Aye Finance IPO Details
The key details of Aye Finance’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹1,010 Crores |
| Price Range | ₹122 - ₹129 |
| Retail Quota | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 116 |
| Investment (cut-off price) | ₹14,964 |
| Pre IPO Promotor Holding | Update soon |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Aye Finance IPO Timelines
The IPO process for Aye Finance includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
09/02/2026
Start Date11/02/2026
End Date13/02/2026
Refund Initiation13/02/2026
Credit of Shares to Demat Ac16/02/2026
Listing DateAye Finance IPO Lot Size
The Aye Finance IPO has a fixed lot size of 116 shares, at an upper price band of ₹129 per share. For retail investors, the minimum application is 116 shares (1 lot) amounting to ₹14,964, while the maximum is 1,508 shares (13 lots) worth ₹1,94,532. For Small HNI (S-HNI) investors, the minimum application is 1,624 shares (14 lots) worth ₹2,09,496, while the maximum is 7,656 shares (66 lots) amounting to ₹9,87,624. Big HNI (B-HNI) investors need to apply for at least 7,772 shares (67 lots), totaling ₹10,02,588.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 116 | ₹14,964 |
| Retail Maximum | 13 | 1508 | ₹1,94,532 |
| S-HNI Minimum | 14 | 1624 | ₹2,09,496 |
| S-HNI Maximum | 66 | 7656 | ₹9,87,624 |
| B-HNI Minimum | 67 | 7772 | ₹10,02,588 |
Aye Finance IPO Subscription Status
The subscription status for Aye Finance IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Aye Finance IPO Company Financials
Aye Finance reports robust performance in FY2025 with Total Income of ₹1,504.99 crores, managing expenses at ₹1279.98 crores, and achieving a strong PAT (Profit After Tax) of ₹175.25 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹643.34 | ₹571.94 | ₹39.87 |
| FY 2024 | ₹1,071.75 | ₹843.89 | ₹171.68 |
| FY 2025 | ₹1,504.99 | ₹1279.98 | ₹175.25 |
| FY 2026 (6 M) | ₹863.02 | ₹780.44 | ₹64.60 |
About Company
Incorporated in 1993, Aye Finance Limited is a non banking financial company focused on providing secured and unsecured small business loans for working capital needs. The lending portfolio supports micro scale MSMEs across manufacturing, trading, services, and allied agriculture, with financing designed for business expansion and growth through asset backed or property backed structures. Operations span 18 states and three union territories, serving 586,825 active customers with a strong base of assets under management.
Product offerings include mortgage loans, Saral Property Loans, secured hypothecation loans, and unsecured hypothecation loans tailored to diverse business requirements. Workforce strength expanded steadily, with full time employees numbering 10,459 as of the six months ended September 30, 2025, compared with 8,388 for the same period in 2024, and 9,102, 6,825, and 5,724 employees across fiscals 2025, 2024, and 2023, reflecting scale up in operations across India.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1993 | Banking | Sanjay Sharma |
Know Before Investing
Aye Finance IPO Strengths
- Aye Finance targets underserved micro and small enterprises with collateral-free loans using proprietary credit assessment models that leverage alternative data sources beyond traditional financial statements.
- Extensive physical branch network of ~500 locations combined with digital underwriting enables nationwide reach while maintaining personalized relationship banking for semi-formal businesses.
- Achieved positive profitability with RoA targeting 5%+ and healthy RoE, positioning well among NBFC peers for sustainable growth funding.
- Advanced data analytics, machine learning credit scoring, and collection algorithms optimize portfolio quality and operational efficiency versus traditional lenders.
- Branch-led customer acquisition with centralized digital processing creates operating leverage as portfolio scales without proportional cost increases.
- Seasoned leadership with domain expertise in MSE financing, technology implementation, and regulatory navigation supports execution during growth phase.
Aye Finance IPO Risks
- Small ticket loans to informal businesses face higher delinquency risks during economic slowdowns or regional disruptions.
- NBFC-ICC classification exposes business to evolving RBI risk weights, liquidity coverage, and fair practices code amendments.
- Borrowing costs tied to benchmark rates impact net interest margins during monetary tightening cycles.
- Significant portfolio exposure to specific states increases vulnerability to localised economic shocks or agricultural distress cycles.
- Field collections remain labor-intensive; any breakdown in recovery mechanisms rapidly deteriorates portfolio health.
- Depends on limited banks/NCD investors creates refinancing vulnerability during market stress or credit rating downgrades.
- Digital platform scalability, cybersecurity threats, and data privacy compliance demand continuous technology investment.
Swot Analysis for Aye Finance IPO
Strengths
Cluster-Based Underwriting, Diversified Portfolio, Strong Backing
Weaknesses
Asset-Liability Mismatch, Unsecured Lending Exposure, High Operating Leverage
Opportunities
MSME Credit Gap, Government MSME Push, Data Network Effects
Threats
Interest Rate Sensitivity, Regulatory Tightening, Economic Downturns
Company 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/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: ayefinance.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of Aye Finance IPO are:
- BRLMs fees and commissions (including underwriting commission, brokerage and selling commission)
- Commission/ processing fee for SCSBs and Bankers to the Offer and fees payable to the Sponsor Bank(s) for Bids made by UPI Bidders. Brokerage, selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs
- Fees payable to the Registrar to the Offer
- Fees payable to advisors, consultants and other parties to the Offer
- Statutory Auditor
- Independent Chartered Accountant
- CRISIL
- Fee payable to legal counsels
- Others
- Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses
- Printing and stationery
- Advertising and marketing expenses
- Miscellaneous
Axis Capital Ltd., IIFL Capital Services Ltd., JM Financial Ltd., Nuvama Wealth Management Ltd. are the book-running lead managers for the Aye Finance IPO.
Aye Finance’s growth potential is driven by strong demand for small ticket credit among micro businesses in tier two and tier three cities. Its cluster based underwriting model, expanding loan book, diversified funding sources, and high repeat borrowing base support scalable growth in the underserved SME lending market.
The issue price for the Aye Finance IPO is set between ₹122 to ₹129 per share.
To invest in one lot of Aye Finance IPO, you need ₹14,152 at the lower price band (₹122 per share) or ₹14,964 at the upper price band (₹129 per share) for a lot size of 116 shares.
Aye Finance IPO shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on February 16, 2026.
Refund/unblocking of funds for Aye Finance IPO will begin on February 13, 2026. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Aye Finance IPO shares on listing day (February 16, 2026) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.