SK Finance Ltd IPO

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IPO Details

  • Open Date TBA
  • Close Date TBA
  • Lot Size -
  • IPO Size -
  • IPO Price Range -
  • Min Investment -
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

About SK Finance Ltd

Initial public offer of up to [*] equity shares of face value of Re. 1 each (Equity Shares) of SK Finance Limited (Company) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. 2200.00 crores comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 500.00 crores by the company (Fresh Issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 1700.00 crores (Offered Shares) by the selling shareholders, consisting of up to [*] equity shares aggregating up to Rs. 180.00 crores by Rajendra Kumar Setia, up to [*] equity shares aggregating up to Rs. 20.00 crores by Rajendra Kumar Setia HUF (The Promoter Selling Shareholders), up to [*] equity shares aggregating up to Rs. 75.00 crores by Evolvence Coinvest i, up to [*] equity shares aggregating up to Rs. 25.00 crores by Evolvence India Fund iii ltd, up to [*] equity shares aggregating up to Rs. 700.00 crores by Norwest Venture partners x -Mauritius and up to [*] equity shares aggregating up to Rs. 700.00 crores by tpg growth iv sf pte. ltd. (the Investor Selling Shareholders) (the promoter selling shareholders and investor selling sharehodlers, collectively referred to as the Selling Shareholders) and such equity shares offered by the selling shareholders (Offer for Sale, and together with the fresh issue, the Offer). The company, in consultation with the brlms, may consider issue of specified securities, as may be permitted under the applicable law, aggregating up to Rs. 100.00 crores, the company, in consultation with the brlms, may consider issue of specified securities, as may be permitted under the applicable law, aggregating up to Rs. 100.00 crores, the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended. Issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended. subscription by eligible employees (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute [*] % and [*] % of the post-offer paid-up equity share capital of the company, respectively. the face value of equity shares is Re. 1 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot shall be decided by the company.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked