Financials of SK Finance Limited are updated for 2024
SK Finance allotted 975,339 shares at ₹2306 in Jan '24 to India Business Excellence Fund IV. After a face value split (₹2 to ₹1) and a 1:1 bonus issue, the effective price per share is ₹576.5.
With 13.37 cr shares outstanding as of 1st May 2024 and FY24 net worth of ₹3095 cr, this private placement was executed at 2.49x book value.
In the unlisted market, it is available at INR 985, and Book value as on 31.03.2024 is 232, so P/B is 4.24x. Which is high..
Financials of SK Finance Limited are updated for 2023
Financials of SK Finance Limited are updated for 2021
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