Alphabet-backed NBFC Aye Finance to launch ₹1,010-cr IPO on Feb 9

Gurugram-based NBFC Aye Finance, which is backed by Elevation Capital and Alphabet, will launch its ₹1,010 crore IPO on February 9. The IPO comprises a ₹710 crore fresh equity issue and an offer-for-sale of ₹300 crore worth of shares by five shareholders. The anchor book will open on February 6, while the public issue will close on February 11.