CosmicTaco

SEBI Greenlights IPOs for BlueStone, Aye Finance

CosmicTaco · 2025-04-09T11:19:08.543308+05:30

- SEBI has approved the IPOs for jewellery startup BlueStone and NBFC Aye Finance. - Observation letters were issued on April 1 for BlueStone and April 3 for Aye Finance. - BlueStone's IPO is valued at INR 1,000 Cr, filed on December 12, while Aye Finance's IPO is for INR 1,450 Cr, filed on December 17. - The market regulator continues to review IPO filings for PhysicsWallah and DevX. - This approval signifies that SEBI has no immediate concerns with the companies' draft red herring prospectuses, allowing them to proceed with their offerings. Source: [Inc42](https://inc42.com/buzz/bluestone-aye-finance-get-sebi-nod-for-their-ipos/)

SEBI has approved the IPOs for jewellery startup BlueStone and NBFC Aye Finance.
Observation letters were issued on April 1 for BlueStone and April 3 for Aye Finance.
BlueStone's IPO is valued at INR 1,000 Cr, filed on December 12, while Aye Finance's IPO is for INR 1,450 Cr, filed on December 17.
The market regulator continues to review IPO filings for PhysicsWallah and DevX.
This approval signifies that SEBI has no immediate concerns with the companies' draft red herring prospectuses, allowing them to proceed with their offerings.

Source: Inc42