SKS Microfinance Ltd IPO Message Board (Page 35)

what about retail sub figure and allotment of share

Listing gain will be Min 200 Rs. It may see price 1600 or 1800 on the listing day and then see 2500+ within a month time. There it will be consolidated and may see 200-400 downside and then start again upward journey towards target 4000 (in 1 year).

What do you say Ravi from Bangalore and Mr. Narsimhan Ji.

Only 1.6 times in retail
till 3 P.M.
Will not cross 2.5 times in retail

heavy allotments huge losses
better to avoid

ONE LAC APP HOW MANY SHERE ALLOTEED

WHETER tO APPLY OR NOT FOR LISTING GAINS THAT MAY BE RS 50/- (i.e. equal to retail discount.) simple queston

In short we can apply for this IPO. I think even if retail investors do not get shares allot, one can try to buy on listing day. It should list at min 25% premium and should see 1600-1800+ price on the same day. Like SE Investments, it should also give 500% return in 1 year.

So is it advisable to buy SKS Microfinance on listing day at ANY Price to cover loss...

Mildfield refund is creadetd in my account

632. IPOEXPERT

My only question is whether its financial performance justifies its valuation or not? Is it deserves scarcity premium (it is large & first MFI to be listed)?

Forget about market sentiment / QIB subscription etc. for a minute and answer. However, there is risk of broad-market sentiment which is common for all forthcoming issues.

Ravi,Bangalore you are wrong.
Mark my words when all people think of listing gain that stock definetely goes down beacuse of huge pressure on listing day.

this is very expensive stock considering it has issued at 300 and 635 rs and that also not too long ago.

it is still a risky business to be in than banks which are much more diversified and have huge capital. already govt afre doing a lot and in future banks itself will provide cheaper loans whicj will have impact on its profit.

again fair value is not more than 635 rs.
stay away its a large issue of above 1500 croe and will have same fate as indiabulls power(good oversubsription?)still ruling 35% below issue price

i am done explaing about sks and mfi potential

SKS micro finance has issued shares in the past 15 months to private equity investors at just Rs.300 per share and current issue is at Rs.985 per share. Investors should note that markets has almost double in this 15 month and its other counter-part SE investment has given 500% in just six month, so present valuation seeing the market condition is justified. The revenue as well as profit of the company has witnessed the compound annual growth rate (CAGR) of more than 100% from FY`08 to FY`10. The company being one of the leader in microfinance industry has high growth potential in future.

MFIs differ from traditional banks and justify a different valuation approach. MFIs are double bottom line institutions aiming for both social and financial returns. They exhibit better asset quality, higher net interest margins but higher operating costs than emerging market banks. They also benefit from longer-term funding.

The microfinance sector is still young and is lacking consensus over valuation approaches. Relatively high valuations compared to banks (on P/E, Book Value & Dividend Yield parameters) reflect the strong business fundamentals of microfinance and increasing QIBs interest in microfinance.

Seeing all the aspects like oversubscription, the recent growth posted by company and strong prospects going forward for micro finance sector, I believe that if the market condition remain stable, SKS should at least provide 10% of listing gain to retail investors.

DISCLAIMER: I have applied. As always do your home-work. This issue carries high-risk. Don't ask barber whether you need hair-cut.

@ 617 Narsimhan

Yes net profit margin stable at 14%...and is stable....butthat is for a very short pperiod.....net profit margins improve over time....

Where does SKS charge 34% interset this is news to me also....?

they charge between 20-25%...and cost of capital will reduce in future...when they apply for banking liscence or when NBFC regulation by RBI will change shortly to allow nbfcs to accept public deposits there cost of capital wil coe down to 6-7% and they will lend at 16-18%.

What controversy...?.....

You know gloibaL MFI Leader COMPTOS charges 60% intrest....INDIAN MFI HAVE LOW COST....LOW INTERSET AND HIGHER ROAs globally which i have mentioned in intellcap report....

Even banks have realised that serving poor people...at doorstep at 4-5% is loss making and hence lend to MFIs...

First understand the business model ok..!

Hi, Shreedar / Shanpuri / Gem,

Pls. suggest shall we go ahead for this IPO at this juncture. Pls. guide & suggest. I value your opinion.

1.14 in retail till 2.00.

At 2.00 PM
NII 0.82 times
Retail 1.27 times

GREY MARKETS ONLY SELLER @ 52 ASK UR BROKERS

605 and 606

please dont take otherwise, call up your broker and he will tell u exact situation right now. the share has seller @52 only.

ABHI BHI TIME HAI GREY MAIN BECH LO VARNA YEH SHARE ***SKS KAR DEGA.

NOTE ; ***SKS = SUB KUCH SAAF

dear investers donot worry about the subcribtion the issue is very good and definately give good returns more the allotetment of shares more is the profit

hello friends dont apply sks ipo its price is too high. better to avoid, it can give listing gains then also dont apply

What are the latest sub figures of SKS?