Exchanges
BSE, NSE
Industry
Microfinance Institutions
Issue
Book building

Spandana Sphoorty Financial IPO

₹847.80

−0.96% on listing

Listing-day close · NSE · 19 Aug 2019 · issue price ₹856

Spandana Sphoorty Financial’s ₹1,190 crore IPO was priced at ₹856 a share. It listed on the NSE on 19 Aug 2019 and closed its first day at ₹847.80, down 0.96% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,190 Cr
Fresh issue
₹389 Cr
Offer for sale
₹801 Cr
Lot size
17 shares
Minimum investment
₹14,552
Face value
₹10
Registrar
Kfin Technologies

Subscription

Spandana Sphoorty Financial IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.05×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹5,505 Cr
Promoter holding
81.21% → 62.60%

From the offer documents.

Listing

Listing date
19 Aug 2019
Issue price
₹856
Open
₹825.00
High
₹866.00
Low
₹691.10
Close
₹847.80

Listing day on the NSE. The close was −0.96% on the issue price.

SPANDANA share price today

FAQs

When did the Spandana Sphoorty Financial IPO open and close?

It opened on 5 Aug 2019 and closed on 7 Aug 2019.

What was the Spandana Sphoorty Financial IPO price?

The price band was ₹853–856 a share. The final issue price was ₹856.

What is the lot size and minimum investment?

One lot is 17 shares, ₹14,552 at ₹856 a share. Retail investors apply in whole lots.

How much did Spandana Sphoorty Financial raise?

₹1,190 crore: ₹389 crore of new shares and ₹801 crore offered by existing shareholders.

How many times was the Spandana Sphoorty Financial IPO subscribed?

1.05 times overall.

How did Spandana Sphoorty Financial list?

It listed on the NSE on 19 Aug 2019 at ₹825.00 and closed the day at ₹847.80, down 0.96% on the ₹856 issue price.

Who is the registrar of the Spandana Sphoorty Financial IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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