Aye Finance Raises Rs 454 Crore from Anchor Investors Ahead of IPO, Goldman Sachs Participates.

Aye Finance, backed by Alphabet, has raised Rs 454 crore from anchor investors ahead of its Rs 1,010 crore IPO. The company allocated equity shares at Rs 129 per share, the upper end of its price band, with Goldman Sachs, Societe Generale, HDFC Life, and others participating in the anchor book. Aye Finance specializes in small-ticket loans to micro-scale MSMEs and has reported revenue from operations of Rs 843 crore for H1FY23 and a net profit of Rs 175 crore for FY25.