Alpha Wave Sells 7.78% Aye Finance Stake for ₹410 Cr

Aye Finance witnessed significant bulk deal activity on the BSE on August 27, 2026, as existing investor Alpha Wave India I LP fully divested its 7.78% stake. The transactions, involving multiple institutional players, exceeded a gross value of ₹410 crore.

Alpha Wave India I LP, previously an existing investor, emerged as the primary seller, offloading a substantial number of shares across two distinct transactions.

• The divestment involved approximately 1.92 crore shares in total.
• Shares were sold at prices of ₹168.02 and ₹168.19 per share.

This significant divestment likely represents Alpha Wave India I LP’s entire 7.78% stake in Aye Finance, marking a complete exit for the existing investor.

Key Acquisitions by Funds

The bulk deal activity saw several key institutional players step in to acquire stakes in Aye Finance, indicating renewed investor interest.

• Singularity Large Value Fund III acquired 14,88,100 shares at ₹168 per share.
• Integrated Core Strategies Pte purchased 23,80,960 shares at ₹168 per share.
• F3 Advisors Private Limited purchased 14,59,505 shares at ₹169.23, while also selling 74,505 shares at ₹173.88.

Aye Finance Shareholding and Market Performance

Aye Finance’s shareholding pattern highlights a substantial public presence, with foreign entities playing a crucial role within this category.

• Public shareholders hold 99.27% of the company.
• Elevation Capital V holds 12.59%.
• LGT Capital Invest Mauritius PCC holds 10.05%.
• British International Investment holds 7.40%.
• CapitalG LP holds 5.39%.
• IMP2 Assets Pte. Ltd. holds 5.53%.

Following the bulk deal transactions, Aye Finance shares closed 2.48% higher at ₹177.12 on Wednesday. The stock has demonstrated strong momentum, gaining over 6% in the last month and more than 37% since the start of the year.