Description

AYE Finance Limited announces allocation of 3,52,32,558 equity shares to anchor investors at Rs. 129 per share in its Initial Public Offering.

Summary

AYE Finance Limited (formerly AYE Finance Private Limited, CIN: U65921DL1993PLC283660) announced the allocation of equity shares to anchor investors as part of its Initial Public Offering. The Initial Public Offering Committee, in consultation with Book Running Lead Managers (Axis Capital Limited, IIFL Capital Services Limited, JM Financial Limited, and Nuvama Wealth Management Limited), finalized the allocation on February 6, 2026. A total of 3,52,32,558 equity shares with face value of Rs. 2 each were allocated at an anchor investor allocation price of Rs. 129 per share (including share premium of Rs. 127 per share).

Key Points

  • Total equity shares allocated to anchor investors: 3,52,32,558 shares
  • Anchor investor allocation price: Rs. 129 per equity share
  • Face value per share: Rs. 2
  • Share premium: Rs. 127 per share
  • Book Running Lead Managers: Axis Capital Limited, IIFL Capital Services Limited (formerly IIFL Securities Limited), JM Financial Limited, and Nuvama Wealth Management Limited
  • Allocation finalized by Initial Public Offering Committee on February 6, 2026
  • Major anchor investors include Nippon Life India Trustee Ltd, Bay Pond Partners L.P., Goldman Sachs Funds, HDFC Life Insurance Company Limited, and various other mutual funds and foreign portfolio investors
  • Largest single allocation: 57,36,548 shares to Nippon India Banking & Financial Services Fund (Rs. 74,00,14,692)

Regulatory Changes

No regulatory changes announced. This is a standard disclosure of anchor investor allocation as part of IPO process.

Compliance Requirements

  • Disclosure to BSE Limited and National Stock Exchange of India Limited as per listing requirements
  • Notification of anchor investor allocation details including investor categories, shares applied for, shares allocated, and total investment amounts

Important Dates

  • February 6, 2026: Initial Public Offering Committee meeting held and anchor investor allocation finalized

Impact Assessment

Market Impact: The anchor investor allocation represents a significant milestone in AYE Finance Limited’s IPO process. The allocation of over 3.52 crore shares to institutional investors including mutual funds, foreign portfolio investors, alternative investment funds, and insurance companies demonstrates strong institutional interest in the company.

Investor Categories: The allocation includes diverse institutional investors - Mutual Funds (MF), Foreign Portfolio Investors (FPI), Alternative Investment Funds (AIF), and Insurance Companies (INS), indicating broad-based institutional confidence.

Allocation Pattern: Most anchor investors received 100% allocation of their applications, with only one partial allocation (50.01% to New York State Teachers Retirement System), suggesting strong demand management and adequate anchor book size.

Company Background: AYE Finance Limited, incorporated in 1993, operates in the financial services sector (CIN indicates NBFC category). The company has offices in Gurugram (corporate office) and New Delhi (registered office).

Impact Justification

Standard anchor investor allocation announcement for IPO. Significant for prospective investors but routine procedural disclosure for new listing.