye Finance IPO is a book build issue of ₹1,010.00 crores. The issue is a combination of fresh issue of 5.50 crore shares aggregating to ₹710.00 crores and offer for sale of 2.33 crore shares aggregating to ₹300.00 crores. Aye Finance IPO opens for subscription on Feb 9, 2026 and closes on Feb 11, 2026. The allotment for the Aye Finance IPO is expected to be finalized on Feb 12, 2026. Aye Finance IPO will list on BSE, NSE with a tentative listing date fixed as Feb 16, 2026. Aye Finance IPO price band is set at ₹122 to ₹129 per share. The lot size for an application is 116. The minimum amount of investment required by an retail is ₹14,964 (116 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,624 shares), amounting to ₹2,09,496, and for bNII, it is 67 lots (7,772 shares), amounting to ₹10,02,588. Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
7,82,94,572
Issue Size
₹1,010 Cr
Price Band
₹122 – ₹129
Lot Size
116 shares
Min. Investment
₹14,964
Max. Investment
₹1,94,532
Open Date
09 Feb, 2026
Close Date
11 Feb, 2026
Allotment
12 Feb, 2026
Listing
16 Feb, 2026
Max. Investment
₹1,94,532
Announced
09 Feb, 2026
Opening Date
09 Feb, 2026
Closing Date
11 Feb, 2026
Basis of Allotment
12 Feb, 2026
Initiation of Refunds
13 Feb, 2026
Credit of Shares
13 Feb, 2026
Listing Date
16 Feb, 2026
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About Aye Finance IPO
Incorporated in 1993, Aye Finance Limited is an NBFC offers secured and unsecured small business loans for working capital, including mortgage loans, ‘Saral’ Property Loans, secured and unsecured hypothecation loans, primarily to micro-scale MSMEs.
The company is serving 586,825 active customers across
Aye Finance IPO Share Price
Issue Breakdown
Shareholding
Dilution: 28.7% increase in shares
Aye Finance IPO Financial Health
Aye Finance IPO Lot Size
Investors can bid for a minimum of 116 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 116 | ₹14,964 |
| Retail (Max) | 13 | 1508 | ₹1,94,532 |
| S-HNI (Min) | 14 | 1624 | ₹2,09,496 |
| S-HNI (Max) | 66 | 7656 | ₹9,87,624 |
| B-HNI (Min) | 67 | 7772 | ₹10,02,588 |
(All values in CR)
Aye Finance IPO Valuations
| Metric | Value |
|---|---|
| ROE | 7.63 |
| Debt/Equity | 3.02 |
| RoNW | 3.82 |
| Price to Book Value | 1.45 |
(All values in CR)
Aye Finance IPO Strength & Risk
Aye Finance IPO Strengths
Focused NBFC serving micro, small, and medium enterprises with business and working capital loans
Diversified customer base across multiple regions
Track record of revenue and profit growth
Specialized underwriting and risk assessment for underserved borrowers
Backed by well-known institutional investors
Mix of fresh issue and offer for sale broadens investor participation
Aye Finance IPO Risks
Exposure to credit risk and borrower defaults in the MSME segment
Sensitivity to interest rate movements affecting funding costs and margins
Intense competition from banks and other NBFCs
Dependence on data quality and technology systems for underwriting and collections
Regulatory and compliance changes in the financial sector
Offer for sale portion reduces the share of fresh capital for the company
Aye Finance IPO Subscriptions Status
Aye Finance IPO subscribed 0.20 times. The public issue subscribed 0.63 times in the retail category, 0.14 times in QIB (Ex Anchor), and 0.03 times in the NII category by February 11, 2026 11:54:04 AM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 3,56,98,420 | 3,56,98,420 | 460.51 |
| QIB (Ex Anchor) | 0.14 | 2,30,22,509 | 31,90,000 | 41.151 |
| NII | 0.03 | 1,17,44,186 | 3,16,100 | 4.078 |
| bNII (> ₹10L) | 0.01 | 78,29,457 | 71,688 | 0.925 |
| sNII (< ₹10L) | 0.06 | 39,14,729 | 2,44,412 | 3.153 |
| Retail | 0.63 | 78,29,457 | 48,97,056 | 63.172 |
| Total | 0.20 | 4,25,96,152 | 84,03,156 | 108.401 |
Aye Finance IPO GMP
Aye Finance IPO last GMP is ₹0, last updated Feb 11th 2026 11:00 AM. With the price band of 129.00, Aye Finance IPO's estimated listing price is ₹129 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 11 Feb, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 11 Feb, 2026 | 129 | ₹0 | - | ₹129 (0.00%) | - | 11 Feb, 2026 |
| 10 Feb, 2026 | 129 | ₹0 | - | ₹129 (0.00%) | - | 10 Feb, 2026 |
| 09 Feb, 2026 | 129 | ₹0 | - | ₹129 (0.00%) | - | 09 Feb, 2026 |
| 08 Feb, 2026 | 129 | ₹0 | - | ₹129 (0.00%) | - | 08 Feb, 2026 |
| 07 Feb, 2026 | 129 | ₹0 | - | ₹129 (0.00%) | - | 07 Feb, 2026 |
| 06 Feb, 2026 | 129 | ₹0▼ | 0 | ₹129 (0.00%) | - | 06 Feb, 2026 |
| 05 Feb, 2026 | 129 | ₹1▼ | 100/1400 | ₹130 (0.78%) | 116 | 05 Feb, 2026 |
| 04 Feb, 2026 | 129 | ₹5▲ | 400/5600 | ₹134 (3.88%) | 580 | 04 Feb, 2026 |
| 03 Feb, 2026 | 0 | ₹0 | - | ₹ (%) | - | 03 Feb, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Aye Finance IPO
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Go to IPO Section
Find Aye Finance IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.