IPO Listed — 16 Feb 2026
Listing Price: ₹129
Aye Finance IPO GMP History | Listing Price ₹129 & Kostak Rate
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.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 16 Feb 2026 | ₹ -5 | -4% | ₹ 0 | ₹ 0 | |
| 14 Feb 2026 | ₹ -4 | -3% | ₹ 0 | ₹ 0 | |
| 13 Feb 2026 | ₹ -4 | -3% | ₹ 0 | ₹ 0 | |
| 12 Feb 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 11 Feb 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 10 Feb 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 09 Feb 2026 | ₹ 1 | 1% | ₹ 0 | ₹ 0 | |
| 08 Feb 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 07 Feb 2026 | ₹ 1 | 1% | ₹ 0 | ₹ 100 | |
| 06 Feb 2026 | ₹ 1 | 1% | ₹ 0 | ₹ 0 | |
| 05 Feb 2026 | ₹ 4 | 3% | ₹ 0 | ₹ 0 | |
| 04 Feb 2026 | ₹ 12 | 9% | ₹ 0 | ₹ 0 |
Aye Finance IPO Dates
| Event | Date |
|---|---|
| Open Date | 09 Feb, 2026 |
| Close Date | 11 Feb, 2026 |
| Allotment Date | 12 Feb, 2026 |
| Refund Date | 13 Feb, 2026 |
| Credit to Demat | 13 Feb, 2026 |
| Listing Date | 16 Feb, 2026 |
Aye Finance IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹129 |
| GMP-Based Estimate (Pre-Listing) | ₹124 (-3.9%) |
| Actual Listing Price | ₹129 (+0%) |
| Listing Gain / Loss | +₹0 per share |
| Listing Date | 16 Feb, 2026 |
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:
- Subscription 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?
- Timing 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.
- Grey 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.
- Cross-check before acting: Review the Aye Finance IPO full review for a fundamentals-based assessment before making any grey market trades.
Aye Finance IPO IPO Kostak Rate Explained
The Kostak rate for Aye Finance IPO was not active during the subscription period, as no grey market premium was established. 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 active 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
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 Questions about Aye Finance IPO
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 : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
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 : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
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
For a complete picture before making your investment decision, explore these resources:
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