15 AUG KI HARDIK SHUBHKAMNAI. PYARE DESH WAASION, SKS JAISE IPO MAIN 985 PAR PAISE NAHI LAGANE CHAIYE THE. YEH GARIBON KA KHOON CHOOSANE WALI COMPANY HAI. 36% BYAZ PAR LOAN DETI HAI. JAISE ANGREJ HAMARA SHOSHAN KARTE THE WAISE HI SKS GARIBON KA SHOSHAN KARTI THI.
PLEASE DONT INVEST IN THIS TYPE OF "LOOT-MAAR" COMPANY.
300 KA MAAL 985 MAIN DIYA, INVESTOR KO LOOT LIYA. 12% KA PAISA 36% MAIN DIYA, GARIBON KO LOOT LIYA. HAMEIN TO LOOT LIYA MIL KE SKS & KOTAL WALON NE. GORE GORE ANGREJON NE , KAALE KALLE INDIANS NE.
SKS WILL LIST AROUND 970-990.............AT THE END OF DAY IT WILL SETTLE DOWN AROUND 890-910.............ISSUE WAS OVER PRICED BUT A VERY GOOD ISSUE FOR LONG TERM.......SO BUY MORE AT LOWER LEVELS.......HAPPY INVESTING
AISAA JAKHAM (LOSS) DIYA HAI JO NA AB BHAREGA HAR INDIAN IPO SE AB YEH DIL DAREGA HAM JO PAISA DE KE YUN HI MAR MITE THE KAUN PREMIUM(985) TUMKO ITNA BHAREGA A AA AA A
HANKS INVESTORS. HAMNAIN AAP KO EK BAAR PHIR LOOT LIYA. LONGOT KO JEANS BATA KAR BECH DIYA. PYAZ KO APPLE BATA KAR BECH DIYA. BANIYAN KO SHIRT BATA KAR BECH DIYA. HAWAI CHAPPAL KO REEBOK SHOES BATA KAR BECH DIYA. PAJAME KE NAADE KO LEATHER BELT BATA KAR BECH DIYA. SKS KO GROWTH STORY BATA KAR BECH DIYA. 300 KA SKS 985 MAIN BECH DIYA.
AB AAP LOG APNI PITAI KE LIYE TAIYAAR REHNA KYONI YANHA SABKO BHAYANKAR TEJI LAG RAHI HAI. KOI 1100, TO KOI 1300 KI LISTING KI BAAT KARTA HAI. SUBAH 9 BAJE DEKHANA MAIN KYA KARTA HOON
A. Allocation to Retail Individual Bidders (Including Applications Supported by Blocked Amount ("ASBA")) (After Technical Rejections)
The Basis of Allocation to the Retail Individual Bidders, who have bid at cut-off or at the Issue Price of Rs.985/- per Equity Share, was finalized in consultation with BSE (Rs.50 discount on the issue price was given to the retail individual investors and hence the offer price for this category is Rs.935/- per equity share). This category has been subscribed to the extent of 2.72 times. There were 25973 applications for 80122931 equity shares made under ASBA process. Of these 25170 applications for 74021584 equity shares were found valid and on proportionate basis the Company has allotted to 22854 investors aggregating to 4383319 shares. The total number of shares allotted in Retail Individual Investor category is 5,037,474 Equity Shares which were allotted to 165370 successful applicants. The category-wise details of the Basis of Allocation are as under:
Category No. of Applications % to total Total No. of Equity Shares applied % of total No. of Equity Shares allocated Ratio Total No. of Equity Shares allocated 7 12859 7.30 90013 0.66 7 6: 17 31766 14 7838 4.45 109732 0.80 7 7: 10 38409 21 6419 3.65 134799 0.98 8 FIRM 51352 28 4133 2.35 115724 0.84 10 FIRM 41330 35 3605 2.05 126175 0.92 13 FIRM 46865 42 2044 1.16 85848 0.63 15 FIRM 30660 Additional 1 1 :46 44 49 7639 4.34 374311 2.73 18 FIRM 137502 56 2107 1.20 117992 0.86 21 FIRM 44247 63 889 0.50 56007 0.41 23 FIRM 20447 70 1989 1.13 139230 1.01 26 FIRM 51714 77 749 0.43 57673 0.42 28 FIRM 20972 84 695 0.39 58380 0.43 31 FIRM 21545 91 705 0.40 64155 0.47 33 FIRM 23265 98 124371 70.65 12188358 88.85 36 FIRM 4477356 B. Allocation to Non Institutional Investors (After Technical Rejections) The Basis of Allocation to the Non-Institutional Bidders, who have bid at the Issue Price of Rs.985/- per Equity Share or above, was finalized in consultation with BSE. This category has been subscribed to the extent of 17.69 times. Overall 484 applications for 1679157 equity shares were found valid and they were considered for allotment. The category-wise details of the Basis of Allocation are as under:
Category No. of Applications % to total Total No. of Equity Shares applied % of total No. of Equity Shares allocated Ratio Total No. of Equity Shares allocated 105 32 6.50 3360 0.01 7 3:4 168 1001 1 0.20 1001 0.00 57 FIRM 57 4900 1 0.20 4900 0.02 277 FIRM 277 11004 1 0.20 11004 0.04 622 FIRM 622 40600 2 0.41 81200 0.27 2295 FIRM 4590 100002 1 0.20 100002 0.34 5652 FIRM 5652 280000 1 0.20 280000 0.94 15824 FIRM 15824 1015224 3 0.61 3045672 10.25 57375 FIRM 172125 1269030 2 0.41 2538060 8.54 71719 FIRM 143438 2030455 2 0.41 4060910 13.67 114749 FIRM 229498 C. Allocation to QIBs The Basis of Allocation to the Qualified Institutional Bidders, who have bid at the Issue price of Rs.985/- per Equity Share was finalized on the price priority basis. Overall 166 applications for 137576985 Equity Shares were found valid and the quantum of shares allotted to this category is 7052464. The summary of allotment is as under:
Category Fls/Banks Flls MFs ICs PFs Others Total No. of Equity Shares allocated 1020627 6811341 1642260 600720 6716631 16791579 D. Anchor Investors
The Company allotted 3022484 equity shares to 36 Anchor Investors in consultation with the Lead Managers at a price of Rs. 985/- per Equity Share. The IPO Committee of the Board of Directors of the Company at its Meeting held at Hyderabad on 12th August, 2010 has approved the basis of allocation of Equity Shares of the Issue and has accordingly allotted the Equity Shares to the Bidders.
The CAN-cum-Refund Orders and allotment advice and/ or notices have been dispatched to the address of the Bidders as registered with the depositories on or prior to 13th August, 2010. Further, the instructions to Self Certified Syndicate Banks have been dispatched on or prior to 13th August, 2010. In case the same is not received within 10 days, investors may contact at the address given below. The Refund Orders have been over-printed with the Bank Account details as registered, if any, with the depositories. The Equity Shares allotted to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned.
The Company is taking steps to get the Equity Shares admitted for trading on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited by 16th August, 2010.
INVESTORS PLEASE NOTE This details of the allocation made has been hosted on the website of Registrar to the Issue, Karvy Computershare Private Limited at http://karisma.karvy.com
All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicant, serial number of the Bid-cum-Application Form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted andpayment details at the address given below:
Karvy Computershare Private Limited Unit: SKS Microfinance Limited plot No. 17 to 24, Vithalrao Nagar, Hitech City Road, Madhapur Hyderabad - 500 081, Fax: 040-23420814 Email: einward.ris@Karvy.com
TOLL FREE - HELPLINE NUMBER 1-800-3454001
Place : Hyderabad Date : 14th August, 2010 For SKS Microfinance Limited Sd/- S.K.Bansal Company Secretary
Dear Vivek Bhuka , Sorry your Rs. 1 Lac application rejected because maximum retail application was for 96530/- & above that in HNI category minimum application was Rs. 103425/- hence your application was not consider for allotment ....hi....hi.....hi......hi
Rightly said Mr narasimhan, when diamonds from Liberia called as blood money, same should be applicable for SKS micro finance also, since they charge more than 36 per cent annum
SKS Microfinance aims to exploit the helplessness of the poor among the borrowing public and charge them interest and other charges exceeding 35%. It is painfully amusing to read some boarders mention the word "ethcs" in the context of this blood sucking company.
For investors, especially retail investors to think of making money from this IPO is a perversion of the share market.
Hi, I would like to recall my real life experience when Kotak Mahindra Finance was listed in early 1990s. With a face value of Rs.10 and CCI approved premium of around Rs.40, the issue was oversubscribed heavily and on listing day opened at Rs.900 and within two days, moved up to Rs.1,100. Sure enough, I made a huge profit on 100 shares alloted to me.
I say a repeat of KMF in SKS. Good luck to those alloted any share.Do not sell in a hurry.