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  3. Small-cap NBFC stock Aye Finance surges 14% amid stock market rally; do you own?
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India IPO
  • 08 Apr 2026
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 Small-cap NBFC stock Aye Finance surges 14% amid stock market rally; do you own?

Aye Finance's shares were listed at par with the initial public offering (IPO) of ₹129 apiece on February 16 this year. Considering the day's high of ₹102.50 on April 8, the stock is still more than 20% down from its issue price.

Small-cap NBFC stock Aye Finance surges 14% amid stock market rally; do you own?

Nishant Kumar

Nishant is a market reporter at Mint, where he holds the official designation of Principal Correspondent – Markets. He has been closely tracking the Indian stock market as well as major global stock markets along with the broader macroeconomic trends for a decade. He is obsessed with breaking down complex financial and economic concepts into clear and engaging stories. He focuses not only on what is happening in the markets, but also why it matters. His coverage includes stock market trends, sector rotations, monetary and fiscal policy developments, inflation, growth data, and personal finance strategies. With nearly 10 years of experience in covering financial markets, Nishant has covered bull markets, corrections, policy transitions, and macro developments that has equipped him with a deep understanding of how domestic and global forces shape markets and affect investments. He regularly interviews market veterans, fund managers, economists, policymakers, and corporate leaders to provide readers with a 360-degree view of market dynamics and the broader economic landscape. Before joining Mint, Nishant worked with some of India’s most respected business newsrooms, including The Economic Times and Moneycontrol, where he reported extensively on the stock market, corporate earnings, macroeconomic trends, GDP, inflation, monetary policies of the RBI and the US Federal Reserve, bonds, and currencies. Apart from economics and investing, he has interests in geopolitics and emerging technologies, such as AI.

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