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July 28, 2010 - August 2, 2010

SKS Microfinance IPO FAQ

SKS Microfinance IPO Date & Price

The SKS Microfinance IPO opens on July 28, 2010 and closes on August 2, 2010.

Sorry the SKS Microfinance IPO timelines are not available at this time.

SKS Microfinance IPO price is set at ₹985 per equity share.

SKS Microfinance IPO will close for subscription at 5 PM on August 2, 2010. But most brokers stop accepting application between 1 PM to 3 PM.

The SKS Microfinance IPO starts on July 28, 2010. The issue ends on August 2, 2010.

SKS Microfinance IPO Issue Size and Subscription Status

The SKS Microfinance IPO size is 16791579 Equity Shares of ₹10 aggregating up to ₹1,628.78 Cr.

SKS Microfinance Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for SKS Microfinance IPO shares through the banks (using ASBA) or through the broker (using UPI).

SKS Microfinance IPO Offer Size

Qualified Institutional Buyers (QIB)7,052,464 Shares
Non-Institutional Investors (NII)1,679,157 Shares
Retail Individual Investor (RII)5,037,474 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size13,769,095 Shares

SKS Microfinance IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)20.38 times times
Non-Institutional Investors (NII)18.26 times times
Retail Individual Investor (RII)2.81 times times
Employee Reservations times
Other Reservations times
Total Issue Size13.69 times times

Click here to check the SKS Microfinance IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in SKS Microfinance IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check SKS Microfinance IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

SKS Microfinance IPO Allotment and Listing

The tentative date for SKS Microfinance IPO allotment status is not available at this time. You can check the SKS Microfinance IPO Allotment Status as soon as it is available.

Click here to check SKS Microfinance IPO Allotment Status.

SKS Microfinance IPO listing Date is August 16, 2010. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The SKS Microfinance IPO listing date and time is published by the exchange in a circular.

Click here to view the SKS Microfinance IPO Basis of Allotment.

It is hard to say at what price SKS Microfinance IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The SKS Microfinance IPO shares will list on August 16, 2010 at BSE, NSE.

SKS Microfinance IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about SKS Microfinance IPO which could help you with questions like SKS Microfinance IPO buy or not? You should also read SKS Microfinance IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

SKS Microfinance IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the SKS Microfinance IPO performance. The performance reports are available 1 day after listing.