Spotlight: Is PE-backed SK Finance’s IPO dream slipping away?

By Ajay Ramanathan

  • 03 Oct 2025
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Rajendra Kumar Setia, MD and CEO, SK Finance

SK Finance, backed by private equity firms TPG and Norwest, filed for a Rs 2,200 crore ($248 million) IPO over a year ago. The Jaipur-based NBFC had planned to raise Rs 500 crore through a fresh issue, with the rest via an offer for sale (OFS) by existing investors. The listing ......

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