Alphabet-backed Aye Finance IPO opens today: GMP slips to 0 – Should you Subscribe or Avoid?
Aye Finance IPO opened on February 09. The bidding closes on February 11, and the company aims to raise Rs 1,010 crore. The issue is a combination of 5.50 crore fresh shares aggregating to Rs 710 crores and an offer for sale of 2.33 crore shares amounting to Rs 300 crores. The company has set the price band between Rs 122 and Rs 129 per equity share.
Aye Finance IPO: GMP
The shares of Aye Finance were trading at nil in the grey market. It has been on a downward trend for the past one week, showing little to no investor interest in the stock.
