SKS Microfinance IPO Good Response

SKS Microfinance IPO Good Response SKS Microfinance IPO (The 168 lakh shares) has been obtained tremendous (GOOD) response from institutions. It is subscribed 10.51 times, according to national stock exchange site.The IPO issue will continue to be open until August 02 with regard to non-institutional and retail traders

QIBs (Qualified institutional investors) are actually very supporting, Qualified institutional investors reserved part has been subscribed 20.38 times.

It’s obtained bids for 14.47 crore equity stocks compared to issue size of 1.38 crore stocks.

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