Aye Financing Launches 1, 010 Crore IPO
Aye Money, a non-banking monetary firm focused on MSME loaning, has launched its 1, 010 crore IPO. Registrations are open from February 9 th to 11 th, with anchor investor appropriation on February 6 th.
- Cost Band: 122 -129 per share (stated value of2
- Great deal Size: 116 shares.
- Booking: QIB (75 %), NII (15 %), Retail (10 %).
- Purpose: Funds will certainly support future funding demands for service expansion.
- Listing: Tentatively scheduled for February 16 th on BSE and NSE.
The IPO consists of a fresh concern of 710 crore and a 300 crore market by existing shareholders. The firm reported a revenue of 175 3 crore for FY 24