IPO Detail

Spandana Sphoorty Financial Limited
*As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated June 28,2019, all Syndicate Members / Registered Stock Brokers / DPs / RTAs shall use Unified Payments Interface (UPI) as a mandatory payment mechanism for bid amounting to Rs. 2 Lakhs and below for applications in public issues by retail individual investors and Share Holders. *All Other Category of investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments.
Issue Period05-Aug-2019 to 07-Aug-2019
Post issue Modification Period08-Aug-2019 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation08-Aug-2019 (upto 12:00 PM)
Issue Size Initial Public offer of [.] Equity Shares comprising a Fresh Issue of Rs 4000 Million and an Offer for Sale of 9,356,725 Equity Shares (including anchor portion of 4,208,886 Equity Shares)
Issue Type100% Book Building
Price RangeRs.853 to Rs.856
Face ValueRs 10
Tick SizeRe 1
Bid Lot17 Equity Shares and in multiples thereof
Minimum Order Quantity17 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Maximum Bid Quantity for QIB Investors9,822,362 Equity Shares in multiple of 17 Equity Shares
Maximum Bid Quantity for NIB Investors7,023,023 Equity Shares in multiple of 17 Equity Shares
IPO Market Timings10.00 a.m. to 5.00 p.m.
Book Running Lead ManagersIndusInd Bank Limited and YES Securities (India) Limited
Global Co-Ordinators And Book Running Lead ManagersAxis Capital Limited, ICICI Securities Limited, IIFL Securities Limited and JM Financial Limited
Sponsor BankICICI Bank Limited
Self Certified Syndicate Banks (SCSBs) eligible as Issuer Banks for UPIIssuer Banks for UPI
CategoriesFI, IC, MF, FII, OTH, CO, IND and NOH
Name of the RegistrarKarvy Fintech Private Limited
Address of the RegistrarKarvy Selenium Tower B, Plot 31-32, Gachibowli Financial District, Nanakramguda, Hyderabad 500 032
Contact person name number and Email idM. Murali Krishna,+91 40 6716 2222, spandana.ipo@karvy.com
e-form linke-Forms
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA formSCSB List
Ratios / Basis of Issue PriceClick Here
Red Herring ProspectusClick Here
Bidding CentersClick Here
Sample Application FormsClick Here
Mock ParametersClick Here
Live Parameters Click Here
Anchor Allocation ReportClick Here
Video link for UPI based ASBA processUPI Based ASBA Process
Video link for BHIM UPI RegistrationBHIM UPI Registration