Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of SK Finance Ltd. on August 30, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
SK Finance Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to SK Finance IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, May 13, 2024 |
| SEBI/Exchange approval received | Fri, Aug 30, 2024 |
| SEBI approval expired | Sat, Aug 30, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 1994, SK Finance Limited is a non-deposit-taking, middle-layer Non-Banking Financial Company (NBFC-ML). The company operates in two primary lending segments:
Lending Segments
Distribution Network
Employees: As of December 31, 2023: Total employees: 10,725 including Sales team: 6,202 and Collection team: 1,607.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|---|
| Assets | 10,849.63 | 9,055.66 | 8,292.34 | 6,231.97 | 4,290.57 |
| Total Income | 1,315.23 | 1,314.24 | 928.39 | 820.69 | 682.49 |
| Profit After Tax | 217.10 | 222.79 | 138.88 | 142.87 | 91.08 |
| NET Worth | 2,732.21 | 1,831.93 | 1,741.57 | 1,593.02 | 969.19 |
| Reserves and Surplus | 2,731.85 | 1,827.88 | 1,738.91 | 1,590.62 | 966.26 |
| Total Borrowing | 7,891.04 | 7,043.14 | 6,406.72 | 4,497.73 | 3,224.35 |
| Amount in ₹ Crore | |||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting our capital base to meet future business requirements of the Company towards onward lending. | 375.00 |
| 2 | General corporate purposes. |
| KPI | Mar 31, 2023 |
|---|---|
| RoNW | 13.01% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 16.65 | |
| Promoter Holding | 32.99% |
SK Finance IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The SK Finance IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in SK Finance IPO using UPI as a payment gateway. Zerodha customers can apply in SK Finance IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SK Finance IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SK Finance IPO dates are not announced. Please check back again after some time.
SK Finance IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SK Finance IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SK Finance IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SK Finance IPO allotment status.
The SK Finance IPO listing date is not yet announced. The tentative date of listing is .
