Aye Finance has allocated equity shares to anchor investors at Rs 129 each, the upper limit of its price band. This strong anchor book includes global and domestic big players such as Goldman Sachs, Societe Generale, HDFC Life, BNP Paribas Financial Markets, Bay Pond Partners, and Ithan Creek Master Investors (Cayman), as per the company filing. The allocation comes just before Aye Finance's Rs 1,010 crore IPO, which will open for public subscription on February 9 and close on February 11. The shares will list on the BSE and NSE by February 16. The IPO consists of fresh shares worth Rs 710 crore and an offer for sale of Rs 300 crore by existing investors like Alpha Wave India I LP, MAJ Invest Financial Inclusion Fund II, CapitalG LP, LGT Capital Invest Mauritius, and Vikram Jetley. Aye Finance has set the price band between Rs 122 and Rs 129 per share, with a face value of Rs 2. Investors must apply for at least 116 shares, making the retail minimum application about Rs 14,964 at the top price. Founded in 1993, Aye Finance is an NBFC that offers secured and unsecured loans to micro-scale MSMEs in manufacturing, trading, services, and agriculture-related sectors. As of September 30, 2025, it had 586,825 active customers across 18 states and 3 union territories, with assets under management exceeding Rs 6,027 crore according to a CRISIL report. The company focuses on small ticket loans with an average size of Rs 0.18 crore and uses cash flow-based underwriting for micro enterprise clusters. This strategy helps it keep credit costs stable while expanding its loan book. Financially, Aye Finance reported revenue of Rs 843 crore for the half-year ending September 30, up from Rs 692 crore the previous year. The full year FY25 revenue stood at Rs 1,460 crore, with net profit rising sharply to Rs 175 crore from Rs 40 crore in FY23. Axis Capital, IIFL Capital Services, JM Financial, and Nuvama Wealth Management are managing the issue, with KFin Technologies as registrar. The IPO will be offered through the book-building method, reserving up to 75% for qualified institutional buyers and the rest for retail and non-institutional investors. The strong backing from anchor investors is expected to boost the IPO's momentum amid active market conditions and growing interest in profitable NBFC models.