Corporate Governance23 Oct 2026, 06:50 pm
Aye Finance IPO Proceeds Monitoring Report for Q2 FY27
AI Summary
Aye Finance Ltd has received the monitoring agency report from Crisil Ratings Limited for the quarter ended September 30, 2026. This report details the utilization of proceeds raised through its Initial Public Offering (IPO). The company raised ₹7,100.00 million (₹710 Crore) in its IPO, with net proceeds of ₹6,722.42 million (₹672.24 Crore) after issue expenses. The report confirms no deviation from the stated objects of the issue. The findings have been placed before the Audit Committee and the Board of Directors and are also available on the company's website.
Key Highlights
- Monitoring agency report received for Q2 FY27 from Crisil.
- Report covers utilization of IPO proceeds.
- No deviation from the objects of the issue.
- Gross IPO proceeds were ₹7,100 million (₹710 Crore).
- Report reviewed by Audit Committee and Board.
Price Impact
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