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Aye Finance raises Rs 140 crore via NCDs

29 Jun 2026 Evaluate

Aye Finance has raised Rs 140 crore through the allotment of 14,000 Non-Convertible Debentures (NCDs) having a face value of Rs 1,00,000 each to Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), on private placement basis. The Securities Allotment Committee of Board of Directors of the company on June 25, 2026, through Resolution by Circulation has approved allotment of the same. 

Aye Finance is a NBFC-ML focused on providing loans to MSMEs across India. The company offers a range of business loans for working capital and business expansion needs, against hypothecation of working assets or against security of property to customers across manufacturing, trading, service and allied agriculture sectors.

Peers
Company Name CMP
Bajaj Finance 1027.00
Shriram Finance 1005.00
Aditya Birla Capital 400.10
Tata Capital 350.90
Chola Invest & Fin. 1778.60
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