Spandana Sphoorty Financial Ltd is a rustic zone centered NBFC-Microfinance Institution. It is occupied with offering little ticket unbound advances to help the ladies in the low-level of pay in provincial and urban zones. The organization gives pay age credits, business advances and advances against gold adornments.
The Spandana Sphoorty IPO is a Book Building IPO which opens on Aug 5, 2019, and shut on Aug 7, 2019. The value band for the IPO shares is set between Rs 853 to Rs 853. Furthermore, the membership will close at 5 PM on Aug 7, 2019. (Note: But most intermediaries quit tolerating application between 1 PM to 3 PM.) The Size of IPO is 14046056 Equity Shares of ₹10 totaling up to ₹1,200.94 Cr.
Spandana Sphoorty IPO Details:
Issue Open: Aug 5, 2019 – Aug 7, 2019.
Issue Type: Book Built Issue IPO.
Issue Size: 14,046,056 Eq Shares of Rs 10 (conglomerating up to Rs 1,200.94 Cr).
New Issue: 4,689,331 Eq Shares of Rs 10 (totaling up to Rs 400.00 Cr).
Offer for Sale: 9,356,725 Eq Shares of Rs 10 (amassing up to Rs [.] Cr).
Face Value: Rs 10 Per Equity Share.
Issue Price: Rs 853 – Rs 856 Per Equity Share.
Market Lot: 17 Shares.
Min Order Quantity: 17 Shares
Posting At: BSE, NSE.
Spandana Sphoorty IPO Prospectus:
Spandana Sphoorty IPO oversubscribed if offers are gotten for additional offers than what is offered by the organization. To wrap things up you can get the three days IPO status in BSE and NSE.
Spandana Sphoorty IPO Registrar:
Karvy Computershare Private Limited,
Karvy Registry House, 8-2-596, St. No. 1,
Banjara Hills, Hyderabad – 500 034.
Andhra Pradesh, India.
Disclaimer: This post is only data about the IPO. It doesn't offer any guidance or suggestion. It would be ideal if you read the offer archive cautiously and counsel your consultant before contributing.