Crisil monitoring report confirms on-track use of IPO proceeds
AYE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crisil filed its monitoring report on Aye Finance IPO proceeds for Q1 FY27 (ended June 30, 2026). The NBFC raised Rs 7,100 million in Feb 2026. During the quarter, Rs 1,700 million was used for onward lending and Rs 151.28 million for issue expenses. Cumulative use is Rs 6,873.70 million; Rs 226.30 million remains in HDFC Bank public offer account. No deviations from objects. Note flags Rs 1,700 million from redeemed FDs went via current accounts instead of the monitoring account, but was fully used.
Routine regulatory filing. No deviations observed. Investors get comfort that IPO funds are being used as disclosed. FD routing note is a minor compliance flag, not material.