Aye Finance Raises Rs 454 Cr from Anchor Investors Ahead of IPO Launch

• NBFC Aye Finance secured Rs 454.5 crore from anchor investors before its Rs 1,010-crore IPO opens for public subscription.
• Anchor book saw participation from domestic mutual funds, insurance companies, and foreign portfolio investors.
• Top investors include Nippon India Mutual Fund, Bay Pond Partners, Goldman Sachs Funds, and HDFC Life Insurance Company.
• The company allotted 3.52 crore equity shares to 19 funds at Rs 129 per share, the upper end of the IPO price band.
• IPO opens February 9-11, with a price band of Rs 122-129 per share, valuing the company at Rs 3,184 crore.