
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
Overall Subscription
1.04x
Total Demand
QIB Multiplier
1.62x
Institutions & Funds
NII / HNI
0.05x
High Net-Worth
Retail (RII)
0.81x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 23,022,509 | 37,241,220 | 1.62x |
| NIB | 11,744,186 | 623,616 | 0.05x |
| HNIs(10L +) | 7,829,457 | 176,204 | 0.02x |
| HNIs (2-10L) | 3,914,729 | 447,412 | 0.11x |
| RETAIL | 7,829,457 | 6,356,452 | 0.81x |
| Total | 54,340,338 | 44,844,904 | 1.04x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 67,495 | 43,650 | 0.65x |
| HNIs(10L +) | 4,821 | 17 | 0.00x |
| HNIs (2-10L) | 2,411 | 220 | 0.09x |
| Total Applications | 74,727 | 43,887 | 0.59x |
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 Aye Finance Limited IPO aggregate issue size is ₹7,82,94,572 Crores with an equity price band set at ₹122 to ₹129 per equity share. The retail lot size is 116 shares requiring a minimum capital outlay of approx. ₹14,964.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-02-12.