Aye Finance Launches Rs 1,010 Crore IPO with Price Band of Rs 122-129

Aye Finance, a non-banking finance company focused on lending to micro, small, and medium enterprises across India, is launching its initial public offering (IPO) from February 9 to 11, 2026. The IPO aims to raise Rs 1,010 crore through a fresh issue of Rs 710 crore and an offer for sale of Rs 300 crore, with a price band of Rs 122-129 per share. Major shareholders include Alpha Wave India, MAJ Invest, CapitalG, LGT Capital, and Vikram Jetley. The company reported a 40% profit decline in H1 FY2025-26 but saw a 15.6% increase in net interest income. Listing is expected by February 16, with retail investors able to apply for a minimum lot of 116 shares.