Posted on July 21, 2010 - by M. Bennett

Retail investors may get a discount while buying SKS Microfin’s shares…

Submitted by Jaideep Kumar on 2010, July 21 – 12:20

In its next initial public offering which is opening on twenty eighth of July for subscription SKS Microfinance may come up with an offer to sell its shares at a discount rate to retail investors

The company plans to raise a sum of one thousand crores of rupees out of which existing share holders will get forty four percent. Private equity investors, who are making an exit through the issue, will also be included.

SKS Microfin has decided to extend its time period of subscription making it thirtieth of July for institutional investors and second of August for non-institutional and retail investors.

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