SKS Microfinance Ltd IPO Message Board (Page 34)

SKS Microfinance subscribed approximate 2 times in retail so far. It may go up to 3 time by end of day.

Following are the Subscription figures of SKS Microfinance Limited as on 1600 hours

QIB : 20.38 Times
HNI : 18.26 Times
Retail : 1.94 Times
Overall : 13.38 Times

@652 SJ

'Old Fox' is Radhakrisna damani mentor of Rakesh Jhunjhunwala

Somebody quoted deccan herald...SKS garners huge controversy

Read this para ..as to why two board members..left...

"After the board’s first meeting in March, two of the handful of directors resigned: Narayan Ramachandran and Anu Aga, a prominent philanthropist and former chairwoman Thermax. People close to the situation said the two had left over differences with Akula.

Akula wanted the trusts to support education, health and other programmes for borrowers of SKS through the nonprofit SKS Society.

The two board members reportedly preferred instead to establish a grant-making institution similar to a private foundation that could funnel that money to other, already established social programmes."

Akula wanted to support health and education programmes through SKS nonprofit society..and rewsigning board members wanted to continue with current programmes.

Now what fault does Vikram Akula has made....

Now about people whu became millionares....well they invested in a firm in 2005....those were PE....PE invest with people money..to earn..profits...Not for charity...

And i have already mentioned so many artcles saying not for profit model cannot sustain to meet demands of such a huge nature....!!...

Even Mohammad Yunus's rival firm in Bangladesh agrees that they cannot sustain to scale up being non profit..!!

Mohamad Yunus...is not the founder of Micrfinance....it was originated in Ireland.....kindly go and google...he is not the godfather as people potray him....check the size of his Ngo...IT IS GOOD FOR SMAL POPULATION FOR BANGLADESH NOT FOR INDIA OR CHINA

Could you tell us sks ipo fully subscribed

High-priced SKS Offer Brings in Controversy

Stephanie Storm and Vikas Bajaj

An Indian company with rich American backers is about to raise up to Rs 1,600 crore in a stock offering closely watched by philanthropists around the world, showing that big profits can be made from small helping-hand loans to poor cowherds and basket weavers.

http://www.deccanherald.com/content/85375/high-priced-sks-offer-brings.html

retail wont cross 2 times. till 4.00pm only 1.7 times

I TOLD YESTERDAY THAT IT WILL SUBSCRIBE AT LEAST 3 TIMES OR MAY BE EVEN 4 TIMES NOW SEE THE RESULTS

BUT SHARE IS A LOW QUALITY STOCK ALREADY BELOW 45 IN GREY MARKET. WILL COME TO MORE REALASTIC LEVEL WITHIN FEW DAYS.

@ 644 Bajaj

You seem to have good info..

What is this old fox u are talking about..kindly explain...i am interested to hear about that..?

Is that some operators code name or something..?

I am not arguing i am asking.....out of interest...so dont take it in negative way...

So plz reply...

HI,FRIENDS

SKS MICRO RETAIL KITNA SUBSCRIP HUA ANY IDEA ?

PRINCEEEEEEEEEEEEEEEEEE

online app can not be withdrawn

Hi <B>643 @ SJ</B>. So we can expect the same in SKS also. I think it can easily see 2000+ in 1-2 months like Jubilant or SE Investment. So it is advisable to buy this on listing at ANY price for good gains. If goes down, we can always average this for more gain.

retail will cross 4 times

how to withdraw an application made online through ICICIDIRECT

Friends don't be guided by speculation.Do your home work and take your own decision.In IPO there is always a bit of risk.But high risk means high return also.I've applied a full lot each in EIL & SKS.Lets see.

Latest Premium in jaipur

Share 42 Rs only seller
Application 2100

Talked to Kotak people
HNI is going to be more than 30 +
Invest, no need to worry.
Also a news that the old fox have taken a huge position in this IPO.
Don't sell and see Sparkling Gains on listing.

@ Ravi Bnaglore

If retail subscribes 2 times only..then its good news bcoz they will get hal of what they applied....and they will sell on listing for listing gains...all operrators and Institutions....will buy those shares...and then there will be less liquidity with retail....So it will zoom...after listing..

See what happend with Jubiliant after all retail sold..seeing 50% gains...Institutions and MFs bought...see the block deals on Jubiliant from listing date.....then it zoomed from 196 from Day 1 to 420...in two moths.....Now i am not sauggesting that for SKS...but it will give good gains..

And dont appoly for listing gains...keep it for long term....will give u good returns...

@ Akash you are very bullish yaar.....4000 in a year...ha ha ...anyways...it can be 4000 who knows but not in 1 year may 2-3 year horizon....on listing i expect 1250-1380..i dont know now days...anything can happen..maybe even your 1600 target will be achieved..u cant say...but it will not be loss making for sure

ipofinder
i am agree Abbhi time hai grey market sell in apply in ipo and New application avoid premim is down now

what about retail sub figure and allotment of share