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SKS Microfinance IPO promises 13.69 times on close

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The initial public offering of SKS Microfinance has received irresistible response from investors. The 16.80 mn equity shares initial public offering, which closed on Aug 2, 2010, subscribed 13.69 times, as per data available on National Stock Exchange.

It received bids for 188.50 mn equity shares as next to issue size of 13.80 mn shares. Qualified institutional investors which stopped up on Friday, July 30 got subscribed 20.38 times.


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