Aye Finance IPO Details
Aye Finance IPO Summary
Aye Finance IPO opens for subscription on 09 Feb 2026 and closes on 11 Feb 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 16 Feb 2026.
Aye Finance IPO price band has been fixed at ₹122 – ₹129 per share. The face value is ₹2 per share with a lot size of 116.
Aye Finance IPO total issue size comprises 7,82,94,574 shares (aggregating up to ₹1010.00 Cr). This includes a fresh issue of 5,50,38,760 shares (aggregating up to ₹710.00 Cr). Offer for Sale consists of 2,32,55,814 shares (aggregating up to ₹300.00 Cr).
Aye Finance IPO carries a ₹-2 (-1.55%) GMP, reflecting investor sentiment.
Aye Finance IPO Lot Size :Retail Minimum is 1 lot (116 shares) amounting to ₹14,964. Retail Maximum is 13 lots (1,508 shares) amounting to ₹194,532. SHNI Minimum is 14 lots (1,624 shares) amounting to ₹209,496. SHNI Maximum is 66 lots (7,656 shares) amounting to ₹987,624. BHNI Minimum is 67 lots (7,772 shares) amounting to ₹1,002,588.
Aye Finance IPO Details
Aye Finance IPO Subscription
Aye Finance IPO Application Wise Breakup (Approx)
Aye Finance IPO Dates
- 09 Feb 2026Opening dateOpen
- 11 Feb 2026Closing dateClose
- 12 Feb 2026Allotment Date Allotment
- 13 Feb 2026Initiation of RefundsRefund
- 13 Feb 2026Credit of SharesCredit
- 16 Feb 2026Listing dateListing
Aye Finance IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 116 | ₹14,964 |
| Retail Maximum | 13 | 1508 | ₹194,532 |
| SHNI Minimum | 14 | 1624 | ₹209,496 |
| SHNI Maximum | 66 | 7656 | ₹987,624 |
| BHNI Minimum | 67 | 7772 | ₹1,002,588 |
Aye Finance IPO Reservation
Promoter Holding
Documents
Aye Finance IPO Valuations
Aye Finance Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|---|
| Assets | 7,116.01 | 6,338.63 | 5,819.05 | 4,869.59 | 3,126.00 |
| Total Income | 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 and 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 |
| Amount in ₹ Crore | |||||
About Aye Finance IPO
Company Overview
Incorporated in 1993, Aye Finance Limited is a non-banking financial company (NBFC) engaged in providing secured and unsecured small business loans to micro-scale MSMEs, primarily for working capital and business expansion requirements.
The Company offers mortgage loans, ‘Saral’ Property Loans, secured hypothecation loans, and unsecured hypothecation loans to enterprises operating across the manufacturing, trading, services, and allied agriculture sectors.
As of the latest period, the Company served 586,825 active customers across 18 states and three union territories, supported by a growing loan portfolio and significant assets under management.
Product Offerings
- Mortgage Loans
- ‘Saral’ Property Loans
- Secured Hypothecation Loans
- Unsecured Hypothecation Loans
In the six months ended September 30, 2025 and September 30, 2024, and in Fiscal 2025, Fiscal 2024, and Fiscal 2023, the Company employed 10,459, 8,388, 9,102, 6,825, and 5,724 full-time employees, respectively, engaged in operations across India.
Strength Of Aye Finance IPO
- Leading small-ticket lender in MSME ecosystem with focus on serving large and untapped market of micro enterprises.
- Comprehensive portfolio of lending products for micro enterprises resulting in high customer retention.
- Strong underwriting method.
- Robust multi-tiered collections capabilities.
- Building resilience through technological prowess.
- Access to diversified lender base and cost-effective financing.
- Experienced and professional management team backed by marquee investors with a committed employee base.
Risk Of Aye Finance IPO
- We are subject to the risk of non-payment or default by our borrowers which may adversely affect our business, results of operations and financial condition. Our Gross NPA ratio has increased from 2.49% as of March 31, 2023 to 4.21% as of March 31, 2025, and was 4.85% as of September 30, 2025.
- Our operations depend on the accuracy and completeness of information provided by our customers and certain third party service providers and our reliance on any erroneous or misleading information may affect our judgement of their creditworthiness, as well as the value of and title to the collateral.
- If we are unable to control the level of Gross Non-Performing Assets / Stage 3 Assets / Net NPAs in our portfolio effectively, or if we are unable to maintain adequate provisioning coverage, or if there is any change in regulatorily mandated provisioning requirements, our financial condition and results of operations may be adversely affected.
- In the six months ended September 30, 2025 and September 30, 2024 and Fiscals 2025, 2024 and 2023, unsecured loans comprised 37.97%, 41.47%, 39.68%, 37.91% and 30.26% of our total assets under management, respectively. If we are unable to recover such receivables in a timely manner or at all, our business, results of operations, cash flows and financial condition may be adversely affected.
- We have experienced negative cash flows from operating activities in the past. Any negative cash flows in the future would adversely affect our cash flow requirements, which may adversely affect our ability to operate our business and implement our growth plans, thereby affecting our financial condition.
- Our business is vulnerable to interest rate risk. In the six months ended September 30, 2025 and September 30, 2024 and in Fiscals 2025, 2024 and 2023, our interest income accounted for 85.03%, 89.29%, 88.10%, 88.52% and 88.05% of our total income, respectively. Volatility in interest rates could have an adverse effect on our net interest income and net interest margin, thereby affecting our results of operations and cash flows.
- We require substantial capital for our business and any disruption in our sources of capital could have an adverse effect on our business, results of operations, cash flows and financial condition.
- We may not be able to sustain or manage our growth or execute our growth strategy. If we fail to increase our operational efficiency, we may have higher operating costs and lower profitability and cash flows or operate our business effectively.
- We are subject to various covenants and obligations under our financing arrangements. Inability to meet our obligations could adversely affect our business, results of operations, cash flows and financial condition.
- We may face asset-liability mismatches, which could affect our liquidity and consequently, may adversely affect our operations and profitability.
Objectives Aye Finance IPO
To be announced
Company 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/
Registrar Contact Details
Aye Finance FAQs
The Aye Finance IPO is a MAINBOARD public issue comprising 78294574 equity shares with a face value of ₹2 each, aggregating to a total issue size of ₹1010.00 Cr. The issue price has been fixed at ₹129 per equity share, and the minimum application size is 116 shares.
The IPO opens for subscription on 09 Feb 2026, and closes on 11 Feb 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹-2 (-1.55%).
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