FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Track all the latest updates and news of SKS Microfinance IPO.
December 11, 2016 4:13:00 PM
Vikram Akula�s MFI, SKS Microfinance, came under fire after it profited significantly from an IPO In the early days of microfinance, the industry�s focus rested primarily on micro lending � which was ...
Published by : World FinanceNovember 5, 2015 1:18:00 PM
A collection of the most-viewed Moneycontrol videos. Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting ...
Published by : moneycontrol.comFebruary 13, 2024 6:50:00 AM
Bangalore: SKS Microfinance, a Hyderabad based Microfinance institution has raised Rs 75 crore by issuing one year non-convertible debentures (NCD) at a coupon rate of 10 percent. The NCDs are listed ...
Published by : SiliconIndiaOctober 2, 2023 5:13:00 AM
SKS becomes the second microfinance institution to sell shares of the company to the public, prompting Yunus to make this derisive comment in Microfinance Focus: �The concern is that when you put an ...
Published by : ssir.orgApril 15, 2024 3:30:00 AM
Lossmaking young tech start-ups are advised to approach IPO roadshows with an eye-catching tale of future growth and some flattering numbers to back it up. In 2024, that is not happening.
Published by : The Financial TimesMarch 11, 2024 8:08:00 PM
Together, the stock sales would be worth about $748 million, with Reddit raising about $519 million for the company through the IPO. Based on its total number of shares outstanding, the ...
Published by : MSNMarch 21, 2024 1:36:00 AM
The price of the IPO will benefit Reddit�s largest shareholders, including co-founder Steve Huffman�who has a 3.3% stake in the company, according to the New York Times�Conde Nast�s parent ...
Published by : ForbesFebruary 14, 2024 6:34:00 AM
Asirwad Microfinance IPO: Asirwad Microfinance the subsidiary of listed NBFC Manappuram Finance filed a draft red herring prospectus (DRHP) with market regulator Sebi to raise Rs 1,500 crore via ...
Published by : MSNSeptember 30, 2016 3:11:00 AM
Bravo recently took part in a first-of-its-kind initial public offering (IPO), purchasing 25 shares in the Market Creek shopping center at $10 per share. Market Creek Plaza�s developer, the Jacobs ...
Published by : ssir.orgMarch 21, 2024 3:43:00 AM
Social media platform Reddit, priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO ...
Published by : New York PostMarch 23, 2024 6:40:00 AM
Shares of the social media company soared on its Big Board debut under the ticker RDDT, closing at $50.44, or 48 percent above its IPO price. This brought its fully diluted market capitalization ...
Published by : Ars TechnicaApril 10, 2024 11:30:00 AM
The Japanese owner of 7-Eleven, Seven & i Holdings, is considering listing its superstore business as part of efforts to focus on its convenience-store segment. The company, which also owns other ...
Published by : Wall Street JournalSKS Microfinance Ltd IPO will list on Monday, August 16, 2010. Issue price of this IPO has been fixed at Rs 985/- per share. IPO was oversubscribed by 13.69 times (2.81 times in retail).
IPO Listing Detail
Listing Date: Monday, August 16, 2010
BSE Scrip Code: 533228
NSE Symbol: SKSMICRO
Listing In: 'B' Group of Securities
ISIN: INE180K01011
Issue Price: Rs. 985.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share
SKS Microfinance Ltd IPO allotment status is now available online.
SKS Microfinance IPO was open on Jul 28, 2010 and closed on Aug 02, 2010. IPO was oversubscribed by 13.69 times (2.81 times in retail).
SKS Microfinance Ltd IPO subscribed 0.18 times on its day 1. SKS Microfinance IPO opens today on Jul 28, 2010 and will close on Aug 02, 2010 for subscription. SKS Microfinance has received bids for 25,33,587 shares as against issue size of 1,37,69,095 shares.
Oversubscription detail for Day 1
Qualified Institutional Buyers (QIBs): 0.34 Times
Non Institutional Investors: 0.05 Times
Retail Individual Investors (RIIs): 0.02 Times
Total: 0.18 Times
SKS Microfinance Ltd is entering in the capital markets with an initial public offering, IPO of 1,67,91,579 equity shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 850/- at lower level and Rs 985/- at upper level for equity share of Rs 10/-.
SKS Microfinance Ltd is the largest MFI in India in terms of total value of loans outstanding, number of borrowers, who they call members, and number of branches, according to the October 2009 CRISIL report titled India Top 50 Microfinance Institutions, or the CRISIL Report. SKS Microfinance is a non-banking finance company, or NBFC, registered with and regulated by the Reserve Bank of India, or RBI. They are engaged in providing microfinance services to individuals from poor segments of rural India.
The issue opens on Jul 28, 2010, and closes for subscription on Aug 02, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The SKS Microfinance IPO is proposed to open on July 28, 2010. The IPO application ends on August 2, 2010.
Retail investors can apply in the retail or non-institutional investor category from July 28, 2010 to August 2, 2010. The SKS Microfinance IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The SKS Microfinance IPO will open for subscription on July 28, 2010. The public issue will close on August 2, 2010.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|