SK Finance Limited IPO

SK Finance Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹0.00

Total Issue

₹2,200.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website RHP Check Allotment

Tentative Timetable

Open TBA
Close TBA
Allotment TBA
Refunds TBA
Credit TBA
Listing TBA

Business Overview

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.

Lot Info

Lot Information for SK Finance IPO
Category Lots Shares Amount
Retail (Min) 1 0 ₹0
Retail (Max) - - -
S-HNI (Min) 0 0 ₹0
S-HNI (Max) 0 0 ₹0
B-HNI (Min) 0 0 ₹0

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
B1
Shareholder
B2

Issue Size

Total ₹2,200.00 Cr
Fresh Issue
₹500.00 Cr (0.00 Shares)
Offer For Sale
₹1,700.00 Cr (0.00 Shares)

Objects of Issue

  1. Augmenting our capital base to meet future business requirements of our Company towards onward lending.
  2. General corporate purposes.

Grey Market Premium

GMP ₹0
Est. Price ₹0
Est. Gain -

SK Finance IPO Peer Comparison

There are no comparable listed peers in India as per the company

Financial Performance

(Rs. in crores)

Financial Performance Metrics for SK Finance IPO
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

KPIs

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.

Shareholding

Promoter

32.99%

Public

67.01%

Rajendra Kumar Setia 32.07%
Rajendra Kumar Setia HUF 0.19%
Others 0.73%

Management

Amar Lal Daultani Chairperson
Rajendra Kumar Seti CEO & MD
Atul Arora CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Frequently Asked Questions

What is SK Finance IPO?
SK Finance IPO is a Mainboard IPO having an issue size of ₹2,200.00 Crs. SK Finance IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 03 Apr 26 and closes on 03 Apr 26.
When will SK Finance IPO open?
SK Finance IPO opens on 03 Apr 26 and closes on 03 Apr 26.
What is the GMP of SK Finance IPO?
The estimated Grey Market Premium of SK Finance IPO is ₹0 per share (-).
What is the lot size of SK Finance IPO?
The minimum lot size of SK Finance IPO is 0.00 shares & the minimum application amount is Rs. 0.
When is the allotment of SK Finance IPO?
The allotment date of SK Finance IPO is 03 Apr 26.
What is the listing date of SK Finance IPO?
The listing date of SK Finance IPO is 03 Apr 26.
What is the subscription of SK Finance IPO?
SK Finance IPO is subscribed -.
What is the price band of SK Finance IPO?
SK Finance IPO is priced at ₹0.00 - ₹0.00 per share.
How to check allotment status of SK Finance IPO?
Click the allotment link on SK Finance IPO page of IPO360.
How to apply SK Finance IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply SK Finance IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply SK Finance IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select SK Finance IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date