Aye Finance IPO vs Sri Lotus Developers IPO

Comparison between Aye Finance IPO and Sri Lotus Developers IPO.

IPO Details

Aye Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sri Lotus Developers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aye Finance IPO is up to ₹1,010.00 Cr whereas the issue size of the Sri Lotus Developers IPO is up to ₹792.00 Cr. The final issue price of Aye Finance IPO is ₹129.00 per share and of Sri Lotus Developers IPO is ₹150.00 per share.

 Aye Finance IPOSri Lotus Developers IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹122.00 per share₹140.00 per share
Issue Price (Upper)₹129.00 per share₹150.00 per share
Issue Price (Final)₹129.00 per share₹150.00 per share
Discount (Retail)
Discount (Employee)₹14.00 per share
Market Lot Size116 shares100 shares
Fresh Issue Size5,50,38,759 shares5,28,13,724 shares
Fresh Issue Size (Amount)up to ₹710.00 Crup to ₹792.00 Cr
OFS Issue Size2,32,55,812 shares0 shares
OFS Issue Size (Amount)up to ₹300.00 Crup to ₹0.00 Cr
Issue Size Total7,82,94,571 shares5,28,13,724 shares
Issue Size Total (Amount)up to ₹1,010.00 Crup to ₹792.00 Cr

IPO Timetable

Aye Finance IPO opens on Feb 09, 2026, while Sri Lotus Developers IPO opens on Jul 30, 2025. The closing date of Aye Finance IPO and Sri Lotus Developers IPO is Feb 11, 2026, and Aug 01, 2025, respectively.

 Aye Finance IPOSri Lotus Developers IPO
Anchor Bid DateFeb 06, 2026Jul 29, 2025
Issue OpenFeb 09, 2026Jul 30, 2025
Issue CloseFeb 11, 2026Aug 01, 2025
Basis Of Allotment (Tentative)Feb 12, 2026Aug 04, 2025
Initiation of Refunds (Tentative)Feb 13, 2026Aug 05, 2025
Credit of Share (Tentative)Feb 13, 2026Aug 05, 2025
Listing date (Tentative)Feb 16, 2026Aug 06, 2025
Anchor Lockin End date 1Mar 13, 2026Sep 02, 2025
Anchor Lockin End date 2May 12, 2026Nov 01, 2025

Financials & KPIs

Aye Finance IPO P/E ratio is 14.11, as compared to Sri Lotus Developers IPO P/E ratio of 28.69.

 Aye Finance IPOSri Lotus Developers IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202531 Mar 202530 Sep 202431 Mar 202431 Mar 2023
Assets7,116.016,338.635,819.054,869.593,126.00
Total Income863.021,504.99717.051,071.75643.34
Profit After Tax64.60175.25107.80171.6839.87
NET Worth1,727.371,658.871,593.171,232.65754.49
Reserves and Surplus1,689.581,621.081,555.391,192.72724.04
Total Borrowing5,218.504,526.334,083.103,498.992,296.16
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Sri Lotus Developers & Realty Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 91% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,218.60736.81486.23
Total Income569.28466.19169.95
Profit After Tax227.89119.1416.80
EBITDA288.97158.5520.84
NET Worth932.44169.5648.36
Reserves and Surplus888.93149.6028.32
Total Borrowing122.13428.24328.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.78
Promoter Shareholding (Post-Issue)81.86
P/E Ratio14.1128.69
Market Cap₹3183.52 Cr.₹7330.65 Cr.
ROE12.12%24.39%
ROCE27.22%
Debt/Equity2.730.13
EPS₹9.14₹5.23
RoNW12.12%24.39%

Shares Offered

In the Aye Finance IPO Retail Individual Investors (RII) are offered 78,29,456 shares while in Sri Lotus Developers IPO retail investors are offered 78,29,456 shares. Qualified Institutional Buyers (QIB) are offered 2,34,88,372 shares in Aye Finance IPO and 1,05,33,333 shares in Sri Lotus Developers IPO.

 Aye Finance IPOSri Lotus Developers IPO
Anchor Investor Reservation3,52,32,558 shares1,57,99,999 shares
Market Maker Reservation0 shares0 shares
QIB2,34,88,372 shares1,05,33,333 shares
NII1,17,44,185 shares79,00,000 shares
RII78,29,456 shares1,84,33,334 shares
Employee0 shares1,47,058 shares
Others
Total7,82,94,571 shares5,28,13,724 shares

Bids Received (Subscription)

Aye Finance IPO subscribed 1.04x in total, whereas Sri Lotus Developers IPO subscribed 74.10x.

 Aye Finance IPOSri Lotus Developers IPO
QIB (times)1.62x175.61x
NII (times)0.05x61.82x
Big NII (times)0.02x59.13x
Small NII (times)0.11x67.22x
RII (times)0.81x21.77x
Employee (times)21.37x
Other (times)
Total (times)1.04x74.10x

Compare with others

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Aye Finance IPO Vs Sri Lotus Developers IPO