Alphabet-backed Aye Finance raises Rs 454 crore from major investors ahead of its IPO; Goldman Sachs main investor

Alphabet-backed Aye Finance has raised Rs 454 crore from major investors ahead of its IPO, which opens for public subscription on February 9, lending strong institutional backing to the NBFC, focused on micro-SME lending.The company informed the stock exchanges that it had allotted shares to investors at Rs 129 per share, the top end of […]

IPO calendar: 3 issues worth Rs 3,871 crore to open next week as Fractal and Aye Finance hit the market

India’s primary market is set for an active week, with three companies looking to raise a cumulative Rs 3,871 crore through initial public offerings taking place between February 9 and 16. The spotlight will be firmly on two mainboard issues: Fractal Analytics and Aye Finance, which together account for the bulk of the fundraising.Fractal Analytics […]