Aye Finance IPO Launches with Price Band of ₹122–₹129 per Share

Aye Finance Ltd., a fast-growing lender to micro and small enterprises, is stepping into the capital markets with its much anticipated IPO. The company has set a price band of ₹122–₹129 per share, signaling strong confidence in its growth trajectory and investor appeal.  

Key Highlights

• IPO Structure: Combination of a fresh issue worth ₹885 crore and an offer for sale (OFS) by existing shareholders.  
• Subscription Window: Opens on February 9, 2026, and closes on February 11, 2026.  
• Allotment & Listing: Allotment expected on February 12, 2026; listing scheduled for February 16, 2026 on BSE and NSE.  
• Lot Size: Minimum lot of 116 shares, requiring a retail investment of ₹14,964 at the upper price band.  
• Financial Performance: Revenue rose to ₹1,071.75 crore in FY24 from ₹643.34 crore in FY23; net profit surged to ₹171.27 crore in FY24 from ₹46.84 crore in FY23.  
• Market Context: Part of a wave of IPOs in February 2026, with seven companies collectively aiming to raise ₹14,000 crore despite cautious market sentiment.  

Aye Finance’s IPO reflects its ambition to expand lending operations and strengthen its balance sheet, while offering partial exit opportunities to existing investors.  

Sources: Chanakya, Moneycontrol, IPO Watch