Aye Finance IPO Day 2: Check GMP, Subscription Status & Key Highlights
The Aye Finance IPO enters its second day of subscription today, 10 February 2026. By the end of the first day, the issue was subscribed to 0.06 times overall. The bidding window is scheduled to close on February 16, 2026.
Aye Finance IPO: Issue Details
Issue Type: The Aye Finance IPO is a book-build issue of ₹1,010 crores, consisting of a fresh issue of ₹710 crores and an Offer-for-Sale (OFS) of ₹300 crores.
Price Band: The price band is set between ₹122 and ₹129 per share.
Lot Size & Minimum Investment: The lot size for an application is 116 shares, and the minimum investment required is ₹14,964 (for retail investors).
Allotment Date: The basis of allotment will be finalised by February 12, 2026
Listing Date: The tentative listing date on NSE and BSE is February 16, 2026.
Book-running Lead Managers: IIFL Capital Services Limited, JM Financial Limited, Nuvama Wealth Management Limited and Axis Capital Limited
Registrar: KFin Technologies Limited
Aye Finance IPO Day 2 Subscription Status
[10-February-2026 11:12:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.13 |
|
Non-Institutional Investors |
0.01 |
|
Retail Individual Investors (RIIs) |
0.36 |
|
Total |
0.14 |
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used towards
- Augmenting the Company’s capital base to meet its future capital requirements
- Enhancement of the company’s brand name and visibility, and creation of a public market for the company’s equity shares in India.
- The main objects clause and the objects incidental or ancillary thereto, as set out in the Memorandum of Association of the Company, enable the Company to undertake its existing business activities and the activities proposed to be funded from the Net Proceeds of the Offer.
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Aye Finance IPO GMP
According to media reports, the Grey Market Premium (GMP) of the Aye Finance IPO is reported at ₹0 over the IPO price.
Aye Finance IPO Business Overview
Aye Finance is a non-banking financial company classified as a middle-layer NBFC (“NBFC-ML”). The company provides credit solutions to micro-scale, micro-, small- and medium-sized enterprises (“MSMEs”) across India.
Their lending offerings are designed to support the working capital requirements and business expansion needs and are extended against hypothecation of business assets and, in certain cases, against collateral in the form of property.
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