Aye Finance Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹-3(-2.33%)
Premium (ELP)
The public market debut of Aye Finance Limited's was completed on Feb 16, 2026 with its listing on the NSE, BSE exchange. The IPO process raised 7,82,94,572 Shares in total capital, consisting of 5,50,38,759 Shares in new equity and ₹300.00 Cr in existing share sales through the OFS route.
The offering featured a price range of ₹122 to ₹129 and minimum application size of 116 shares. Investor response during the subscription period from Feb 09, 2026 to Feb 11, 2026 influenced the final allotment ratios across investor categories.
Final allotment was announced on Feb 12, 2026, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1993, Aye Finance Limited is a non-banking financial company (NBFC) focused on providing secured and unsecured small business loans to micro-scale MSMEs, primarily offering working capital and business expansion loans secured against property or working assets to enterprises in the manufacturing, trading, services, and allied agriculture sectors. As of September 30, 2024, the company serves 508,224 active customers across 18 states and three Union Territories, supported by a strong on-ground presence and a growing loan portfolio, while operating under a phygital business model that combines personalized branch-led services through 499 branches with digital lending capabilities to enable efficient nationwide outreach.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diversified MSME Loan Products: Provides secured and unsecured small-ticket loans to an under-served micro-MSME segment.
- Strong Underwriting Capability: Cluster-based cash flow analysis supports effective credit assessment.
- Robust Collection Framework: Technology-driven, multi-layered collections ensure disciplined repayments and low delinquencies.
- Credit Default Risk: Lending to micro-MSMEs with limited financial records and collateral exposes the company to potential defaults.
- Reliance on Borrower & Third-Party Data: Inaccurate or misleading information may affect credit assessment and collateral valuation.
- Interest Rate Volatility Risk: Changes in borrowing costs without corresponding lending rate adjustments may impact net interest income and margins.
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