Aye Finance Launches 1, 010 Crore IPO
Aye Money, a non-banking financial company concentrated on MSME loaning, has released its 1, 010 crore IPO. Registrations are open from February 9 th to 11 th, with anchor investor allotment on February 6 th.
- Rate Band: 122 -129 per share (stated value of2
- Whole lot Dimension: 116 shares.
- Reservation: QIB (75 %), NII (15 %), Retail (10 %).
- Goal: Funds will certainly support future capital needs for business growth.
- Listing: Tentatively set up for February 16 th on BSE and NSE.
The IPO consists of a fresh problem of 710 crore and a 300 crore sell by existing investors. The business reported a revenue of 175 3 crore for FY 24
