SEBI puts Jaipur-based SK Finance IPO in abeyance
Mon, Jul 8, 2024 8:38 PM

SEBI puts Jaipur-based SK Finance IPO in abeyance

A Flip by Shubhangi Gupta
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Sebi has put on hold the proposed IPO of SK Finance, a non-bank lender, which aimed to raise ₹500 crore through a fresh issue of equity shares and ₹1,700 crore through an offer for sale (OFS) by promoters and investor shareholders. The IPO proceeds were intended to strengthen SK Finance's capital base for lending activities and general corporate purposes.

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