SEBI Okays BlueStone & Aye Finance IPOs, And More

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BlueStone, Aye Finance’s IPOs Get SEBI Nod 

Amid a global stock market churn, including in India, markets regulator SEBI has approved the IPO plans of omnichannel jewellery brand BlueStone and MSME-focussed NBFC Aye Finance. 

IPO Details At A Glance: BlueStone’s IPO comprises a fresh issue of shares worth up to INR 1,000 Cr and an OFS component of 2.4 Cr equity shares. Meanwhile, Aye Finance’s offer includes a fresh issue of INR 885 Cr and an OFS of INR 565 Cr. The NBFC plans to use the fresh proceeds to fuel loan book…



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SEBI Okays BlueStone & Aye Finance IPOs, And More


BlueStone, Aye Finance’s IPOs Get SEBI Nod 

Amid a global stock market churn, including in India, markets regulator SEBI has approved the IPO plans of omnichannel jewellery brand BlueStone and MSME-focussed NBFC Aye Finance. 

IPO Details At A Glance: BlueStone’s IPO comprises a fresh issue of shares worth up to INR 1,000 Cr and an OFS component of 2.4 Cr equity shares. Meanwhile, Aye Finance’s offer includes a fresh issue of INR 885 Cr and an OFS of INR 565 Cr. The NBFC plans to use the fresh proceeds to fuel loan book…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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