India, Feb. 6 -- Ahead of the commencement of the bidding for its public issue on February 9, MSME-focussed NBFC Aye Finance has raised INR 454.5 Cr from anchor investors.
The company allotted 3.52 Cr equity shares to anchor investors at a price of INR 129 per share, the upper band of its price spectrum.
Of the total, 76.74 Lakh shares, or 21.8% of the total anchor round, were picked up by two domestic mutual funds through four schemes. The domestic mutual funds that led Aye Finance's anchor round were Bank of India and Nippon Life India.
Other investors who participated in the round included Goldman Sachs, Societe Generale, BNP Paribas, New York State Teachers Retirement System, Ashoka India, among others.
With this, the company's IP...
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