Aye Finance IPO, Feb. 11 -- The IPO of Aye Finance, which received a muted investor response during the first two days of bidding, finally sailed through on the last day of subscription on February 11. By the end of the final day, the issue had received bids for 4.42 crore shares against a total offer size of 4.25 crore shares, translating into an overall subscription of 1.04 times.

Among investor categories, the retail portion was subscribed 0.81 times, while the Qualified Institutional Buyers (QIB) quota was booked 1.62 times. The non-institutional investor (NII) segment saw the weakest response, with subscriptions of just 0.05 times.

The Aye Finance IPO is worth Rs.1,010 crore and comprises a fresh issue of 5.50 crore shares aggregat...