New Delhi, Feb. 9 -- The Aye Finance IPO subscription period is scheduled to commence on Monday, February 9, and will end on Wednesday, February 11. The allocation for anchor investors for the Aye Finance IPO is likely to take place on Friday, February 6. Aye Finance IPO price band has been set between Rs.122 and Rs.129 per equity share, with a face value of Rs.2.

Founded in 1993, Aye Finance Limited is a non-banking financial company (NBFC) that offers both secured and unsecured small business loans targeting working capital needs, including mortgage loans and 'Saral' Property Loans, as well as hypothecation loans, primarily aimed at micro-scale MSMEs.

The firm offers business loans aimed at facilitating business growth, secured by wor...