Aye Finance IPO Day 3: Check Latest GMP, Subscription Status & Key Highlights
The ₹1,010 crore initial public offering (IPO) of Aye Finance enters its final day of bidding today, 11 February 2026. Till the end of day 2, the IPO received a muted subscription of 0.16 times.
Aye Finance IPO: Issue Details
- Issue Size: 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 at ₹122 and ₹129 per share.
- Lot Size: 116 shares
- Minimum Investment: ₹14,964 per lot for retail investors
- Book-running lead managers: IIFL Capital Services Limited, JM Financial Limited, Nuvama Wealth Management Limited and Axis Capital Limited
- Registrar: KFin Technologies Limited
- Listing: The shares are proposed to be listed on the NSE and the BSE on February 16, 2026.
Aye Finance IPO Day 3: Subscription Details
[11-February-2026 10:48:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.02 |
|
Non-Institutional Investors |
0.32 |
|
Retail Individual Investors (RIIs) |
0.68 |
|
Employees |
0.24 |
|
Total |
0.22 |
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.
Explore other Upcoming IPOs on BSE and NSE.
Aye Finance IPO GMP
According to media reports, the Grey Market Premium (GMP) of the Aye Finance IPO is reported at ₹7 over the IPO price.
Aye Finance 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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