Aye Finance IPO
Aye Finance IPO — date, price band, lot size & details 2026
Aye Finance listed on 16 Feb 2026 at ₹129, flat to the ₹129 issue price.
Aye Finance IPO is expected to attract good interest from investors as the company focuses on lending to small and micro enterprises across India. It mainly provides business loans to MSMEs that have limited access to formal banking. The IPO aims to raise funds for growth and strengthening capital base. Investors should check financial performance, asset quality, and valuation before applying in this issue.
Stock price
Aye Finance is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
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
Issue summary
The terms of the offer, as filed.
| IPO Dates | 9 to 11 Feb, 2026 |
|---|---|
| Price Band | ₹122 – ₹129 |
| Face Value | ₹2 |
| Lot Size | 116 Shares |
| Issue Size | ₹1010 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 14,964 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 116 shares at the ₹129 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 116 | ₹14,964 |
| Retail (max) | 13 | 1,508 | ₹1,94,532 |
| S-HNI (min) | 14 | 1,624 | ₹2,09,496 |
| S-HNI (max) | 66 | 7,656 | ₹9,87,624 |
| B-HNI (min) | 67 | 7,772 | ₹10,02,588 |
Three years of numbers
All figures in ₹ crore, as reported in the Aye Finance offer document.
| Metric | 30 Sep 2025 | 31 Mar 2025 | 30 Sep 2024 |
|---|---|---|---|
| Revenue | 1,658.87 | 1,593.17 | 1,232.65 |
| OPM % | 45.89 | 41.37 | |
| EBITDA | 715.18 | 568.93 | |
| Net Profit | 1,504.99 | 717.05 | 1,071.75 |
| Debt | 4,526.33 | 4,083.10 | 3,498.99 |
| Assets | 6,338.63 | 5,819.05 | 4,869.59 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Aye Finance RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Aye Finance IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹5.24 |
| P/E Ratio (x) | 24.64 |
| Market Cap at Offer Price (₹ Cr) | ₹37,050.33 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹129 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹725.97 Cr of the issue is earmarked to named objects.
Aye Finance IPO Anchor Investors
19 anchor investors across 16 fund houses committed ₹454.49 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
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.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
+91 124 484 4000
The bankers & the filings
Who is running the book, and the documents this page is built from.
Aye Finance IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Axis Capital
28 issues handledBest listing: Moneyview (+61.8%). Weakest: Clean Max Enviro Energy Solutions (-8.8%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Aye Finance?
The current Grey Market Premium is ₹-5, or -4% over the issue price.
What is the Aye Finance IPO price band?
₹122 to ₹129, on a face value of ₹2.
When is the allotment?
The basis of allotment is 12 February 2026, with listing on 16 February 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
