Bookbuilding IPO | ₹1,010 Cr | Listing at BSE, NSE
Aye Finance IPO is a book build issue of ₹1,010.00 crores. The issue is a combination of fresh issue of 5.50 crore shares aggregating to ₹710.00 crores and offer for sale of 2.33 crore shares aggregating to ₹300.00 crores.
Aye Finance IPO bidding started from Feb 9, 2026 and ended on Feb 11, 2026. The allotment for Aye Finance IPO was finalized on Feb 12, 2026. Aye Finance IPO will list on BSE, NSE on Feb 16, 2026.
Aye Finance IPO price band is set at ₹122 to ₹129 per share. The lot size for an application is 116. The minimum amount of investment required by an retail is ₹14,964 (116 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,624 shares), amounting to ₹2,09,496, and for bNII, it is 67 lots (7,772 shares), amounting to ₹10,02,588.
Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Aye Finance IPO RHP for detailed Information.
IPO Open
Mon, Feb 9, 2026
IPO Close
Wed, Feb 11, 2026
Issue Price
₹129 per share
Market Cap (Pre-IPO)
₹3,183.52 Cr
| IPO Date | 9 to 11 Feb, 2026 |
| Listing Date | Mon, Feb 16, 2026 |
| Face Value | ₹2 per share |
| Price Band | ₹122 to ₹129 |
| Issue Price | ₹129 per share |
| Lot Size | 116 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 7,82,94,571 shares (agg. up to ₹1,010 Cr) |
| Fresh Issue | 5,50,38,759 shares (agg. up to ₹710 Cr) |
| Offer for Sale | 2,32,55,812 shares of ₹2 (agg. up to ₹300 Cr) |
| Share Holding Pre Issue | 19,17,45,507 shares |
| Share Holding Post Issue | 24,67,84,266 shares |
| BSE Script Code / NSE Symbol | 544699 / AYE |
| ISIN | INE501X01029 |
Aye Finance IPO offers total 7,82,94,571 shares. Out of which 5,87,20,929 (75.00%) allocated to QIB, 2,30,22,509 (29.40%) allocated to QIB (Ex- Anchor), 1,17,44,185 (15.00%) allocated to NII 78,29,457 (10.00%) allocated to RII and 3,56,98,420 (45.60%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 5,87,20,929 (75.00%) | NA |
| − Anchor Investor Shares Offered | 3,56,98,420 (45.60%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 2,30,22,509 (29.40%) | NA |
| NII (HNI) Shares Offered | 1,17,44,185 (15.00%) | NA |
| − bNII > ₹10L | 78,29,457 (10.00%) | 4,821 |
| − sNII < ₹10L | 39,14,728 (5.00%) | 2,410 |
| Retail Shares Offered | 78,29,457 (10.00%) | 67,495 |
| Total Shares Offered | 7,82,94,571 (100.00%) |
Investors can bid for a minimum of 116 shares and in multiples thereof.
| 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 |
Aye Finance IPO raises ₹460.51 crore from anchor investors. Aye Finance IPO Anchor bid date is February 6, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Feb 6, 2026 |
| Shares Offered | 3,56,98,420 |
| Anchor Portion (₹ Cr.) | 460.51 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Mar 13, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, May 12, 2026 |
Incorporated in 1993, Aye Finance Limited is an NBFC offers secured and unsecured small business loans for working capital, including mortgage loans, ‘Saral’ Property Loans, secured and unsecured hypothecation loans, primarily to micro-scale MSMEs.
The company is serving 586,825 active customers across 18 states and three union territories with significant assets under management.
Product Offerings:
In the six months ended September 30, 2025 and September 30, 2024, and Fiscals 2025, 2024 and 2023, the company had 10,459, 8,388, 9,102, 6,825 and 5,724 full-time employees, respectively, engaged in the operations in India.
Competitive Strengths:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|---|
| Assets | 7,116.01 | 6,338.63 | 5,819.05 | 4,869.59 | 3,126.00 |
| Total Income | 863.02 | 1,504.99 | 717.05 | 1,071.75 | 643.34 |
| Profit After Tax | 64.60 | 175.25 | 107.80 | 171.68 | 39.87 |
| NET Worth | 1,727.37 | 1,658.87 | 1,593.17 | 1,232.65 | 754.49 |
| Reserves and Surplus | 1,689.58 | 1,621.08 | 1,555.39 | 1,192.72 | 724.04 |
| Total Borrowing | 5,218.50 | 4,526.33 | 4,083.10 | 3,498.99 | 2,296.16 |
| Amount in ₹ Crore | |||||
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 7.63% | 12.12% |
| Debt/Equity | 3.02 | 2.73 |
| RoNW | 3.82% | 12.12% |
| Price to Book Value | 1.45 | 1.71 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.14 | 5.24 |
| P/E (x) | 14.11 | 24.64 |
| Market Cap | ₹3,183.52 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs fees and commissions (including underwriting commission, brokerage and selling commission) | 28.00 |
| 2 | Commission/ processing fee for SCSBs and Bankers to the Offer and fees payable to the Sponsor Bank(s) for Bids made by UPI Bidders. Brokerage, selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.37 |
| 3 | Fees payable to the Registrar to the Offer | 0.03 |
| 4 | Fees payable to advisors, consultants and other parties to the Offer - Statutory Auditor | 1.83 |
| 5 | Independent Chartered Accountant | 0.09 |
| 6 | CRISIL | 0.85 |
| 7 | Fee payable to legal counsels | 10.14 |
| 8 | Others | |
| 9 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 3.51 |
| 10 | Printing and stationery | 1.30 |
| 11 | Advertising and marketing expenses | 4.07 |
| 12 | Miscellaneous | 3.55 |
| Total | 53.73 |
Aye Finance IPO is a main-board IPO of 7,82,94,571 equity shares of the face value of ₹2 aggregating up to ₹1,010 Crores. The issue is priced at ₹129 per share. The minimum order quantity is 116.
The IPO opens on Mon, Feb 9, 2026, and closes on Wed, Feb 11, 2026.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Aye Finance IPO using UPI as a payment gateway. Zerodha customers can apply in Aye Finance IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aye Finance IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aye Finance IPO opens on Mon, Feb 9, 2026 and closes on Wed, Feb 11, 2026.
Aye Finance IPO lot size is 116, and the minimum amount required for application is ₹14,964.
You can apply in Aye Finance IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Aye Finance IPO will be done on Thursday, February 12, 2026, and the allotted shares will be credited to your demat account by Fri, Feb 13, 2026. Check the Aye Finance IPO allotment status.
The Aye Finance IPO listing date is on Mon, Feb 16, 2026.
