Aye Finance IPO vs GSP Crop Science IPO

Comparison between Aye Finance IPO and GSP Crop Science IPO.

IPO Details

Aye Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while GSP Crop Science 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 GSP Crop Science IPO is up to ₹400.00 Cr. The final issue price of Aye Finance IPO is ₹129.00 per share and of GSP Crop Science IPO is ₹320.00 per share.

 Aye Finance IPOGSP Crop Science IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹122.00 per share₹304.00 per share
Issue Price (Upper)₹129.00 per share₹320.00 per share
Issue Price (Final)₹129.00 per share₹320.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size116 shares46 shares
Fresh Issue Size5,50,38,759 shares75,00,000 shares
Fresh Issue Size (Amount)up to ₹710.00 Crup to ₹240.00 Cr
OFS Issue Size2,32,55,812 shares50,00,000 shares
OFS Issue Size (Amount)up to ₹300.00 Crup to ₹160.00 Cr
Issue Size Total7,82,94,571 shares1,25,00,000 shares
Issue Size Total (Amount)up to ₹1,010.00 Crup to ₹400.00 Cr

IPO Timetable

Aye Finance IPO opens on Feb 09, 2026, while GSP Crop Science IPO opens on Mar 16, 2026. The closing date of Aye Finance IPO and GSP Crop Science IPO is Feb 11, 2026, and Mar 18, 2026, respectively.

 Aye Finance IPOGSP Crop Science IPO
Anchor Bid DateFeb 06, 2026Mar 13, 2026
Issue OpenFeb 09, 2026Mar 16, 2026
Issue CloseFeb 11, 2026Mar 18, 2026
Basis Of Allotment (Tentative)Feb 12, 2026Mar 20, 2026
Initiation of Refunds (Tentative)Feb 13, 2026Mar 23, 2026
Credit of Share (Tentative)Feb 13, 2026Mar 23, 2026
Listing date (Tentative)Feb 16, 2026Mar 24, 2026
Anchor Lockin End date 1Mar 13, 2026Apr 19, 2026
Anchor Lockin End date 2May 12, 2026Jun 18, 2026

Financials & KPIs

Aye Finance IPO P/E ratio is 14.11, as compared to GSP Crop Science IPO P/E ratio of 15.34.

 Aye Finance IPOGSP Crop Science 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)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets1,491.691,228.50980.341,132.13
Total Income847.611,301.061,158.231,206.05
Profit After Tax81.0781.4255.5417.57
EBITDA138.86164.03130.4181.28
NET Worth529.85450.03370.46363.47
Reserves and Surplus490.84411.02344.46336.00
Total Borrowing321.13295.60235.44324.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.32
Promoter Shareholding (Post-Issue)71.72
P/E Ratio14.1115.34
Market Cap₹3183.52 Cr.₹1488.60 Cr.
ROE12.12%18.38%
ROCE19.80%
Debt/Equity2.730.58
EPS₹9.14₹20.87
RoNW12.12%

Shares Offered

In the Aye Finance IPO Retail Individual Investors (RII) are offered 78,29,456 shares while in GSP Crop Science 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 25,00,000 shares in GSP Crop Science IPO.

 Aye Finance IPOGSP Crop Science IPO
Anchor Investor Reservation3,52,32,558 shares37,50,000 shares
Market Maker Reservation0 shares0 shares
QIB2,34,88,372 shares25,00,000 shares
NII1,17,44,185 shares18,75,000 shares
RII78,29,456 shares43,75,000 shares
Employee0 shares0 shares
Others
Total7,82,94,571 shares1,25,00,000 shares

Bids Received (Subscription)

Aye Finance IPO subscribed 1.04x in total, whereas GSP Crop Science IPO subscribed 1.64x.

 Aye Finance IPOGSP Crop Science IPO
QIB (times)1.62x2.66x
NII (times)0.05x3.14x
Big NII (times)0.02x4.11x
Small NII (times)0.11x1.20x
RII (times)0.81x0.42x
Employee (times)
Other (times)
Total (times)1.04x1.64x

Compare with others

Compare:

Aye Finance IPO Vs GSP Crop Science IPO