Aye Finance IPO
Aye Finance IPO Details
-
Open Date
09 Feb 2026
-
Close Date
11 Feb 2026
-
Listing Date
16 Feb 2026
- IPO Price Range
₹ 122 to ₹129
- IPO Size
₹ 1,010.00 Cr
- Listing Exchange
BSE NSE
Aye Finance IPO Timeline
Last Updated: 04 February 2026 4:29 PM by 5paisa
Aye Finance Limited is an NBFC focused on providing secured and unsecured working capital loans to micro-scale MSMEs. Its offerings include mortgage loans, Saral property loans, and secured and unsecured hypothecation loans for business expansion. Serving manufacturing, trading, services, and allied agriculture sectors, the company supports over 586,000 active customers across 18 states and three union territories, with a strong and growing assets-under-management base.
Established in: 1993
Managing Director: Sanjay Sharma
Peers:
| Metric | Aye Finance Limited | SBFC Finance Limited | Five-Star Business Finance Limited |
|---|---|---|---|
| Face Value (₹ per share) | 2 | 10 | 1 |
| Closing price as on February 2, 2026 (₹ per equity share) | NA | 86.07 | 440.45 |
| Revenue from operations for Financial Year 2025 | 145.97 | 130.62 | 284.78 |
| EPS (Basic) (₹) | 9.51 | 3.21 | 36.61 |
| EPS (Diluted) (₹) | 9.34 | 3.15 | 36.50 |
| Return on Net Worth (RoNW) (%) | 12.12 | 11.57 | 18.65 |
Aye Finance Objectives
1. The company plans to strengthen capital for future growth.
2. Capital will support expanding business operations and assets.
3. Equity listing will enhance brand visibility and market presence.
Aye Finance IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹1,010.00Cr |
| Offer For Sale | ₹300.00 Cr |
| Fresh Issue | ₹710.00 Cr |
Aye Finance IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 116 | 14,152 |
| Retail (Max) | 13 | 1,508 | 1,94,532 |
| S-HNI (Min) | 14 | 1,624 | 1,98,128 |
| S-HNI (Max) | 66 | 7,656 | 9,87,624 |
| B-HNI (Min) | 67 | 7,772 | 9,48,184 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 623.43 | 1040.22 | 1459.73 |
| EBITDA | 280.80 | 568.93 | 715.18 |
| PAT | 39.87 | 171.68 | 175.25 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 3125.10 | 4869.5 | 6338.63 |
| Share Capital | 30.45 | 39.93 | 37.79 |
| Total Liabilities | 2371.51 | 3636.95 | 4679.76 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | -720.39 | -1322.83 | -811.78 |
| Net Cash Generated From / (used in) Investing Activities | 78.21 | 83.04 | -38.60 |
| Net Cash Generated From / (used in) Financing Activities | 761.97 | 1493.74 | 1254.94 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 119.79 | 253.96 | 404.56 |
Strengths
1. Strong focus on underserved micro MSMEs
2. Diversified secured and unsecured loan portfolio
3. Wide geographic presence across multiple states
4. Large and growing active customer base
Weaknesses
1. High exposure to credit risk segments
2. Dependence on small-ticket borrower cash flows
3. Asset quality sensitive to economic cycles
4. Limited presence in large corporate lending
Opportunities
1. Rising credit demand from micro enterprises
2. Formalization of MSMEs boosting loan requirements
3. Expansion into new underserved geographies
4. Digital lending improving operational efficiency
Threats
1. Economic downturn impacting borrower repayment capacity
2. Increasing competition from fintech and NBFCs
3. Regulatory changes affecting lending norms
4. Interest rate volatility impacting borrowing costs
1. Strong exposure to fast-growing MSME lending segment
2. Diversified product portfolio reduces concentration risks
3. Expanding customer base across underserved regions
4. IPO strengthens capital base for future growth
Aye Finance operates in a rapidly expanding MSME credit market driven by formalization, digital adoption, and rising demand for working capital. Its focus on micro enterprises, diversified loan products, and wide geographic reach position it well to benefit from structural growth in small business financing, increasing credit penetration, and long-term expansion of India’s MSME ecosystem.
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FAQs
Aye Finance IPO opens from February 9, 2026 to February 11, 2026.
The size of Aye Finance IPO is ₹1,010.00.
The price band of Aye Finance IPO is fixed at ₹122 to ₹129.
To apply for Aye Finance IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Aye Finance. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Aye Finance IPO is of 116 shares and the investment required is ₹14,152.
The share allotment date of Aye Finance IPO is February 12, 2026
The Aye Finance IPO will likely be listed on February 16, 2026.
Axis Capital Ltd is the book running lead managers for Aye Finance IPO.
Aye Finance IPO plans to utilise the raised capital from the IPO for:
1. The company plans to strengthen capital for future growth.
2. Capital will support expanding business operations and assets.
3. Equity listing will enhance brand visibility and market presence.