Aye Finance IPO Opens Today: ₹1,010 Crore Issue Details, Price Band, GMP

• Aye Finance's ₹1,010 crore IPO for MSME-focused NBFC opens today, February 9, closing on February 11.
• The issue is priced between ₹122 to ₹129 per share, with investors bidding in lots of 116 shares.
• Company raised ₹454.5 crore from anchor investors including Bank of India, Nippon Life India, and Goldman Sachs.
• IPO comprises a fresh issue of ₹710 crore and an offer for sale of ₹300 crore by existing shareholders.
• SBI Securities recommends 'Avoid' due to high credit costs and profit decline, while Sushil Finance suggests 'Invest for the long term'.