SKS Microfinance Ltd IPO Message Board (Page 22)

@ MKJ

SKS will not apply for banking liscence..coz if they do they have to face strict guidelines of RBI on branch expansion....and ...interest rates....and political pressure to subsidise loans.......

Hiwever they will be benifited by pending RBI regulation of allowing....NBFC to accept public deposuts as source of capital....that doesnt make it a bank but will reduce cost of capital of sourcing loan funds....from 12-13%....to 6-7%.....and they would be able to service more poor people...at lower interest rate of 14-15%.....instead 0f 25%..currently.hence increasing demand of loans further.....


It will be foolhardy for them to apply for Banking Liscence..as it will not make business sense

SKS WILL DEFINATELY GIVE GOOD LISTING GAINST AS WELL AS GOOD TO HOLD FOR LONG TERM, RBI HAS RELEASE DISCUSSION PAPER FOR BANKING LICENSE, SKS IS THE STRONGEST CONTESTENT FOR THIS LICENSE, THOSE WHO HAVE PAST EXPERIENCE IN FINANCIAL SECTOR AND REACH TO PLACES WHERE BANKS CAN'T REACH WILL BE GIVEN PRIORITY. THINK ABOUT IT AND DECIDE YOURSELF IN MICROFINANCE SKS IS BIGEST PLAYER AND RBI WILL GIVE PRIORITY TO MICROFINANCE COMPANIES TO GIVE LICENSE.

gmp 35-38 strong buyer listing @1100/=

Guys,

Current GMP in jaipur

SKS :- 32-34 (+50)

Bajaj:- 60-62

SKS premium is still 32 Rs. Those who are not brave enough to bear the listing can sell their shares in grey market and get 82 Rs which makes around 3000 Rs per application.

My gut feeling says it should have a listing around 1030 .Let's hope for the best

Plz dont sell SKS guys.....for mere listing gains...hold.....big move exected after listing date

SKS IPO listing - Price Below Rs.800

Target price - Rs.750 Closing price

Recommendation - Sell immediately

SKS listing likely below at discount price approx.75-100 and then it will move to upto IPO price and then it will to again below Rs.800.

All dear invester kidly sell........immediately.

My friends, there was Rs. 50 discount for retail investor.

I got 36 share in two application. Most likely it will list on Monday at 1185. Hold it and sell it at 3.25 at 1300

Swati-886 : You check your account, though the entire blocked amount stands released under ASBA- the actual debit entry from your SB a/c will be only the cost of shares allotted to you @ Rs 935/- per share.Just check up your account position.

SKS MICROFINANCE'S LISTING DATE 16 AUG, MONDAY........

CURRENT GMP 50 + 50 RS [DISCOUNT] = RS.100...........

I GOT 36 X 6 = 216 SHARES..............................

WISH YOU ALL THE BEST FOR ALLLLLLLLLL INVESTERS........

SKS Listing is most likely on Monday(16thAug) or Tuesday(17thAug).

hi, i got 7 shares of SKS, what should i do?

LISTING DATE ?????????????

i apply 21 shares,but no share alloted, can any give reson.i check my application form xerox ,it is correct.

I got 36 shares on allotment but entire amount of rs 96530 ( ie full application amount )was debited to my bank account. I had applied through ASBA.
Can some body help me out.

Agreed SKS is expensive but all concept stocks are!! Titan and Jubilant Foods are examples. One intriguing fact Jubilant Foods market capitalization in India is almost 3/4th of Dominos Pizza market capitalization in the US.Predictions for 3-5 yrs about the SKS are too premature.All i can say if markets remain bouyant for 3-6 months stock will deliver very high return!! HOLD!! As it is everyone is going to make money in this IPO. Some will make mediorcre returns and some very high!! BEST OF LUCK TO ALL INVESTORS & TRADERS. KEEP MAKING MONEY $$$$

Mr headless,

you can make ASBA application with any of the sbi branches, all you need is the login-id and the password to sbi internet banking.happy applying

873. Nikhil
Are there sny psrticulsr branches of SBI who take ASBA applications or we can make ASBA appplication through all SBI branches. Please clarify?
I have account in SBI and I want to make through ASBA in Delhi

Sks ke allotment nahi dekha raha koi batana kisi aur site ka nam