Exchanges
BSE, NSE
Issue
Book building

SKS Microfinance IPO

₹1,088.65

+10.52% on listing

Listing-day close · NSE · 16 Aug 2010 · issue price ₹985

SKS Microfinance’s ₹1,629 crore IPO was priced at ₹985 a share. It listed on the NSE on 16 Aug 2010 and closed its first day at ₹1,088.65, up 10.52% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹1,629 Cr
Fresh issue
₹722 Cr
Offer for sale
₹907 Cr
Lot size
7 shares
Minimum investment
₹6,895
Face value
₹10
Registrar
Kfin Technologies

Subscription

SKS Microfinance IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—9.38×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹7,089 Cr
Promoter holding
55.80% → 37.10%

From the offer documents.

Listing

Listing date
16 Aug 2010
Issue price
₹985
Open
₹1,040.00
High
₹1,162.00
Low
₹1,040.00
Close
₹1,088.65

Listing day on the NSE. The close was +10.52% on the issue price.

FAQs

When did the SKS Microfinance IPO open and close?

It opened on 28 Jul 2010 and closed on 2 Aug 2010.

What was the SKS Microfinance IPO price?

The price band was ₹850–985 a share. The final issue price was ₹985.

What is the lot size and minimum investment?

One lot is 7 shares, ₹6,895 at ₹985 a share. Retail investors apply in whole lots.

How much did SKS Microfinance raise?

₹1,629 crore: ₹722 crore of new shares and ₹907 crore offered by existing shareholders.

How many times was the SKS Microfinance IPO subscribed?

9.38 times overall.

How did SKS Microfinance list?

It listed on the NSE on 16 Aug 2010 at ₹1,040.00 and closed the day at ₹1,088.65, up 10.52% on the ₹985 issue price.

Who is the registrar of the SKS Microfinance IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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