Taxable
Tax Category
26 Jan, 2025
Maturity Date
(3 Mo 7 D to mature)
Quarterly
Interest Payment Frequency
No
NRI Eligibility
26 Jul, 2023
Allotment Date
NA
Put Date
26 Oct, 2024
Next Interest Payment Date
2 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
Aye Finance Pvt. Ltd. is registered with the Reserve Bank of India as a systemically important non-deposit taking NBFC. It provides loans to micro-enterprises in semi-urban areas with an annual turnover of Rs. 10 lakh-1 crores. The company commenced operations in FY2014 and as on December 31, 2022, the company had operations in 20 states/Union Territories through 397 branches.
The ratio in FY24 is 6.15x and it was 8.18x in FY23, indicating decrease in debt levels, due to return on assets of the company improved to 4.8% annualised in 9MFY24 due to healthy internal accruals from business growth and improved asset quality.
Debt/EBITDA
The ratio in FY24 is 1.70x and it was 1.36x in FY23, indicating improvement in issuers debt service ability, because it has raised equity capital from investors such as British International Investment, Waterfield Advisors, and A91 Partners.
Interest coverage ratio
Mar 26, 2024 | Aye Finance Private Limited
Mar 26, 2024 | Aye Finance Private Limited
Sep 20, 2024 | Aye Finance Private Limited
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