The Initial Public Offering of Aye Finance was subscribed 97% on the final day of bidding.
The issue received bids of 4,42,21,288 shares against the offered 4,55,32,785 equity shares, at a price band of Rs 122 to Rs 129 per share, according to the data available on the stock exchanges.
QIB Portion and NII Portion were subscribed 1.50 times and 0.05 times, respectively, whereas Retail Portion was subscribed 0.77 times.
According to the company spokesperson, the total issue was Rs 1,010 crore with the price band of Rs 122- Rs 129. The company has received bids more than the offer size at the upper cap of the price band. Effectively against total bid size of Rs 1,010 crore the IPO has been completely subscribed. However, in the NSE and BSE total number of shares is computed always at the lower cut-off of the band.
The issue kicked off for subscription on Monday, February 9, 2026, and will close for subscription on Wednesday, February 11, 2026.
A day before the opening of the issue, Aye Finance had raised Rs 454.5 crore from anchor investors.
Axis Capital Limited, IIFL Capital Services Limited, JM Financial Limited, and Nuvama Wealth Management Limited are the book-running lead managers, and KFin Technologies Limited is the registrar of the offer.







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