Aye Finance launched its IPO on 9 February 2026, opening its share sale for subscription today.
The SME-focused lender aims to raise about ₹1,010 crore from the primary market.
The price band was set at ₹122–₹129 per share for the initial offer.
The IPO window will remain open until 11 February, with listing expected on 16 February.
The issue is being closely watched by investors due to its MSME lending profile.
Though grey market indications were muted, analysts note the firm’s growth potential.
Aye Finance’s business focuses on underserved segments of credit in India.
Retail and high-net-worth investors have shown early interest on day one.
Market participants are comparing it with other recent mid-cap financial IPOs.
Subscription trends will likely influence secondary market price on debut.