Aye Finance
CLOSEDIPO Date: 9 Feb - 11 Feb 2026
Listing Date: 16 Feb 2026
Price Range
Rs.122 - Rs.129
Issue Size
1010 Cr
Min Investment
₹14,152
Lot Size
116 Shares
Schedule of Aye Finance
Issue open date
9 Feb 2026
Issue close date
11 Feb 2026
UPI mandate deadline
11 Feb 2026 (5 PM)
Allotment finalization
12 Feb 2026
Share credit
13 Feb 2026
Listing date
16 Feb 2026
Mandate end date
26 Feb 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 1010 Cr |
| Fresh Issue | 710 Cr |
| Offer for Sale | 300 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 12 Feb 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 15 Feb 2026 | ₹129 | ₹-3 | ₹126 (-2.33%) |
| 14 Feb 2026 | ₹129 | ₹-3 | ₹126 (-2.33%) |
| 13 Feb 2026 | ₹129 | ₹-3 | ₹126 (-2.33%) |
| 10 Feb 2026 | ₹129 | ₹0 | ₹129 (0%) |
| 8 Feb 2026 | ₹129 | ₹0 | ₹129 (0%) |
| 7 Feb 2026 | ₹129 | ₹0 | ₹129 (0%) |
| 6 Feb 2026 | ₹129 | ₹0 | ₹129 (0%) |
| 5 Feb 2026 | ₹129 | ₹1 | ₹130 (0.78%) |
| 4 Feb 2026 | ₹129 | ₹5 | ₹134 (3.88%) |
| 3 Feb 2026 | ₹129 | ₹0 | ₹129 (0%) |
Performance Aye Finance
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.122 - Rs.129 | .... | ₹ 100.05 | -22.44% |
About Aye Finance
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 offers business loans for business expansion, secured by working assets or property, to customers in manufacturing, trading, service, and allied agriculture sectors. The company is serving 586,825 active customers across 18 states and three union territories with significant assets under management.
| Founded in | 1993 |
| Managing director | Sanjay Sharma |
| Parent organization |
Financial Overview
Strengths
- Strong focus on underserved micro-MSMEs with tailored credit products.
- Pan-India branch network enabling deep semi-urban and rural penetration.
- Proprietary credit assessment built for informal and thin-file customers.
- Granular loan book with small ticket sizes, reducing concentration risk.
- Consistent AUM growth supported by scalable operating model.
Risks
- High exposure to micro-enterprises makes the portfolio sensitive to economic stress.
- Unsecured and semi-secured loans increase credit and collection risk.
- Business is highly dependent on continuous access to borrowing sources.
- Asset quality may deteriorate due to borrower cash-flow volatility.
- Regulatory changes for NBFCs could impact capital and operating flexibility.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.5 |
| Non-Institutional Investors (NIIs) | 0.05 |
| Retail Individual Investors (RIIs) | 0.76 |
| Employee | N/A |
| Total | 0.97 |