SSPN Finance Ltd IPO (SSPN Finance IPO) Detail

Mar 10, 2015 - Mar 12, 2015

Incorporated in 2012, SSPN Finance is a financial services company offers corporate and financial advisory services which includes Project Advisory, Loan Syndication, Mergers & Acquisitions and Private Equity. The Corporate Advisory services clients ranging from medium-sized corporates, SMEs and family managed businesses.

They are also engaged in making investment in the form of Debt & Equity in various companies. They also fund the requirements of clients and business associates by providing short term loans and advances to them and earning interest income from the same. These advances are made typically in known circle and through proper reference checks. Also they provide real estate advisory services. They provide efficient, low-cost, secure investment strategies to investors both individual and institutional across Mumbai to meet their financial objectives.

Company Promoters:

The Promoters of the company are:

Individual Promoter:

1. Mr. Chandu K. Jain
2. Mr. Keshrimal B. Jain


3. Chandu K Jain HUF

Objects of the Issue:

The object of the issue are to:

1. Augmenting long term working capital;
2. Meeting public issue expenses.

SSPN Finance IPO Details

IPO Opening Date Mar 10, 2015
IPO Closing Date Mar 12, 2015
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹20 per equity share
Market Lot 6000 Shares
Min Order Quantity 6000 Shares
Listing At BSE SME
Issue Size750,000 Eq Shares of ₹10
(aggregating up to ₹1.50 Cr)

SSPN Finance IPO Lot Size

The SSPN Finance IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 6000 ₹120,000
Maximum 1 6000 ₹120,000

SSPN Finance IPO Prospectus

SSPN Finance IPO Rating

Rating:Rated 2.3 stars
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SSPN Finance IPO Listing Date

Listing Date Monday, March 16, 2015
BSE Script Code 539026
NSE Symbol
Listing In MT Group of Securities
ISIN INE820R01017
IPO Price ₹20 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

SSPN Finance Ltd
106, Siddhesh Apt, 2nd Khattar Gali,
Thakurdwar Road,
Charni Road (East), Mumbai
Phone: +91 22 6127 5138

SSPN Finance IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

SSPN Finance IPO Reviews / Ratings


SSPN Finance IPO is a SME IPO of 750,000 equity shares of the face value of ₹10 aggregating up to ₹1.50 Crores. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares.

The IPO opens on Mar 10, 2015, and closes on Mar 12, 2015.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The SSPN Finance IPO opens on Mar 10, 2015 and closes on Mar 12, 2015.

SSPN Finance IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

You can apply in SSPN Finance IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for SSPN Finance IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the SSPN Finance IPO allotment status.

The SSPN Finance IPO listing date is on Monday, March 16, 2015.

SSPN Finance IPO Message Board

Ranked Members  Ranked Members

1. DURAISWAMY |Mar 25, 2015 15:06
Listing on 26-03-2016
1.1. DURAISWAMY |Mar 29, 2015 21:48