Aye Finance Debuts Flat on Stock Market, Lists at IPO Price

• Aye Finance shares made a flat market debut, listing at ₹129 per share on NSE and BSE, matching its IPO price.
• Grey market trends had indicated a muted start, with the stock quoting at a discount of ₹3.
• The ₹1,010 crore IPO was subscribed 97%, with bids for 4.42 crore shares against 4.55 crore shares on offer.
• The company had set a price band of ₹122-129 per share, valuing it at ₹3,184 crore at the upper end.
• Aye Finance aims to use fresh issue proceeds to strengthen its capital base and support future lending growth.