Aye Finance IPO Review 2026: GMP Rises 0.28%, Key Investor Insights

Posted by : sachet | Thu Feb 05 2026

Aye Finance IPO is open for bidding from 9th February 2026 to 11th February 2026. It is a bookbuilding IPO of ₹1,010.00 crore, comprising an entirely fresh issue of 5.50 crore shares and an offer for sale of 2.33 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 16th February 2026.

Aye Finance IPO Details

The Aye Finance IPO date is fixed between 9th February 2026 to 11th February 2026. The face value of Aye Finance shares stands at ₹2 per share, and the IPO Issue price band is set at ₹122 to ₹129 per share

Kfin Technologies Limited is the registrar of the Aye Finance IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

IPO Allotment Date	12th February 2026
IPO Open Date	9th January 2026
IPO Close Date	11th February 2026
Refund Initiation	13th February 2026
Issue Size	7,82,94,572 shares(agg. up to ₹1,010 Cr)
Fresh Issue	5,50,38,759 shares(agg. up to ₹710 Cr)
Offer for Sale	2,32,55,813 shares of ₹2(agg. up to ₹300 Cr)
Face Value	₹2 per share
Lot Size	116 Shares
Issue Price	₹122 to ₹129 per share
Issue Type	Bookbuilding IPO
Listing At	BSE NSE
Listing Date	16th February 2026

Aye Finance IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding issue of 5.50 crore shares worth ₹1,010.00 crore. Aye Finance IPO Limited shares will be listed on the BSE and the NSE Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories.

Investor Categories	Shares Offered
QIB Shares Offered	Not less than 75% of the Net Offer
NII (HNI) Shares Offered	Not more than 15% of the Net Offer
Retail Shares Offered	Not more than 10% of the Net Offer

Aye Finance IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Aye Finance IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
11-2-2026	–	–	–	–
10-2-2026	–	–	–	–
9-2-2026	₹129.00	₹1.00	₹130.00	0.78%
8-2-2026	₹129.00	₹1.00	₹130.00	0.78%
7-2-2026	₹129.00	₹1.00	₹130.00	0.78%
6-2-2026	₹129.00	₹1.00	₹130.00	0.78%
5-2-2026	₹129.00	₹1.00	₹130.00	0.78%
4-2-2026	₹129.00	₹5.00	₹134.00	3.88%
3-2-2026	₹129.00	₹0.00	₹129.00	0.00%
2-2-2026	₹129.00	₹0.00	₹129.00	0.00%

As of 9th February 2026, Aye Finance IPO GMP stands at ₹1.00 per share, which means the share will likely list at ₹130.00 on its tentative listing date, 16th February 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Aye Finance IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.

Aye Finance IPO GMP Review

Check out the detailed Aye Finance GMP IPO review for a thorough understanding of its potential to report listing gains on 16th February 2026. The Aye Finance IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Aye Finance IPO.

Aye Finance Limited’s revenue increased by 40.42% from ₹1,071.75 crores in March 2024 to ₹1,504.99 crores in March 2025. Moreover, the company’s PAT increased by 2.07% from ₹171.68 crores in March 2024 to ₹175.25 crores in March 2025.

Aye Finance’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Aye Finance IPO, with its tentative listing day set for 16th February 2026.

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Aye Finance IPO.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	14.11
EPS (Earnings Per Share)	9.14
RoNW	3.82%
ROCE	–
ROE	7.63%
EBITDA Margin	–
Price to Book Value	1.45
Market Capitalisation	₹3,183.52 Cr

The P/E ratio of Aye Finance Limited shares is 14.11, and its Earnings Per Share (EPS) stands at 9.14. Thus, the Aye Finance IPO can deliver gains on its tentative listing date, 16th February 2026.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Aye Finance Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	14.11	24.64
EPS	9.14	5.24

Aye Finance IPO Subscription Status

The Aye Finance IPO will open for bidding on 9th February 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Aye Finance IPO Subscription Status.

Investor Categories	Shares Offered	Shares Subscribed	Subscription to the Times
QIB Shares Offered	Not less than 75% of the Net Offer	Yet to be announced	Yet to be announced
NII (HNI) Shares Offered	Not more than 15% of the Net Offer	Yet to be announced	Yet to be announced
Retail Shares Offered	Not more than 10% of the Net Offer	Yet to be announced	Yet to be announced

About Aye Finance Limited

Aye Finance Limited was established in 1993. Aye Finance Limited is an NBFC that offers secured and unsecured small business loans for working capital, including mortgage loans, ‘Saral’ Property Loans, secured and unsecured hypothecation loans, primarily to micro-scale MSMEs. The company offers business loans for business expansion, secured by working assets or property, to customers in manufacturing, trading, service, and allied agriculture sectors. The company serves 586,825 active customers across 18 states and three union territories, with significant assets under management.

Aye Finance Limited Financials

The company’s financial analysis is essential before applying for the Aye Finance IPO. See the table for Aye Finance Limited’s financials.

Year Ended	30th Sep 2025 (in cr.)	31st March 2025 (in cr.)	30th Sep 2024 (in cr.)	31st March 2024 (in cr.)
Assets	7,116.01	6,338.63	5,819.05	4,869.59
Revenue	863.02	1,504.99	717.05	1,071.75
Profit After Tax	64.60	175.25	107.80	171.68
EBITDA	–	–	–	–
Net Worth	1,727.37	1,658.87	1,593.17	1,232.65
Reserves and Surplus	1,689.58	1,621.08	1,555.39	1,192.72
Total Borrowings	5,218.50	4,526.33	4,083.10	3,498.99

Explanation

Aye Finance Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Shareholding Pre-Issue	–
Shareholding Post-Issue	–

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the Aye Finance IPO

The primary aim of the Aye Finance IPO is to raise ₹1,010.00 crores.

Should I Invest in the Aye Finance IPO?

Explore the pros and cons of Aye Finance to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades.

Pros of the Aye Finance IPO

The company is a leading lender of Small-Ticket Loans to micro-scale MSMEs with Comprehensive Product Offerings and a focus on Serving Large and Unaddressed TAM
The company has an experienced and professional management team backed by marquee investors and a committed employee base.
The company has strong sourcing capabilities, supported by a diversified pan-India presence and high customer retention.

Cons of the Aye Finance IPO

The company has rising asset quality concerns.
The company has a High Exposure to unsecured loans.
The company has negative operating cash flows.

How to Apply for the Aye Finance IPO?

Check the steps mentioned below to apply for Aye Finance Ltd.

Step 1: Conduct thorough research on the Aye Finance IPO GMP, subscription status, issue size, lot size, and other details.
Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
Step 3: Make a bid for 1 lots of 116 shares worth ₹14,964
Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.

Note: You can apply for the Aye Finance IPO across multiple demat accounts to increase your chances of allotment.

How to Check the Aye Finance IPO Allotment Status?

You can check for the Aye Finance IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On NSE

Visit the NSE Official Site
Navigate to the IPO Allotment Section.
Select Equity as the issue type.
Choose the Aye Finance IPO.
Choose whether to proceed with the PAN number or the application number.
Submit your details to get the allotment status online.

Check On the Registrar Portal

Visit the registrar portal.
Click on the allotment option.
Fill in the required details.
Click on the submit button to know your Aye Finance IPO allotment status.

Let’s Wrap

Aye Finance IPO is a bookbuilding issue of shares worth ₹1,010.00 crores. The shares of Aye Finance Limited will be listed on NSE and BSE on its tentative listing date of 13th February 2026. Researching the Aye Finance IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Aye Finance IPO

How is the Aye Finance IPO?

Ans. Currently, on 9th February 2026, the Aye Finance GMP (Grey Market Premium) stands at ₹1. It indicates that the estimated listing price could be ₹130 per share. It is a bookbuilding IPO of ₹1,010.00 shares. The face value of each Aye Finance share is ₹2 per share.

What is the Aye Finance IPO price?

Ans. The Aye Finance IPO issue price band is set at ₹122 to ₹129 per share.

Is the Aye Finance IPO a good investment?

Ans. Aye Finance Limited’s revenue increased by 40.42% from ₹1,071.75 crores in March 2024 to ₹1,504.99 crores in March 2025. Moreover, the company’s PAT increased by 2.07% from ₹171.68 crores in March 2024 to ₹175.25 crores in March 2025.

Who is the registrar of the Aye Finance IPO?

Ans. Kfin Technologies Limited is the registrar for the Aye Finance IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Aye Finance allotment and refund, you can contact Kfin Technologies Limited at ayefinance.ipo@kfintech.com or at 04067162222, 04079611000.

What is the issue size of the Aye Finance IPO?

Ans. Aye Finance IPO is a bookbuilding IPO of ₹1,010.00 crores. Moreover, the IPO is set to open on 9th February 2026 and close on 11th February 2026.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Aye Finance IPO, download the Aye Finance IPO RHP and Aye Finance IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.