Spandana Sphoorty IPO Allotment Status Online

Spandana Sphoorty IPO Details

IPO Open Aug 5, 2019
IPO Close Aug 7, 2019
IPO Price ₹856
Face Value ₹10
IPO Size ₹1,202.34 Cr
Listing At BSE, NSE
Lot Size 17
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Spandana Sphoorty IPO Schedule

  • Bid/Offer Opens On: Aug 5, 2019
  • Bid/Offer Closes On: Aug 7, 2019
  • Finalization of Basis of Allotment: Aug 14, 2019
  • Initiation of refunds: Aug 14, 2019
  • Credit of Equity Shares: Aug 16, 2019
  • Listing Date: Aug 19, 2019

Check Spandana Sphoorty IPO allotment status online by clicking the button below. If you have difficulties finding the Spandana Sphoorty Financial Ltd IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Spandana Sphoorty IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Spandana Sphoorty Financial Ltd IPO, check the 'basis of allotment' document.

Spandana Sphoorty IPO Allotment FAQs

The Spandana Sphoorty IPO allotment status will be available on Aug 14, 2019, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Spandana Sphoorty IPO allotment status online:

  • Visit the Spandana Sphoorty IPO allotment status page.
  • Click on the green Spandana Sphoorty IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Spandana Sphoorty IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of Spandana Sphoorty IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Spandana Sphoorty IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Spandana Sphoorty IPO allotment status is expected on Aug 14, 2019. Click the green button Spandana Sphoorty IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Spandana Sphoorty IPO oversubscribed in the retail category, the Spandana Sphoorty IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Spandana Sphoorty IPO shares will get listed on Monday, August 19, 2019. The equity share of Spandana Sphoorty Financial Ltd will list on BSE, NSE.

The reason you didn't get the Spandana Sphoorty IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The Spandana Sphoorty IPO will open for bidding on Aug 5, 2019. The IPO application closes on Aug 7, 2019.