New Delhi, February 16 Shares of the non-banking financial company (NBFC) Aye Finance ended marginally lower on Monday, marking a subdued market debut against the issue price of Rs 129.
The stock is listed at Rs 129 per share on both the NSE and the BSE. During the trading session, it reached a high of Rs 133.80 and Rs 132.75 per share, respectively, on the exchanges.
The scrip of the company finally ended at Rs 128.80, down 0.16 per cent on the NSE.
On the BSE, it settled at Rs 128.90, down 0.08 per cent.
At the end of the session, the company's market capitalization stood at Rs 3,181.05 crore on the BSE.
In terms of volume, 98.23 lakh equity shares of Aye Finance were traded on the NSE, and 13.16 lakh shares on the BSE, during the day.
Meanwhile, equity markets ended higher, with the 30-share BSE Sensex rising by 650.39 points, or 0.79 per cent, to close at 83,277.15, while the NSE Nifty advanced by 211.65 points, or 0.83 per cent, to settle at 25,682.75.
Last week, the initial public offering (IPO) of Aye Finance was fully subscribed.
The company had fixed a price band of Rs 122-129 per share.
The Rs 1,010-crore IPO comprises a fresh issue of equity shares worth up to Rs 710 crore and an offer for sale (OFS) of up to Rs 300 crore by existing shareholders.
The proceeds from the fresh issue will be used by the company to strengthen its capital base, supporting future capital requirements arising from the expansion of its business and asset base.
Classified as a middle-layer NBFC, Aye Finance focuses on lending to micro and small enterprises (MSEs), a segment that remains largely underserved by traditional banks.
As of September 30, 2025, Aye Finance operates in 18 states and three Union Territories, serving around 5.9 lakh active customers, with assets under management (AUM) of Rs 6,027.6 crore.
