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SKS Microfinance public issue too expensive, say analysts…

Retail investors get a discount of Rs50 and one day more than institutional buyers to subscribe to the offer…
Pramit Bhattacharya, [email protected]
SKS Microfinance Ltd, India’s largest microfinance institution (MFI), will sell 16.7 million shares from Wednesday and has priced its initial public offering (IPO) at between Rs850 and Rs985 a share. Analysts [...]

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