SK Finance Limited IPO
The company is a non-deposit taking, middle-layer NBFC operating across two core segments: vehicle financing and MSME lending. In vehicle financing, it offers secured, retail loans for used and new commercial vehicles (excluding medium and heavy commercial vehicles), cars, tractors, and new two-wheelers. As per a CRISIL Report, it had the highest share of used vehicle loans (77.41%) among peers for the nine months ended December 31, 2023. Its MSME lending focuses on asset-backed loans aimed at income generation, primarily for self-employed, underbanked customers in rural and semi-urban areas, offering credit access to those with limited exposure to organized financial systems.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹2,200.00 Crs |
SK Finance IPO Objects
- Augmenting our capital base to meet future business requirements of our Company towards onward lending.
- General corporate purposes.
SK Finance IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹500.00 Cr ( Shares) |
Offer For Sale₹1,700.00 Cr ( Shares) |
Total Issue₹2,200.00 Cr ( Shares) |
Face Value₹1 per equity share |
SK Finance IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
1
Maximum
2,00,000
2,00,000
2,00,000
|
|||
| Small HNI |
Minimum
2,00,000
2,00,000
2,00,000
Maximum
10,00,000
10,00,000
10,00,000
|
|||
| Big HNI |
Minimum
10,00,000
10,00,000
10,00,000
|
|||
SK Finance IPO GMP
The estimated Grey Market Premium of SK Finance IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | B1 |
| Shareholder | B2 |
SK Finance IPO Financials
| Particulars | Dec-23 | Mar-23 | Mar-22 | Mar-21 |
|---|---|---|---|---|
| Revenue from Operations | 1,308.72 | 1,302.77 | 814.38 | 672.86 |
| Profit after Tax | 217.10 | 222.79 | 142.87 | 91.08 |
| Net Worth | 2,732.21 | 1,831.93 | 1,593.02 | 969.19 |
| Total Borrowing | 7,891.04 | 7,043.14 | 4,497.73 | 3,224.35 |
| Total Assets | 10,849.63 | 9,055.66 | 6,231.97 | 4,290.57 |
| NAV per share (in ₹) | 212.01 | 155.53 | 136.34 | 136.34 |
| EPS - Basic (in ₹) | 17.78 | 19.13 | 12.62 | 9.04 |
Key Performance Indicators
| KPI | Values |
|---|---|
| CRAR | 26.10% |
| Interest Margin | 8.67% |
| Gross NPA | 3.11% |
| Net NPA | 2.36% |
| Avg Borrowing Cost | 9.39% |
All the data pertains to FY 2022-23. PE, PB, and market capitalization are calculated based on the Upper Price Band.
SK Finance IPO Peer Comparision
SK Finance IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Rajendra Kumar Setia | 32.07% |
| Rajendra Kumar Setia HUF | 0.19% |
| Others | 0.73% |
| Total | 32.99% |
Management Details
| Name | Designation |
|---|---|
| Amar Lal Daultani | Chairperson |
| Rajendra Kumar Seti | CEO & MD |
| Atul Arora | CFO |
Company Details
Name: SK Finance Limited
Address: G 1-2, New Market, Khasa Kothi, Jaipur 302 001, Rajasthan, India
Number: +91 141 416 1300 / +91 141 416 1652
Email: cs@skfin.in
Website: www.skfin.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
SK Finance IPO is a Mainboard IPO having an issue size of Rs. ₹2,200.00 Crs. SK Finance IPO is priced at ₹ - ₹ per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
SK Finance IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of SK Finance IPO is ₹0 per share (-).
The minimum lot size of SK Finance IPO is shares & the minimum application amount is Rs. 0.
The allotment date of SK Finance IPO is 12 Jul 25.
The listing date of SK Finance IPO is 12 Jul 25.
SK Finance IPO is subscribed -.
SK Finance IPO is priced at ₹ - ₹ per share.
Click the allotment link on SK Finance IPO page of IPO360.
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