Spandana Sphoorty Financial ipo to hit the market on 05-August and closes on 07-August. Spandana Sphoorty comes with fresh issue of 400 crore and offer for sale up to 13,146,595 equity shares. The offer for sale includes existing share holders Kedaara Capital Alternative Investment, Helion Venture Partners and Valiant Mauritius Partners. The company incorporated in 1998. Spandana Sphoorty is a rural area focused NBFC-Microfinance Institution founded by Mrs Reddy. Spandana Sphoorty is a micro finance company and has over over 4000 employees in 15 states. The products company offers to clients are 1. Abhilasha (JLG Loans) 2. Shree Loans 3. Loans Against Property (LAP) 4. Gold Loans (Keertana) 5. Phinix Loans and 6. Interim Loans. Checkout Spandana Sphoorty ipo dates, price band and more details.
Spandana Sphoorty IPO Review:
- Good for Long Term
Spandana Sphoorty IPO Dates & Price Band: (Tentative)
| IPO Open: | 05-Aug-2019 |
| IPO Close: | 07-Aug-2019 |
| IPO Size: | Approx Rs.1200 Crore (Approx) |
| Face Value: | Rs.10 Per Equity Share |
| Price Band: | Rs.853-856 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 13,146,595 Shares |
Spandana Sphoorty IPO Market Lot:
- Shares: Apply for 17 Shares (Minimum Lot Size)
- Amount: Rs.14,552
Spandana Sphoorty IPO Allotment & Listing:
- Basis of Allotment: 14-August-2019
- Refunds: 14-August-2019
- Credit to demat accounts: 16-August-2019
- Listing: 19-August-2019
Spandana Sphoorty Financial:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2014 | 277.1 | 219.0 | 58.1 | ||
| 2015 | 328.6 | 220.6 | 107.3 | ||
| 2016 | 351.3 | 228.8 | 246.5 | ||
| 2017 | 364.2 | 310.8 | 42.1 | ||
| 2018 | 572.6 | 344.9 | 170.4 | ||
Company Promoters:
- Padmaja GangiReddy
- Kangchenjunga Limited
Spandana Sphoorty IPO Registrar:
Karvy Computershare Private Limited
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
E-mail: spandana.ipo@karvy.com
Investor grievance E-mail: einward.ris@karvy.com
Website: www.karisma.karvy.com
Note: Check Spandana Sphoorty ipo allotment status on Karvy website allotment url. Click Here
Spandana Sphoorty IPO Lead Managers:
- Axis Capital Limited
- ICICI Securities Limited
- IIFL Holdings Limited
- JM Financial Limited
- IndusInd Bank Limited
- YES Securities (India) Limited
Company Address:
Spandana Sphoorty Limited
Plot No: 31 & 32, Ramky Selenium Towers,
Tower A,Ground Floor, Financial District,
Nanakramguda, Hyderabad 500032
Tel: +91 40 4812 6666
Fax: +9140 4438 6640
Contact Person: Rakesh Jhinjharia
(Company Secretary and Compliance Officer)
E-mail: secretarial@spandanaindia.com
Website: www.spandanaindia.com
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