Aye Finance, a technology-driven lender focused on India’s underserved micro and small enterprises (MSEs), is set to open its much-anticipated initial public offering (IPO) on Monday. The company has fixed the price band for the issue at INR 122 to INR 129 per equity share, aiming to tap public markets amid growing investor interest in financial inclusion-led businesses.
The IPO marks a significant milestone for Aye Finance as it transitions from a privately funded non-banking financial company (NBFC) to a publicly listed entity. Over the years, the lender has built a strong niche by serving micro-entrepreneurs—particularly those operating in manufacturing, trading, and service segments—who
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