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Open
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Close
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Allotment
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Listing
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Issue Size
[.] shares (agg. up to ₹2,200 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|---|
| Assets | 10,849.63 | 9,055.66 | 8,292.34 | 6,231.97 | 4,290.57 |
| Total Income | 1,315.23 | 1,314.24 | 928.39 | 820.69 | 682.49 |
| Profit After Tax | 217.10 | 222.79 | 138.88 | 142.87 | 91.08 |
| NET Worth | 2,732.21 | 1,831.93 | 1,741.57 | 1,593.02 | 969.19 |
| Reserves and Surplus | 2,731.85 | 1,827.88 | 1,738.91 | 1,590.62 | 966.26 |
| Total Borrowing | 7,891.04 | 7,043.14 | 6,406.72 | 4,497.73 | 3,224.35 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aye Finance Ltd. | Mainboard | ₹1,010.00 Cr | ₹129 | 14.11 | ₹128.91 | -0.07% | ₹168.12 (+1.29%) |
| Tata Capital Ltd. | Mainboard | ₹15,511.87 Cr | ₹326 | 35.99 | ₹330.50 | +1.38% | ₹354.20 (+1.23%) |
| Laxmi India Finance Ltd. | Mainboard | ₹254.26 Cr | ₹158 | 18.35 | ₹134.11 | -15.12% | ₹112.15 (+1.84%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting our capital base to meet future business requirements of the Company towards onward lending. | 375.00 |
| 2 | General corporate purposes. |
About SK Finance IPO
Incorporated in 1994, SK Finance Limited is a non-deposit-taking, middle-layer Non-Banking Financial Company (NBFC-ML). The company operates in two primary lending segments: Vehicle Financing MSME Financing (Micro, Small, and Medium Enterprises) Lending Segments Vehicle Financing: SK Finance Limited provides secured loans for both new and used vehicles, including Commercial vehicles (excluding medium and heavy commercial vehicles), Cars, Tractors and Two-wheelers (new). MSME Financing: The company also provides secured business loans to MSMEs, currently offered through select branches and planned for expansion across its broader network. Distribution Network Total Branches: 535 branches as of December 31, 2023 Geographic Reach: Presence in 11 states and 1 union territory MSME Lending Reach: 322 branches across 8 states and 1 union territory Employees: As of December 31, 2023: Total employees: 10,725 including Sales team: 6,202 and Collection team: 1,607.+ Read More
Contact Details
SK Finance Ltd. AddressG 1-2, New Market,Khasa Kothi, ,Rajasthan, IndiaJaipur, Rajasthan, 302001+91 141 416 1300cs@skfin.inVisit Website