Moneysukh

  Established in 1994,  SK Finance   is a non-deposit taking NBFC that have distribution network across parts of India. The company operated in two verticals; vehicle financing and financing for MSME. As per the report by CRISIL, SK Finance is the fastest growing player in the vehicle financing and MSME financing segments among its peers. The company offers secured, granular, and retail loans for financing used and new commercial vehicles, cars, tractors, and new two-wheelers. For the nine months ended December 31, 2023, SK FINANCE had the highest used vehicle finance share of 77.41%. SK FINANCE started its MSME lending business in late 2016, offering loans for working capital requirements to mid to low-income customers, primarily self-employed, unbanked individuals in rural and semi-urban areas of India. SK Finance Limited IPO Objectives SK Finance IPO  offer comprises of a fresh issue and offer for sale by existing shareholders. The selling shareholders would be pa...

  In recent past, mainboard IPO has become a money making machine for regular investors, in which the shares of company floating the IPO generally trades at premium. The premium offering leads to a good return for individual investors for ex.  Tata technologies IPO , which debut the bourses at 140% premium. Retail investors typically receive 35% of the issue size, but in select cases, SEBI may reserve 10% of the quota for retail investors and 75% for qualified institutional buyers. While there is no sure way to secure an allotment, the following approaches may help an investor improve their chances of getting an IPO allocation:  Bid at a Cut-Off Price Often, companies floating an IPO use a book-building procedure to find the best stock price. The company calculates a price range within which investors can bid for the IPO issue. Most investors apply through a cut-off price, meaning they are willing to pay whatever price the company decides after the book-building process. ...

  Tata Technologies Limited - Company Profile Tata Technologies   is the unlisted subsidiary of India’s largest commercial vehicle maker Tata Motors. Tata Technology is a global engineering and product development services company providing product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (OEMs). The company is focused on services like Product Lifecycle Management (PLM) and Connected Enterprise IT (CEIT) to manufacturers and their suppliers in the international automotive, aerospace and engineering markets. Its services include IT consultancy, Computer Aided Design/Computer Aided Manufacturing (CAD/CAM) engineering & design consultancy, SAP implementation & maintenance and providing networking solutions. Tata Motors, Jaguar Land Rover Airbus SE and Honda Motor Co. Ltd. are its leading clients. Operating with a total of 11,081 employees (10,161 full-time and 920 contracted), Tata Technologies has 18 deliv...

What is  DRHP in IPO ? DRHP stands for  draft red herring prospectus,  is the first document that needs to be prepared by the companies mulling to raise funds through IPO. The DRHP is filed with the SEBI to get the official approval and go for the IPO launch to raise the funds. The main motive of presenting this document is to provide investors the various crucial information about the company like the core business of the company, financials, company growth plan and the IPO fund where it will be used and the risk involved in the business. Though, it is not the final document related to  IPO , a more comprehensive and updated version of DHRP is RHP or  red hearing prospectus  that needs to be presented after the observation given by the SEBI seeking additional information about the company. DHRP is usually prepared by the merchant bankers hired by the company to look after the IPO-related proceedings. Apart from SEBI, this document is also publicly pre...