Aye Finance: Crisil reports no deviation in IPO proceeds utilization

Aye Finance Ltd. has submitted the Monitoring Agency Report from Crisil Ratings Limited for the quarter ended March 31, 2026. The report, mandated by SEBI regulations, details the utilization of proceeds from the company's Initial Public Offering (IPO). Crisil Ratings, acting as the monitoring agency, declared "Not applicable" for both "Deviation from the objects" and "Range of Deviation," indicating that the IPO proceeds are being utilized as per the stated objectives. The IPO, which took place from February 09-11, 2026, had a gross issue size of Rs 7,100.00 million.