SKS Share Sale Subscribed 13.68 Times

Tuesday, August 3, 2010

Aug. 03–The initial share sale offer from SKS Microfinance Ltd issue received bids for 188 million shares, a subscription of 13.68 times the shares on offer, as investors bought into its growth story. The offer, which opened on Wednesday, was priced between Rs850 and Rs985, with a Rs50 discount for retail investors.

Source: iStock Analyst (link opens in a new window)