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Aye Finance Ltd IPO Explained | NBFC IPO Focused on MSME Lending | Apply or Skip?

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Aye Finance Ltd is bringing an NBFC IPO to the markets — focused on micro and small businesses that traditional banks often ignore.

From kirana stores and chaiwalas to small factory owners, Aye Finance lends to MSMEs and first-time borrowers who struggle with documentation or credit history. With small ticket loans and wide geographic reach, the company operates at the grassroots level of India’s economy.

In this video, we break down:

1. What Aye Finance Ltd actually does
2. Its MSME lending business model
3. AUM growth and profitability trends
4. Rising Gross NPA risk and what it means
5. Comparison with peers like SBFC Finance and Five Star Business Finance
6. Valuation metrics and key risks investors should know

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The company has shown:
~2x AUM growth in 2 years
~4x profit growth since FY23

Expanding customer base across semi-urban India

But with high growth also comes credit risk, especially with first-time borrowers and informal businesses.

Aye Finance Ltd IPO – Applying or Skipping?
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