Indian Microfinance Goes Public : the SKS Initial Public Offering : La microfinance indienne entre en Bourse : ouverture du capital de SKS (French)

SKS, the largest microfinance institution (MFI) in India, opened its IPO on July 28, 2010, forging the way for other Indian MFIs to follow. The IPO valued SKS at 4.2 times its post-issue book value and 40 times its fiscal year 2010 earnings, making it consistent with the best performing Indian banks, but high compared with publicly listed low-income finance institutions. Its price-to-earnings multiple is 40 times its fiscal year 2010 earnings, making...

Document also available in : English

DETAILS

Author

Chen,Gregory C.;

Rasmussen,Stephen F.;

Reille,Xavier;

Rozas,Daniel;
Document Date
2010/09/01
Document Type
Brief
Report Number
82618
Volume No
1
Total Volume(s)
1
Country
India,
Region
South Asia,
Disclosure Date
2014/05/14
Disclosure Status
Disclosed
Doc Name
La microfinance indienne entre en Bourse : ouverture du capital de SKS
Keywords
access to capital

Citation

Chen,Gregory C.; Rasmussen,Stephen F.; Reille,Xavier; Rozas,Daniel.

Indian Microfinance Goes Public : the SKS Initial Public Offering : La microfinance indienne entre en Bourse : ouverture du capital de SKS (French). CGAP focus note ; no. 65 Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/519191468041334665

Indian Microfinance Goes Public : the SKS Initial Public Offering : La microfinance indienne entre en Bourse : ouverture du capital de SKS (French)

DETAILS

Citation

SUBSCRIBE TO EMAIL ALERTS