Aye Finance IPO GMP History
Aye Finance IPO has been listed on February 16, 2026 at a listing price of ₹129, against the issue price of ₹129 — a gain of ₹0 (+0%). The GMP peaked at ₹12 on 4 February 2026 and reached a low of ₹-5 on 16 February 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Aye Finance IPO raised ₹1010 Cr. through its IPO at a price band of ₹122 to ₹129 per share, with a lot size of 116 shares. The IPO was open for subscription from 09 Feb 2026 to 11 Feb 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 3 Sep, 2:37 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 16 Feb 2026 | ₹ -5 | ▼ | -4% | — | — |
| 14 Feb 2026 | ₹ -4 | — | -3% | — | — |
| 13 Feb 2026 | ₹ -4 | ▼ | -3% | — | — |
| 12 Feb 2026 | ₹ 0 | — | -- | — | — |
| 11 Feb 2026 | ₹ 0 | — | -- | — | — |
| 10 Feb 2026 | ₹ 0 | ▼ | -- | — | — |
| 09 Feb 2026 | ₹ 1 | ▲ | 1% | — | — |
| 08 Feb 2026 | ₹ 0 | ▼ | -- | — | — |
| 07 Feb 2026 | ₹ 1 | — | 1% | — | ₹ 100 |
| 06 Feb 2026 | ₹ 1 | ▼ | 1% | — | — |
| 05 Feb 2026 | ₹ 4 | ▼ | 3% | — | — |
| 04 Feb 2026 | ₹ 12 | — | 9% | — | — |
Aye Finance IPO dates
Key dates from opening to listing. Today is 3 October.
- Open 09 Feb 2026
- Close 11 Feb 2026
- Allotment 12 Feb 2026
- Refund/credit 13 Feb 2026
- Listing 16 Feb 2026
Aye Finance IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹129 |
|---|---|
| GMP-based estimate (pre-listing) | ₹124 (-3.9%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 16 Feb, 2026 |
| Actual listing price | ₹129 (+0%) |
Is Aye Finance IPO GMP reliable?
Grey market premium for Aye Finance IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Aye Finance IPO full review for a fundamentals-based assessment before making any grey market trades.
Aye Finance IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Aye Finance IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Aye Finance IPO
Aye Finance Limited was originally incorporated in 1993 as Doda Finance Private Limited and later rebranded in 2014 after a change in ownership led by key stakeholders including Sanjay Sharma. Over time, the company transitioned into a professionally managed non-banking financial company (NBFC) without a single identifiable promoter. Headquartered in Delhi, it has expanded its presence across India, focusing on serving underserved micro and small enterprises. The company has built a strong foundation by leveraging technology-driven underwriting and deep understanding of local business ecosystems.
The company primarily provides secured and unsecured business loans to micro-scale MSMEs for working capital and expansion needs. Its product offerings include small-ticket loans, mortgage-backed loans and property-based financing tailored to businesses in manufacturing, trading and services sectors. Aye Finance follows a cluster-based lending model, targeting businesses that are often excluded from traditional banking channels. Its business model is built on scalable lending operations, risk assessment through data analytics, and maintaining a diversified loan portfolio to ensure steady growth.
Frequently asked
What is the GMP of Aye Finance IPO?
The current Grey Market Premium (GMP) of Aye Finance IPO is ₹ -5.
What is the Kostak Price of Aye Finance IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Aye Finance IPO is not available.
What is the Subject to Sauda Price of Aye Finance IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Aye Finance IPO?
Aye Finance IPO listed on February 16, 2026 at ₹129, against the issue price of ₹129 — a gain of +0%.
How did the GMP of Aye Finance IPO trend before listing?
The GMP of Aye Finance IPO was falling in its final days before listing. The GMP peaked at ₹12 on 4 February 2026. View the day-wise table above for the complete GMP history.
Explore Aye Finance IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
