Aye Finance IPO: GMP, Price, Important dates and more...
- Gabriela Galeena
- 2 days ago
- 2 min read
The company has set a price band of ₹122 to ₹129 per equity share, with a lot size of 116 shares, translating to a minimum investment of ₹14,964 for retail investors.
IPO Snapshots
Detail | Value |
Total Issue Size | ₹1,010 Cr |
Fresh Issue | ₹710 Cr |
Offer for Sale | ₹300 Cr |
Face Value | ₹2 |
Price Band | ₹122 to ₹129 |
Lot Size | 116 |
Minimum Investment | ₹14,964 |
Listing | BSE, NSE |
Opens | 09 February 2026 |
Closes | 11 February 2026 |
Founded in 1993, Aye Finance is an RBI-registered NBFC that primarily provides secured and unsecured loans to micro and small enterprises, particularly in underbanked and underserved segments. The company follows a cluster-based lending model and leverages data-driven underwriting to assess creditworthiness. Aye Finance does not have an identifiable promoter, with ownership held largely by institutional investors.
Financial Performance
Period Ended | Revenue from Operations (₹ Cr) | Profit After Tax (₹ Cr) |
FY 2025 | 1,459.73 | 175.25 |
FY 2024 | 1,040.21 | 171.68 |
FY 2023 | 623.42 | 39.87 |
GMP (Grey Market Premium)
Currently, the Grey Market Premium (GMP) of Aye Finance IPO is ₹3, hinting at a potential listing price of ₹132 (cap price + latest GMP). This implies an expected gain/ loss of 2.33% per share at listing.
Peer Comparison
Company | CMP (₹) | Market Cap (₹ Cr) | P/E | Sales (₹ Cr) | OPM % | NP 12 M |
SBFC Finance Limited | 90.1 | 9,888 | 23.4 | 1,305 | 68.9 | 345 |
Five-Star Business Finance Limited | 444 | 13,081 | 11.8 | 3,153 | 70.3 | 1,072 |
Use of Proceeds
The company intends to utilise the net proceeds from the fresh issue to augment its capital base, support future business growth, and meet general corporate purposes. Proceeds from the OFS will go to the selling shareholders and not to the company.
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