The Aye Finance IPO has moved a step closer to the markets with its price band now officially announced. With clearly defined timelines and a sizeable issue structure, the IPO has started gaining attention among investors tracking developments in the financial services space.
Here’s a clean, story-driven breakdown of the Aye Finance IPO, keeping every number and fact rooted strictly in the reference data—no noise, no speculation.
Market Performance Snapshot
The primary market continues to stay active, especially with offerings from financial services companies that have an established operating history. In this environment, the Aye Finance IPO enters with a defined valuation range and a clear roadmap for listing.
The focus remains on issue details, timelines, and business scale as the IPO calendar builds momentum.
Main News: Aye Finance IPO Price Band and Dates
The company has fixed the Aye Finance IPO price band at ₹122 to ₹129 per equity share, with a face value of ₹2 per share.
The subscription window is short and clearly mapped.
Key IPO Dates
- IPO opens: Monday, February 9
- IPO closes: Wednesday, February 11
- Anchor investor allocation: Friday, February 6
In valuation terms:
- Floor price: 61× face value
- Cap price: 64.5× face value
The Aye Finance IPO lot size is 116 equity shares, and bids can be placed in multiples of 116 shares.
Investor Category Allocation
The allocation split in the Aye Finance IPO follows standard regulatory norms:
- Qualified Institutional Buyers (QIBs): At least 75% of the issue
- Non-Institutional Investors (NIIs): Up to 15%
- Retail Investors: Up to 10%
This structure defines how the public issue is distributed across investor categories.
Allotment, Refunds, and Listing Timeline
Post subscription, the process moves quickly.
- Basis of allotment: Thursday, February 12
- Refund initiation: Friday, February 13
- Demat credit: Friday, February 13
- Listing date: Monday, February 16
- Exchanges: BSE and NSE
The timeline keeps the gap between application and listing relatively tight.
Aye Finance IPO Issue Size and Breakdown
The Aye Finance IPO is sized at ₹1,010 crore, combining fresh capital and exits by existing shareholders.
Issue Structure
- Fresh issue: ₹710 crore
- Offer for sale (OFS): ₹300 crore
The OFS includes shares sold by:
- Alpha Wave India
- MAJ Invest Financial Inclusion Fund
- CapitalG (part of Alphabet)
- LGT Capital
- Vikram Jetley
At the top end of the price band, Aye Finance is valued at around ₹3,184 crore.
Use of Fresh Issue Proceeds
According to the company, the money raised through the fresh issue will be deployed to address its future capital needs, primarily tied to:
- Business expansion
- Asset growth
No additional objectives have been outlined beyond this scope.
Issue Management Details
The IPO is being handled by a consortium of financial institutions.
- Lead managers:
- Registrar to the issue:
Company Details: What Aye Finance Does?
Founded in 1993, Aye Finance Limited operates as a non-banking financial company (NBFC) focused on lending to micro and small businesses.
The company provides secured and unsecured loans, primarily aimed at meeting working capital needs of micro-scale MSMEs.
Its lending activity spans sectors such as:
- Manufacturing
- Trading
- Services
- Allied agriculture-related businesses
Product Portfolio
The company’s offerings include:
- Mortgage Loans
- ‘Saral’ Property Loans
- Secured Hypothecation Loans
- Unsecured Hypothecation Loans
These products are designed to support business operations and growth for small enterprises.
Operational Footprint and Scale
As per disclosed data:
- Active clients: 5,86,825
- Geographic presence:
- 18 states
- 3 union territories
- Assets under management: ₹6,027.6 crore (as of September 2025)
The numbers highlight the scale at which Aye Finance operates across regions.
Financial Performance Overview
For the year ending March 2025, the company delivered a stable financial performance.
Key Financial Metrics
- Net profit: ₹175.3 crore
- Previous year: ₹171.7 crore
- Net interest income: ₹858 crore
- Earlier year: ₹622.2 crore
- Growth rate: 37.9%
These figures reflect operational expansion alongside profitability.
Shareholding Snapshot
Major existing shareholders include:
- Elevation Capital: 16.03%
- LGT Capital: 13.99%
- CapitalG (Alphabet): 13.14%
- Alpha Wave India: 11.1%
- British International Investment: Over 9%
- A91 Emerging Fund: Over 9%
Summary: Aye Finance IPO in Focus
The Aye Finance IPO brings a ₹1,010 crore issue to the market with a defined price band, clear allocation structure, and a business rooted in MSME lending.
With:
- A price range of ₹122–129
- Nearly 5.9 lakh active customers
- Assets exceeding ₹6,000 crore
The IPO represents a key milestone in the company’s capital-raising journey. With the subscription window nearing, attention is now squarely on the issue structure and the clearly defined timelines.
Source: Livemint
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