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IPO Analysis > sk-finance-ipo-mainboard

SK Finance IPO Date, Price, GMP, Review ... 

Should You Bid For SK Finance IPO?

The role of NBFCs in lending to MSMEs has grown steadily. It is moving up from 9.17% in FY 2019 to 12.30% by the first five months of FY 2024. SK Finance is working in the same industry and now going public soon. 

The SK Finance IPO manager is Kotak Mahindra Capital, while the registrar is KFin Technologies. Click here to know your SK Finance IPO status.

See the SK Finance IPO DRHP

Note: Half of the SK Finance IPO 2025 shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

SK Finance IPO Details: Company Profile

Look for the SK Finance Limited company profile here. 

Particulars

Details 

Incorporated  

1994

Registered Office 

Rajasthan

Promoter 

Rajendra Kumar Setia

Services 

Vehicle and Micro, Small and Medium Enterprises (“MSME”) financing vertical. 

Number of Branches 

246

Competitors 

Shriram Finance, Cholamandalam Investment and Finance Company, Mahindra & Mahindra Financial Services, and AU Small Finance Bank. 


Exploring the SK Finance IPO Details

Here are the details on the SK Finance Limited IPO. 

  • SK Finance IPO Date


The exact SK Finance IPO launch date has not been announced yet. If the company makes it official, the details will be updated.


  • SK Finance IPO size


Particulars

Shares

Aggregate Value

Fresh Issue 

Not Disclosed 

₹5,000.00 million 

Offer for Sale

Not Disclosed

₹17,000.00 million

Overall Issue 

Not Disclosed 

₹22,000.00 million 


  • Objectives of the offer 


Particulars

Amount (₹ in million)

Strengthening capital base for future business growth and onward lending

3,750.00

General corporate needs 

Not Disclosed 

Total

Not Disclosed


  • Other takeaways from the SK Finance IPO Share Price


Particulars

Description

Face value of each share

₹1

Price Range

Not Disclosed 

Listed At 

NSE BSE


  • Categorisation of different investors  


Particulars

Eligible Employees

QIBs 

Non-Institutional Investors 

Retail Individual Investors

Equity Shares available for Allotment

Not Disclosed

Not Disclosed

Not Disclosed

Not Disclosed

Minimum Bid

Not Disclosed

The Bid Amount should be more than ₹200,000

The Bid Amount should be more than ₹200,000

Not Disclosed

Maximum Bid

The Bid Amount should be capped at ₹500,000 

Not Disclosed

Not Disclosed

The Bid Amount should be less than ₹200,000


Get the best broker and create a demat account today. 

SK Finance IPO details: Key Financials 


Particulars

Dec 31, 2023

Dec 31, 2022

Mar 31, 2023

Mar 31, 2022

Mar 31, 2021

Equity Share Capital

64.44

58.21

58.64

58.17

52.18

Other Equity

27,318.52

17,389.08

18,278.76

15,906.22

9,662.59

Net Worth 

27,322.10

17,415.74

18,319.34

15,930.17

9,691.92

Total Income

13,152.26

9,283.92

13,142.41

8,206.87

6,824.92

Profit for the period/year

2,171.01

1,388.83

2,227.86

1,428.74

910.83

Earnings per share (basic) (₹)

17.78

11.94

19.13

12.62

9.04

Earnings per share (diluted) (₹)

17.55

11.69

18.79

12.41

8.95

Net Asset Value per Equity Share (₹)

212.01

148.95

155.53

136.34

92.42

Total Borrowings 

78,910.40

64,067.16

70,431.42

44,977.27

32,243.53


Strengths and risks

SK Finance Pvt Ltd comes with both negatives and a few positives:


Strengths


  • Tech-driven business with a model that can easily scale.

  • Multiple funding sources reduce dependence on any single channel.

  • Strong systems for loan approvals, collections, and risk control.

  • Wide sales network giving access to rural and semi-urban customers.


Risks


  • Risk of customers or partners not repaying loans on time.

  • May face issues in meeting financial obligations that need cash settlements.

  • Profitability can be affected by changes in market interest rates.

  • Small exposure to losses from short-term treasury investments.

Is SK Finance IPO Worth the Rush?

The SK Finance IPO GMP is not available yet. Until then, you can go through the company details and review for more clarity. Watch this space for GMP updates as they are released. Before applying, also check the live subscription numbers. Apply Now

FAQs

1. How is the SK Finance IPO review?

SK Finance is seen as a finance company, with expansion capital as a key objective. You can look for the GMP updates in the latest SK Finance IPO news. 

2. What is the SK Finance IPO date?

The IPO opening and closing dates have not been announced yet. Once confirmed, investors can track live subscription updates through their broker or IPO tracking platforms in real time.

3. What is the SK Finance IPO listing price? 

The SK Finance Ltd share price band has not been announced yet. The final issue price will be declared once available. Investors can also check the IPO allotment details after the announcement.

4. Should I use a demat account to bid for the SK Finance Ltd IPO?

Yes, a demat account is required to bid for the SK Finance IPO. Apply through a broker or your bank facility, then track live subscription status. This ensures seamless allotment and listing credit to your demat.

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