Aye Finance came to market through an IPO that opened on 9 February 2026 and closed on 11 February 2026, and the shares listed on 16 February 2026 on BSE, NSE. The price band was ₹122 to ₹129 per share and one lot was 116 shares, so the minimum application was ₹14,964. The issue size was ₹1010 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
Kfin Technologies Ltd was the registrar to the issue, and Axis Capital Ltd., IIFL Capital Services Ltd., JM Financial Ltd., Nuvama Wealth Management Ltd were the lead managers.
As of 11 February 2026.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Incorporated in 1993, Aye Finance Limited is an NBFC that provides secured and unsecured small business loans for working capital, including mortgage loans, ‘Saral’ Property Loans, secured and unsecured hypothecation loans, mainly to micro-scale MSMEs.The company provides business loans for business expansion, secured by working assets or property, to customers in manufacturing, trading, service, and allied agriculture sectors.
The company is catering to 508,224 active customers across 18 states and three union territories with substantial assets under management.The company operates through a ‘phygital’ approach, integrating personal service through 499 branches across 18 states and three union territories with sophisticated digital capabilities to cater to customers across the country as of September 30, 2024. Product Offerings:
Mortgage Loans Saral’ Property Loans Secured Hypothecation Loans Unsecured Hypothecation Loans During the six months ended September 30, 2024 and September 30, 2023, and Fiscals 2024, 2023, and 2022, the company had 8,388, 5,684, 6,825, 5,724, and 4,837 full-time employees.
As described in the offer document.
| Metric | 30-Sep-25 | 31-Mar-25 | 30-Sep-24 | 31-Mar-24 | 31-Mar-23 |
|---|
Aye Finance mops up over Rs 454 crore from 19 anchor investors. Global firms such as Bay Pond, Ithan Creek Master Investors, Intergrated Core Strategies, Societe Generale, Ashoka India Equity Investment Trust, and BNP Paribas Financial Markets also participated in the anchor book. Other investors who were part of the anchor books include Abakkus, HDFC Life Insurance, 360 ONE, Turnaround Opportunities Fund, Bank of India MF, and Neo Prime Fund..
Out of the total allocation of 3.52 crore equity shares to the anchor investors, 76.74 lakh equity shares were allocated to 2 domestic mutual funds through a total of 4 schemes.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Aye Finance IPO was a ₹1,010 crore book-built issue, comprising a fresh issue of ₹710 crore and an offer for sale of ₹300 crore. It was priced at ₹122–₹129 per share with a lot size of 116 shares (₹14,964). The IPO was open from February 9 to February 11, 2026 and was subscribed 1.04x. Shares listed on BSE and NSE on February 16, 2026 at ₹129, in line with the issue price of ₹129. Kfin Technologies Ltd. is the registrar.
Axis Capital Ltd. and 3 other book running lead managers manage the issue.
The price band of Aye Finance IPO is ₹122 to ₹129 per share.
The lot size of Aye Finance IPO is 116 shares.
The minimum investment for Aye Finance IPO is approximately ₹14,964 based on the upper price band.
The allotment date of Aye Finance IPO is Feb 12, 2026.
Aye Finance IPO listed on Feb 16, 2026. It was issued at ₹129.0(NSE) and is currently around ₹130.91 as on 2-Nov-2026 3:30 PM, which is approximately 1.5% versus issue price. The 52-week high is ₹197.29.
You can check Aye Finance IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aye Finance IPO allotment status on Rupix for quick and easy access.
₹122 to ₹129 per share, against a face value of ₹2. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 116 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,964.
₹14,964, for one lot of 116 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 9 February 2026 and closed on 11 February 2026.
The basis of allotment was published on 12 February 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 16 February 2026 on BSE, NSE.
The issue size was ₹1010 crore. The fresh issue was 5,50,38,760 shares (aggregating up to ₹710 crore). The offer for sale was 2,32,55,814 shares (aggregating up to ₹300 crore).