Aye Finance IPO Price: ₹122 to ₹129 per share
IPO Dates: 9th February 2026 – 11th February 2026
Company Overview
Incorporated in 1993, Aye Finance Limited is a Non-Banking Financial Company (NBFC) that provides secured and unsecured small business loans to micro-scale MSMEs. The company primarily supports businesses with working capital requirements and expansion needs through customized financial solutions.
It caters to enterprises across manufacturing, trading, services, and allied agriculture sectors, offering loans secured against property or working assets.
Currently, the company serves 5,86,825 active customers across 18 states and 3 Union Territories, with a strong and growing Assets Under Management (AUM) base.
Product Offerings
- Mortgage Loans
- ‘Saral’ Property Loans
- Secured Hypothecation Loans
- Unsecured Hypothecation Loans
Employee Strength
Aye Finance has consistently expanded its workforce to support operations across India:
- Sep 30, 2025 (6 months): 10,459 employees
- Sep 30, 2024 (6 months): 8,388 employees
- FY25: 9,102 employees
- FY24: 6,825 employees
- FY23: 5,724 employees
Competitive Strengths
- Leading lender of small-ticket loans to micro-scale MSMEs
- Comprehensive product portfolio serving a large and underpenetrated market (TAM)
- Strong sourcing capabilities with diversified pan-India presence
- High customer retention rates
- Effective and data-driven underwriting methodology
- Robust multi-tier collection system
- Technology-enabled operations enhancing efficiency and scalability
- Access to diversified funding sources with cost-effective financing
- Experienced management team supported by marquee investors and committed workforce
Bidding Starts In
Aye Finance IPO Specifics:
| IPO Date | 9 to 11 Feb, 2026 |
| Face Value | ₹2 per share |
| Price Band | ₹122 to ₹129 per share |
| Lot Size | 116 Shares |
| Sale Type | Fresh Capital & OFS |
| Total Issue Size | 7,82,94,572 shares (agg. up to ₹1,010 Cr) |
| Fresh Issue | 5,50,38,759 shares (agg. up to ₹710 Cr) |
| Offer for Sale | 2,32,55,813 shares of ₹2 (agg. up to ₹300 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 19,17,45,507 shares |
| Share Holding Post Issue | 24,67,84,266 shares |
Aye Finance IPO Timetable (Important Dates)
| IPO Open Date | Mon, Feb 9, 2026 |
| IPO Close Date | Wed, Feb 11, 2026 |
| Tentative Allotment | Thu, Feb 12, 2026 |
| Initiation of Refunds | Fri, Feb 13, 2026 |
| Credit of Shares to Demat | Fri, Feb 13, 2026 |
| Listing Date | Mon, Feb 16, 2026 |
Aye Finance IPO Lot Size
Bidders have the opportunity to bid for a minimum of 116 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 116 | ₹14,964 |
| Retail (Max) | 13 | 1,506 | ₹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 |
Aye Finance IPO Reservation
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Net Offer |
Aye Finance IPO Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 7,116.01 | 6,338.63 | 5,819.05 | 4,869.59 |
| Total Income | 863.02 | 1,504.99 | 717.05 | 1,071.75 |
| Profit After Tax | 64.60 | 175.25 | 107.80 | 171.68 |
| NET Worth | 1,727.37 | 1,658.87 | 1,593.17 | 1,232.65 |
| Reserves and Surplus | 1,689.58 | 1,621.08 | 1,555.39 | 1,192.72 |
| Total Borrowing | 5,218.50 | 4,526.33 | 40.33 | 3,498.99 |
Key Performance Indicator – Aye Finance IPO
| KPI | Values |
|---|---|
| ROE | 7.63% |
| Debt/Equity | 3.02 |
| RoNW | 3.82% |
| Price to Book Value | 1.45 |
| EPS Rs | 9.14 |
| P/E (x) | 14.11 |
| Market Cap | ₹3,183.52 Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
Kaashika is a social media strategist and financial content creator at Lakshmishree. She specialises in simplifying complex IPO and stock market concepts into clear, easy-to-understand content. Having created over 500+ pieces of financial content across reels, blogs, website posts and digital creatives, Kaashika helps audiences connect with the world of finance in a more accessible and engaging way.
