
Financial Services · NSE / BSE
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.
Price Band
₹122 – ₹129
Issue Size
₹7829.46 L Cr
Lot Size
116 shares
GMP
-2.3%
Est. Listing
₹126
at current GMP
Subscribed
1.04x
overall
Open
9 Feb 2026
Close
11 Feb 2026
Allotment
12 Feb 2026
Refund
13 Feb 2026
Demat Credit
14 Feb 2026
Listing
16 Feb 2026
Last updated: 20 May 2026
Current Premium
Issue Price (Upper)
₹129
Band: ₹122 – ₹129
Estimated Listing Price
₹126
Upper price + GMP
Lot Size
116 shares
Min investment ₹14,964
Estimated Profit / Lot
₹0
116 × ₹-3
Grey Market Premium trend
-₹3
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | -₹3 | -2.3% | ₹126 |
| 26 Sep 2026 | -₹3 | -2.3% | ₹126 |
| 25 Sep 2026 | — | -2.1% | ₹126 |
GMP is unofficial market data. Not a guarantee of listing performance.
Aye Finance Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹7,82,94,572 Crores. The shares are offered at a price band of ₹122 to ₹129 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 116 shares (approx. ₹14,964 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-02-14, while un-allotted funds or UPI block mandates will be released on 2026-02-13.
The latest grey market premium for Aye Finance Limited IPO is ₹-3, which indicates an expected listing price of ₹126.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.