Founded in 2014 by Sanjay Sharma and Vikram Jetley, Aye Finance Limited is a systemically important mid-layer Non-Banking Financial Company (NBFC). It recently transitioned to the public markets with an IPO in February 2026. The company specializes in providing collateral-free and secured business loans to underserved micro, small, and medium enterprises (MSMEs) in the unorganized sector. A key differentiator is its unique "cluster-based" underwriting model, which assesses risk by deeply understanding the specific business clusters and supply chains its clients operate in.
Aye Finance IPO lists flat on NSE, BSE — here's what the MD has to say
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19 weeks ago
Non-banking financial company (NBFC) Aye Finance Ltd. listed flat in its stock market debut on Monday. The stock opened at Rs 129 on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), compared to the issue price of Rs 129.