Archive for July 29th, 2010

SKS Microfinance IPO

SKS Microfinance has come up with an IPO. The Issue opens on July 28, 2010 and closes on August 2, 2010. The Price Band is between Rs850-985.

SKS Microfinance (SKSMF) is a micro-finance company. It is the first such company to enter into the capital markets space. Here are recommendations for the IPO by some leading firms:

Angel Broking: Subscribe
IIFL: Subscribe
Anand Rathi: Subscribe
Fortune Interfinance: Subscribe. Target of Rs. 1205 in 1 year. Potential of 22% upside

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