Tue, December 17, 2024
[ Tue, Dec 17th 2024 ]: Finance & Commerce
Chaska advances Beckman Coulter expansion plans
[ Tue, Dec 17th 2024 ]: inc42
Aye Finance Files DRHP For INR 1,450 Cr IPO
[ Tue, Dec 17th 2024 ]: MSNBC
Meet Forbes Media's first female CEO in the company's 107-year history
[ Tue, Dec 17th 2024 ]: Moneyweb
Understanding PE multiples: The sub-10 and over-20 clubs
[ Tue, Dec 17th 2024 ]: MarketWatch
How do the rich give away their money? With a smart strategy.
[ Tue, Dec 17th 2024 ]: Investopedia
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[ Tue, Dec 17th 2024 ]: Think Advisor
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[ Tue, Dec 17th 2024 ]: WPBF
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[ Tue, Dec 17th 2024 ]: cnbctv18
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[ Tue, Dec 17th 2024 ]: News Tribune
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[ Tue, Dec 17th 2024 ]: Kiplinger
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[ Tue, Dec 17th 2024 ]: The New Zealand Herald
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[ Tue, Dec 17th 2024 ]: Techzim
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[ Tue, Dec 17th 2024 ]: Reuters
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[ Tue, Dec 17th 2024 ]: AOL
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[ Tue, Dec 17th 2024 ]: Business Daily Africa
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[ Tue, Dec 17th 2024 ]: Outlookindia
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[ Tue, Dec 17th 2024 ]: bnnbloomberg
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[ Tue, Dec 17th 2024 ]: The Globe and Mail
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[ Tue, Dec 17th 2024 ]: Wall Street Journal
Financial Services Roundup: Market Talk
[ Tue, Dec 17th 2024 ]: CTV News
Postal employees head back to work as union challenges intervention in strike
[ Tue, Dec 17th 2024 ]: The New York Times
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[ Tue, Dec 17th 2024 ]: France 24
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[ Tue, Dec 17th 2024 ]: ThePrint
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[ Tue, Dec 17th 2024 ]: Business Standard
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[ Tue, Dec 17th 2024 ]: Business Today
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[ Tue, Dec 17th 2024 ]: Business Line
Zomato's global finance head Hemal Jain quits
[ Tue, Dec 17th 2024 ]: BBC
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[ Tue, Dec 17th 2024 ]: Forbes
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[ Tue, Dec 17th 2024 ]: Daily Sabah
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[ Tue, Dec 17th 2024 ]: Yahoo Finance
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[ Tue, Dec 17th 2024 ]: The Daily Telegraph
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[ Tue, Dec 17th 2024 ]: MSN
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Mon, December 16, 2024
[ Mon, Dec 16th 2024 ]: moneycontrol.com
Alphabet, Elevation Capital, LGT-backed Aye Finan .. Rs 1,450-crore IPO, files draft papers with SEBI
[ Mon, Dec 16th 2024 ]: Forbes
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[ Mon, Dec 16th 2024 ]: The New Zealand Herald
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[ Mon, Dec 16th 2024 ]: bnnbloomberg
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[ Mon, Dec 16th 2024 ]: Bloomberg L.P.
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[ Mon, Dec 16th 2024 ]: Yahoo Finance
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[ Mon, Dec 16th 2024 ]: Finance & Commerce
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[ Mon, Dec 16th 2024 ]: Reuters
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[ Mon, Dec 16th 2024 ]: The Verge
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[ Mon, Dec 16th 2024 ]: inc42
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[ Mon, Dec 16th 2024 ]: India Today
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[ Mon, Dec 16th 2024 ]: Business Standard
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[ Mon, Dec 16th 2024 ]: MSN
Zomato's global finance head Hemal Jain resigns
[ Mon, Dec 16th 2024 ]: Rolling Out
A specialist's challenge balancing career and finances

Gurugram-based MSME lender Aye Finance Limited files DRHP with SEBI for ?1,450 crore IPO

Aye Finance has demonstrated strong financial performance, reporting a 291.5% surge in profit after tax (PAT) from ₹43.9 crore in FY2023 to ₹171.7 crore in FY2024.
Aye Finance Limited, a Gurugram-based micro, small, and medium enterprises (MSME) lender, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). The IPO aims to collect up to ₹1,450 crore, which includes a fresh issue of equity shares worth ₹600 crore and an offer for sale (OFS) of shares amounting to ₹850 crore by existing shareholders. The company plans to use the net proceeds from the fresh issue to augment its capital base to meet future capital requirements and for general corporate purposes. The OFS will see shares sold by promoters and investors like Elevation Capital, Aavishkaar Capital, and others. Aye Finance specializes in providing credit solutions to small businesses, particularly those underserved by traditional banking systems, and has been operational since 2014.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/economy/gurugram-based-msme-lender-aye-finance-limited-files-drhp-with-sebi-for-1-450-crore-ipo/ar-AA1w0ozV ]