Aye Finance Secures Approval for $15 Million Fundraising via NCDs
Aye Finance jumps as board OKs raising $15 mln via NCDs

Image: Business Standard
Aye Finance's stock rose 3.65% to ₹144.65 after the board approved raising up to $15 million through non-convertible debentures. The NCDs will have a five-year tenure, with interest paid semi-annually, and are aimed at supporting micro-scale MSMEs across India.
- 01Aye Finance plans to raise up to $15 million through non-convertible debentures (NCDs).
- 02The NCDs will have a face value of ₹1 lakh each and a tenure of five years.
- 03The company's standalone net profit surged 111.08% to ₹85.91 crore in Q4 FY26 compared to Q4 FY25.
- 04Aye Finance operates across 18 states and 3 union territories, focusing on loans for micro-scale MSMEs.
- 05The company's assets under management (AUM) grew 27% year-on-year to ₹7,044 crore.
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Aye Finance's share price increased by 3.65% to ₹144.65 following the board's approval to raise up to $15 million through non-convertible debentures (NCDs). The company plans to issue senior, secured, rated, listed, redeemable, and transferable NCDs with a face value of ₹1 lakh each, which will be listed on the Wholesale Debt Market segment of the Bombay Stock Exchange (BSE). These debentures will have a five-year tenure, with interest paid semi-annually and the principal amount redeemed in five equal installments. Aye Finance, a non-banking financial company (NBFC), primarily provides loans to micro-scale micro, small, and medium enterprises (MSMEs) across India. In the fourth quarter of fiscal year 2026, the company's standalone net profit rose by 111.08% to ₹85.91 crore, supported by a 29.16% increase in revenue from operations, totaling ₹528.44 crore. The assets under management grew by 27% year-on-year, reaching ₹7,044 crore, with 70,841 new borrowers added during the quarter.
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The fundraising will enhance Aye Finance's capacity to provide loans to MSMEs, potentially boosting local businesses.
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