66  Total SME IPOs listed in 2025

2,771.83 Crs.  Total funds raised in 2025

44  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

66  Total SME IPOs listed in 2025

2771.83 Crs.  Total funds raised in 2025

44  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

66  Total SME IPOs listed in 2025

2771.83 Crs.  Total funds raised in 2025

44  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

66  Total SME IPOs listed in 2025

2771.83 Crs.  Total funds raised in 2025

44  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

Aye Finance Limited IPO Analysis

Aye Finance IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in New Delhi and caters to Banking And Finance sector. Axis Capital , Iifl Securities , Jm Financial , Nuvama Wealth Management are the merchant bankers of Aye Finance IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th December 2024.

Aye Finance IPO posted revenues of ₹ 782.18 crores and PAT of ₹ 117.60 crores in FY25 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 1,280.48 Cr.
            EBITDA: ₹ 766.26 Cr.
            PAT: ₹ 213.86 Cr.
  • EBITDA Margin: 59.84 %
            Pat Margin: 16.70 %
  • Net Worth: ₹ 1596.63 Cr.
  • Market Capitalisation: [●]
  • P/E: [●]
  • P/BV: [●]
  • EV/EBITDA: [●]
Nature of IPO : MainBoard Upcoming
Exchange : BSE,NSE
IPO Type : Book Building

Aye Finance IPO Financial Performance (Restated)

Financial results of Aye Finance IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Sep-24 FY24 FY23 FY22
Balance Sheet
Assets 5811.51 4837.05 3129.46 2315.64
Net Worth 1596.63 1236.11 757.95 705.41
Total Debt 4038.10 3498.99 2296.16 1520.74
Profit & Loss
Revenue
Revenue on annualised basis
640.24
1,280.48
948.69 566.49 409.86
EBITDA
EBITDA on annualised basis
383.13
766.26
568.93 280.80 101.11
PAT
PAT on annualised basis
106.93
213.86
171.27 46.84 -50.37
Financials
30-Sep-24
FY24
FY23
FY22
Balance Sheet
Assets
5811.51
4837.05
3129.46
2315.64

Net Worth
1596.63
1236.11
757.95
705.41

Total Debt
4038.10
3498.99
2296.16
1520.74

Profit & Loss
Revenue
Revenue on annualised basis
640.24
1,280.48
948.69
566.49
409.86

EBITDA
EBITDA on annualised basis
383.13
766.26
568.93
280.80
101.11

PAT
PAT on annualised basis
106.93
213.86
171.27
46.84
-50.37

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Aye Finance IPO Key performance Indicators (KPI)

Aye Finance IPO PAT Margin is 16.70 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Aye Finance IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Sep-24 FY24 FY23 FY22
EBITDA Margin (%) 59.84 59.97 49.57 24.67
PAT Margin (%) 16.70 18.05 8.27 -12.29
EPS (₹) 6.09 10.62 2.83 -3.31
ROE (%) 6.70 13.86 6.18 -7.14
ROCE (%) [●] [●] [●] [●]
ROA (%) 1.84 3.54 1.50 -2.18
Debt to Equity 2.53 2.83 3.03 2.16
Particulars
30-Sep-24
FY24
FY23
FY22

EBITDA Margin (%)
59.84
59.97
49.57
24.67

PAT Margin (%)
16.70
18.05
8.27
-12.29

EPS (₹)
6.09
10.62
2.83
-3.31

ROE (%)
6.70
13.86
6.18
-7.14

ROCE (%)
[●]
[●]
[●]
[●]

ROA (%)
1.84
3.54
1.50
-2.18

Debt to Equity (x)  
2.53
2.83
3.03
2.16

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Aye Finance IPO Valuation Metrics

The market Capitalisation of Aye Finance IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
[●]

Enterprise Value (EV) (₹ Cr.):
[●]

EV/EBITDA (times) :
[●]

PE Multiple (times) :
[●]

P/B (times) :
[●]

NAV (₹) :
90.24

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Aye Finance prospectus?

The Aye Finance IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Aye Finance IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Aye Finance IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Aye Finance IPO ?

The post-IPO market capitalisation of Aye Finance IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Aye Finance IPO?

The Aye Finance IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Aye Finance IPO?

Aye Finance IPO reported revenue of ₹ 782.18 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Aye Finance IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Aye Finance IPO?

Aye Finance recorded an EBITDA of ₹ 766.26 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Aye Finance IPO?

Aye Finance Profit After Tax (PAT) is ₹ 213.86 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 1,280.48 Cr.
            EBITDA: ₹ 766.26 Cr.
            PAT: ₹ 213.86 Cr.
  • EBITDA Margin: 59.84 %
            Pat Margin: 16.70 %
  • Net Worth: ₹ 1596.63 Cr.
  • Market Capitalisation: [●]
  • P/E: [●]
  • P/BV: [●]
  • EV/EBITDA: [●]

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Aye Finance operates in Banking And Finance and . The Issue is listed on BSE,NSE in May, 2025. Aye Finance IPO size was with Issue price of .

Merchant Banker(s) of Aye Finance IPO: Axis Capital Limited , Iifl Securities Limited , Jm Financial Limited , Nuvama Wealth Management Limited

Aye Finance IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Aye Finance IPO listed at a listing price of against the offer price of .

The current market price of Aye Finance is .

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