Spandana Sphoorty Financial Ltd IPO

Spandana Sphoorty Financial Ltd IPO Details, Financials, Subscription Status, GMP & More.

Spandana Sphoorty Financial Ltd Logo
Spandana Sphoorty Financial Ltd IPO Details & Company Portfolio / Business Model: Incorporated in 2003, Spandana Sphoorty Financial Ltd is a rural area focused NBFC-Microfinance Institution. Mrs. Reddy is a founder, MD, and promoter of the company. It is engaged in offering small-ticket unsecured loans to help the women in the low-income bracket in rural and urban areas. The company provides income generation loans, business loans, and loans against gold jewelry.
You can also check more Spandana Sphoorty Financial Ltd IPO’s latest news from this portal. Our aim is to keep you up to date on Upcoming IPO information.

Spandana Sphoorty IPO Details

IPO Opening Date Aug 5, 2019
IPO Closing Date Aug 7, 2019
Type Of Issue Book Built Issue IPO
Current Face Value ₹10 per equity share
IPO Price ₹853 to ₹856 per equity share
Market Lot Size 17 Shares
Minimum Order Quantity 17 Shares
Will Be Listed At BSE, NSE
Issue Size 14,046,056 Eq Shares of ₹10
(aggregating up to ₹1,202.34 Cr)
Fresh Issue 4,689,331 Eq Shares of ₹10
(aggregating up to ₹400.00 Cr)
Offer for Sale 9,356,725 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)

Spandana Sphoorty Financial Ltd IPO Prospectus

This information shows all information about Spandana Sphoorty Financial Ltd IPO. You can check more detailed information like company registrar information of this IPO and more information about the IPO lot size from this page itself.

Company Financial Reports

Summary of financial Information (Restated)

Year/Period (in Rs. 10 Lakhs)
31-Mar-19 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15
Total Assets 48,980.37 37,642.47 19,286.22 20,998.95 23,524.69
Total Revenue 10,362.81 5,872.74 3,770.64 3,438.62 3,019.71
Profit After Tax 3,087.48 1,879.71 4,434.14 2,432.35 1,050.99

With the help of the above table, you can figure out company performance over the last few years. You can identify if the company is making profits or losses.

Spandana Sphoorty IPO Timetable

The Spandana Sphoorty IPO date is from Aug 5, 2019, to Aug 7, 2019. The bidding time is 10.00 A.M. to 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

IPO Opening Date Aug 5, 2019
IPO Closing Date Aug 7, 2019
Basis of Allotment Aug 14, 2019
Initiation of Refunds Aug 14, 2019
The credit of Shares to Demat Aug 16, 2019
IPO Listing Date Aug 19, 2019

This table is essential as it provides you the complete information about the upcoming IPO’s lot size, several shares, and the minimum amount required to apply for this IPO.

Spandana Sphoorty IPO Lot Size

The Spandana Sphoorty IPO market lot size is 17 shares. A retail-individual investor can apply for up to 13 lots (221 shares or ₹189,176).

Application Lots Shares Amount (Cut-off)
Minimum 1 17 ₹14,552
Maximum 13 221 ₹189,176

Company Promoters & Holding

Padmaja Gangireddy and Kangchenjunga Limited are the promoters of the company.

Company Promoters play a vital role in any company’s success. That’s you need a clear idea about who are the promoters behind this company. You can even check the names given below for a better idea.

Company Registrar & Address

Spandana Sphoorty IPO Registrar:

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/

You can also check the company contact information given below, with the help of this information you can communicate with the company easily.

Company Contact Information:

Spandana Sphoorty Financial Ltd
Plot No: 31 & 32,
Ramky Selenium Towers, Tower A, Ground Floor,
Financial District, Nanakramguda, Hyderabad 500 032
Phone: +91 40 4812 6666
Email: [email protected]
Website: http://www.spandanaindia.com/

This is the complete information about the Spandana Sphoorty Financial Ltd IPO. If you have any queries/questions regarding any information provided above then feel free to contact us anytime or leave a comment below.

Spandana Sphoorty Financial Ltd IPO Subscription Status

Day 1 (times) Day 2 (times) Day 3 (times) Day 4 (times)
QIB 0.00 0.00 0.00 0.00
NII 0.00 0.00 0.00 0.00
Retail 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00

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GMP (Grey Market Premium)

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