Overview
- Aye Finance’s Rs 1,010 crore offer drew bids for about 4.42 crore shares against 4.55 crore on the final day, closing around 97% subscribed.
- Qualified institutional buyers bid 1.5 times their allotment, while the retail tranche reached 77% and the non-institutional portion was taken up 5%.
- The IPO comprises a Rs 710 crore fresh issue and a Rs 300 crore offer for sale in a Rs 122–129 price band, valuing the company near Rs 3,184–3,185 crore at the top end.
- The company raised Rs 454.5 crore from anchor investors at Rs 129 per share ahead of the public subscription.
- Aye Finance, a middle-layer NBFC focused on small-ticket MSME lending, operates across 18 states and 3 UTs with AUM of about Rs 6,027.6 crore, reporting H1 FY26 revenue of ~Rs 843.5 crore and net profit of ~Rs 64.3–64.6 crore.