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Aye Finance’s initial public offering (IPO) got off to a slow start on the first day of bidding, with the issue subscribed 3% as of 13:09 IST
The IPO failed to attract any interest from qualified institutional buyers (QIBs), with the segment getting zero bids against 2.48 Cr shares reserved for the category
Meanwhile, retail investors’ placed bids for 14.98 Lakh shares against 82.78 Lakh shares on offer, translating to 18% subscription
NBFC Aye Finance’s initial…
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Aye Finance’s initial public offering (IPO) got off to a slow start on the first day of bidding, with the issue subscribed 3% as of 13:09 IST
The IPO failed to attract any interest from qualified institutional buyers (QIBs), with the segment getting zero bids against 2.48 Cr shares reserved for the category
Meanwhile, retail investors’ placed bids for 14.98 Lakh shares against 82.78 Lakh shares on offer, translating to 18% subscription
NBFC Aye Finance’s initial…
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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