The Aye Finance IPO minimum market lot is 116 shares with ₹14,964 application amount. The Aye Finance IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Business Overview
Aye Finance started its journey in 1993 and has been involved in the business of offering secured and unsecured small business loans for working capital, including mortgage loans, ‘Saral’ Property Loans, and secured and unsecured hypothecation loans, primarily to micro-scale MSMEs.
Furthermore, the company is ready to provide a business loan so the business can grow, and as collateral assets or property of the business.
It provides loans to businesses like manufacturing, trading, services, and agriculture-related businesses. The company helps 586,825 active customers in 18 states and 3 union territories and manages a lot of money for them. Aye finance provide loans, including mortgage loans, secured hypothecation loans, and unsecured hypothecation loans.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Aye Finance IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.14 | 0.14 | 1.62 |
| NII | 0.01 | 0.02 | 0.05 |
| bNII | 0.00 | 0.00 | 0.02 |
| sNII | 0.03 | 0.04 | 0.11 |
| RII | 0.28 | 0.49 | 0.81 |
| Total | 0.13 | 0.17 | 1.04 |
Aye Finance IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Aye Finance IPO Review and Rating
- May Apply For Long-term View
Aye Finance IPO Form
How to apply for the Aye Finance IPO? You can apply for Aye Finance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Aye Finance IPO in the Invest section. The other option is you can apply for Aye Finance IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
