Aye Finance provides business expansion loans secured against working assets or property, catering to clients across manufacturing, trading, services and allied agriculture sectors.
Aye Finance IPO GMP Today: Heres What Grey Market Signals Ahead Of Feb. 9 Opening
The initial public offering (IPO) of Aye Finance Ltd. will open on Monday, Feb. 9. The issue's bidding window closes on Wednesday, Feb. 11. Incorporated in 1993, Aye Finance is a non-banking financial company (NBFC). It provides secured and unsecured working capital loans, including mortgage loans, Saral Property Loans and hypothecation loans, mainly to micro-scale MSMEs. The company is backed by leading global investors such as Elevation Capital, Alphabet, LGT Capital and British International Investment. With the IPO bidding window approaching, investors are tracking key metrics, including the grey market premium (GMP).
Aye Finance IPO GMP Today
According to Investorgain, the latest grey market premium (GMP) for the Aye Finance IPO is Rs 5, last updated on Feb. 5, 2026, at 8:31 a.m. Based on the upper price band of Rs 129, the estimated listing price is Rs 134 (cap price plus GMP). This implies an expected gain of 3.88% per share.
Note: GMP does not represent official data and is based on speculation.
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Aye Finance IPO Key Details
The Aye Finance IPO is a book-built issue of Rs 1,010 crore. It includes a fresh issue of 5.50 crore shares amounting to of Rs 710 crore and an offer for sale of 2.33 crore shares totalling of Rs 300 crore.
The Aye Finance IPO price band has been set between Rs 122 and Rs 129 per share. The lot size for an application is 116 shares, requiring a minimum retail investment of Rs 14,964. For sNII investors, the minimum application is 14 lots (1,624 shares), amounting to Rs 2,09,496, while for bNII investors, it is 67 lots (7,772 shares), requiring an investment of Rs 10,02,588.
The allotment of shares is expected to be finalised on Thursday, Feb. 12. Refunds and credit of shares to investors' demat accounts are likely to be completed by Friday, Feb. 13. Aye Finance's shares are scheduled to list on the BSE and NSE, with the tentative listing date being Monday, Feb. 16, 2026.
Axis Capital Ltd. is the book-running lead manager for the issue, while Kfin Technologies Ltd. is the registrar.
Aye Finance: Business
Aye Finance provides business expansion loans secured against working assets or property, catering to clients across manufacturing, trading, services and allied agriculture sectors. It currently serves 5,86,825 active customers across 18 states and three Union Territories.
Use Of Proceeds
According to the IPO's RHP, Aye Finance plans to use the net proceeds from the issue to strengthen its capital base and support future capital requirements driven by business and asset growth.
Financials
For the period ended Sept. 30, 2025, Aye Finance reported total income of Rs 863.02 crore and profit after tax of Rs 64.60 crore. Total income stood at Rs 1,504.99 crore and profit after tax was Rs 175.25 crore for the financial year ended March 31, 2025. Similarly, for the fiscal ended March 31, 2024, total income was Rs 1,071.75 crore and profit after tax was Rs 171.68 crore.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.