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Entity-Specific Rating Rationales

31 Dec 2024

Aye Finance Limited: Provisional [ICRA]AA(SO) assigned to PTC Series A1 and Provisional [ICRA]A+(SO) assigned to Series B PTCs issued by AJANTA 02 TRUST 2024, backed by a pool of unsecured business loans

Aye Finance Limited: Provisional [ICRA]AA(SO) assigned to PTC Series A1 and Provisional [ICRA]A+(SO) assigned to Series B PTCs issued by AJANTA 02 TRUST 2024, backed by a pool of unsecured business loans

06 Dec 2024

Aye Finance (P) Ltd.: Rating reaffirmed and rated amount enhanced

Aye Finance (P) Ltd.: Rating reaffirmed and rated amount enhanced

04 Oct 2024

Aye Finance (P) Ltd.: [ICRA]A (Stable) assigned

Aye Finance (P) Ltd.: [ICRA]A (Stable) assigned

13 Sep 2024

Aye Finance (P) Ltd.: Ratings confirmed as final for PTCs backed by unsecured business loan receivables issued by AJANTA 01 TRUST 2024

Aye Finance (P) Ltd.: Ratings confirmed as final for PTCs backed by unsecured business loan receivables issued by AJANTA 01 TRUST 2024

04 Jul 2024

Aye Finance (P) Ltd.: Rating confirmed as final for PTCs backed by unsecured business loan receivables issued by SBL Thulasi 05 2024

Aye Finance (P) Ltd.: Rating confirmed as final for PTCs backed by unsecured business loan receivables issued by SBL Thulasi 05 2024

04 Jul 2024

Aye Finance (P) Ltd.: Rating confirmed as final for PTCs backed by unsecured business loan receivables issued by SBL Mrinalini 0424

Aye Finance (P) Ltd.: Rating confirmed as final for PTCs backed by unsecured business loan receivables issued by SBL Mrinalini 0424

02 Jul 2024

Aye Finance (P) Ltd.: Provisional [ICRA]AA(SO) assigned to PTC Series A1 and Provisional [ICRA]A+(SO) assigned to Equity PTCs issued by AJANTA 01 TRUST 2024, backed by a pool of unsecured business loans

Aye Finance (P) Ltd.: Provisional [ICRA]AA(SO) assigned to PTC Series A1 and Provisional [ICRA]A+(SO) assigned to Equity PTCs issued by AJANTA 01 TRUST 2024, backed by a pool of unsecured business loans

04 Jun 2024

Aye Finance (P) Ltd.: Provisional [ICRA]AA(SO) assigned to PTC Series A issued by SBL Thulasi 05 2024, backed by a pool of unsecured business loans

Aye Finance (P) Ltd.: Provisional [ICRA]AA(SO) assigned to PTC Series A issued by SBL Thulasi 05 2024, backed by a pool of unsecured business loans

24 May 2024

Aye Finance (P) Ltd.: Rating confirmed as final for PTCs backed by a pool of unsecured business loans issued by SBL Janhavi 24

Aye Finance (P) Ltd.: Rating confirmed as final for PTCs backed by a pool of unsecured business loans issued by SBL Janhavi 24

02 May 2024

Aye Finance (P) Ltd.: Provisional [ICRA]AA(SO) assigned to PTC Series A1 issued by SBL Mrinalini 0424, backed by a pool of unsecured business loans

Aye Finance (P) Ltd.: Provisional [ICRA]AA(SO) assigned to PTC Series A1 issued by SBL Mrinalini 0424, backed by a pool of unsecured business loans


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Entity-Specific Credit Perspective Reports

02 Jan 2025

Aye Finance Limited

Aye Finance Limited (SF)

05 Nov 2024

Aye Finance Limited

Aye Finance Limited (Non-SF)

02 Jul 2024

Aye Finance Limited

Aye Finance Limited (SF)

04 Jun 2024

Aye Finance Limited

Aye Finance Limited (SF)

02 May 2024

Aye Finance Limited

Aye Finance Limited (SF)

01 Apr 2024

Aye Finance Limited

Aye Finance Limited (SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
PTC Series A1 -- -- Provisional [ICRA]AA (SO) --
Series B PTCs -- -- Provisional [ICRA]A+ (SO) --
Long term Bank facilities – Unallocated -- -- [ICRA]A(Stable) --
PTC Series A1 -- -- [ICRA]AA(SO) --
Series B PTCs -- -- [ICRA]A+(SO) --
PTC Series A1 -- -- [ICRA]AA(SO) --
PTC Series A -- -- [ICRA]AA(SO) --
PTC Series A -- -- [ICRA]AA(SO) --
Market Linked Non-Convertible Debenture -- -- Withdrawn --
Non-Convertible Debentures -- -- Withdrawn --

Our Analysts

Analyst 1

Ritu Rita

Analyst 2

Gaurav Mashalkar

Sector Head

Abhishek Dafria
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