Aye Finance Ltd has fixed the price band of Rs 122/- to Rs 129/- per Equity Share of face value Rs 2/- each for its maiden initial public offer. The Initial Public Offering(“IPO” or “Issue”) of the Company will open on Monday, February 9, 2026, for subscription and closeon Wednesday, February 11, 2026. Investors can bid for a minimum of 116 Equity Shares and inmultiples of 116 Equity Shares thereafter. Equity shares outstanding as on date are 191,745,507 EquityShares of Rs 2 each.The IPO is a fresh issue of up to Rs 710 crore and an offer-for-sale for up to Rs 300 crore by investors –Alpha Wave India I LP, MAJ Invest Financial Inclusion Fund II K/S, CapitalG LP, LGT Capital InvestMauritius PCC with Cell E/VP, and Vikram Jetley.The company is a non-banking financial company – middle layer (NBFC-ML) focused on providing loansto micro- scale micro, small and medium enterprises (MSMEs) across India. It offers a range of businessloans for working capital and business expansion needs, against hypothecation of working assets oragainst security of property to customers across manufacturing, trading, service and allied agriculturesectors.The company is among the leading non-banking financial companies (NBFCs) providing business loansto the largely underserved micro scale enterprises in India, with 586,825 active unique customersacross 18 states and 3 union territories and with assets under management (AUM) of Rs 60,276.22million, as of September 30, 2025. (source – CRISIL Report) The company offers small-ticket business loans with an average ticket size (ATS) on disbursement of Rs 0.18 million to micro enterprises. Its expertise in underwriting business cash flows of a variety of business clusters has enabled it to maintain stable credit costs and allowed it to profitably scale up our operations.