&format=webp&quality=medium)
Aye Finance IPO: Investors are now awaiting the allotment of shares for the Aye Finance IPO, which is expected to be finalised on Thursday, February 12, 2026. Following the allotment, shares will be credited to the demat accounts of successful applicants, while refunds will be initiated for those who did not receive allotment.
The Rs 1,010 crore public issue of Aye Finance Ltd concluded its three-day bidding process with an overall subscription of 97 per cent, according to provisional data available on the exchanges. Investors bid for approximately 4.42 crore shares against the total number of shares offered, although the issue fell marginally short of full subscription.
Investors who have applied for the IPO can check their allotment status online on the websites of BSE and NSE, or the issue registrar, KFin Technologies. Here's how you can view your allotment status step-by-step through the direct links:
1) Visit the NSE website:- www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
2) Select 'Equity and SME IPO bid details'
3) Choose 'AYE' from the dropdown list
4) Enter your PAN and application number
5) Click submit
1) Go to the BSE website:- www.bseindia.com/investors/appli_check.aspx
2) Select 'Equity' under issue type
3) Choose 'AYE Finance Limited'
4) Enter your application number or PAN
5) Click search to view your allotment status
1) Visit the KFin Technologies website:- ipostatus.kfintech.com
2) Select 'Aye Finance Limited' from the dropdown menu
3) Enter your PAN, application number, or demat account details
4) Click submit
The Qualified Institutional Buyers (QIBs) portion was subscribed 1.50 times, with bids for 3.72 crore shares against 2.48 crore shares allocated.
In contrast, the Non-Institutional Investors (NIIs) segment saw muted participation, subscribing just 0.05 times with 6.23 lakh shares bid out of the 1.24 crore shares reserved.
The Retail Individual Investors (RIIs) category was subscribed 0.77 times, receiving bids for 63.56 lakh shares against 82.78 lakh shares allotted.
The IPO was structured as a book-built offer worth Rs 1,010 crore, comprising a mix of fresh issue of 5.50 crore shares worth Rs 710 crore and an offer-for-sale (OFS) of 2.33 crore shares worth Rs 300 crore.
The IPO's subscription window was opened from February 9 to 11, 2026, giving investors three days to apply.
The price band was set at Rs 122–129 per share, valuing the NBFC at approximately Rs 3,183.52 crore at the upper band. Each retail investor needed to apply for a minimum lot of 116 shares, translating to an investment of Rs 14,964 at the upper price.
Axis Capital Ltd served as the book-running lead manager, while KFin Technologies Ltd acted as the registrar for the issue.
The IPO had reserved 75 per cent of the net offer for institutional buyers (QIBs), 15 per cent for non-institutional investors (NIIs), and 10 per cent for retail investors.
The listing for the Aye Finance IPO shares is scheduled on NSE and BSE, with a tentative listing date on February 16, 2026.
Aye Finance started its operations in 1993 as a non-banking financial company which provides both secured and unsecured small business loans that include working capital loans, mortgage loans, and hypothecation loans. The business mainly focuses on delivering its services to micro-sized MSMEs, which operate in manufacturing, trading, services and allied agricultural sectors.
Aye Finance currently operates across 18 states and three union territories to serve more than 5.86 lakh active customers while building its presence in India’s MSME financing industry.