Aye Finance’s initial public offering is experiencing a subdued response. The Rs 1,010 crore issue opened to muted investor interest, with low subscription rates on its first day. Grey market premiums are flat, indicating limited expectations for immediate listing gains. Retail investors show some interest, but institutional buyers remain hesitant. The IPO closes on February 11.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets