Aye Finance Ltd. makes a weak debut on the bourses with scrip got listed at Rs 0.00 on the Bombay Stock Exchange, a 100.00 per cent discount to its issue price of Rs 129.00. On the National Stock Exchange, the stock was listed at Rs 129.00.

The company, which raised 7.83 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 782.95 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Feb 09 to Feb 11.

Following a weak opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Axis Capital Ltd.,JM Financial Ltd.,IIFL Capital Services Limited,Nuvama Wealth Management Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 82,626.76, down 1,048.16 points, or 1.25 per cent.