Monday, July 26, 2010

IPO of SKS Microfinance in the Price Band of 850-985 Retail to get 50 rs. discount

The initial public offer of SKS Microfinance is in the price band of rs. 850-985 per share. The retail discount is rs. 50 per share. Financial Details



EPS 2009-10  - 24.31



P/E @ 935  - 38.45 times

P/E @ 800  - 32.89 times



The issue has been priced aggressively hence only risk appetite investor can subscribe to the issue for listing gain.