August 5, 2019 - August 7, 2019

Spandana Sphoorty IPO FAQ

Spandana Sphoorty IPO Date & Price

The Spandana Sphoorty IPO opens on August 5, 2019 and closes on August 7, 2019.

Spandana Sphoorty IPO timetable / schedule is as below:

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

Spandana Sphoorty IPO Draft Red Herring Prospectus (DRHP) PDF

Spandana Sphoorty IPO Red Herring Prospectus (RHP) PDF

Spandana Sphoorty IPO price is set at ₹856 per equity share.

Spandana Sphoorty IPO will close for subscription at 5 PM on August 7, 2019. But most brokers stop accepting application between 1 PM to 3 PM.

The Spandana Sphoorty IPO starts on August 5, 2019. The issue ends on August 7, 2019.

Spandana Sphoorty IPO Issue Size and Subscription Status

The Spandana Sphoorty IPO size is 14046056 Equity Shares of ₹10 aggregating up to ₹1,202.34 Cr.

Spandana Sphoorty Financial Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Spandana Sphoorty IPO shares through the banks (using ASBA) or through the broker (using UPI).

Spandana Sphoorty IPO Offer Size

Qualified Institutional Buyers (QIB)	7,023,027 Shares
Non-Institutional Investors (NII)	2,106,909 Shares
Retail Individual Investor (RII)	4,916,120 Shares
Employee Reservations	0 Shares
Other Reservations	0 Shares
Total Issue Size	14,046,056 Shares

Spandana Sphoorty IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)	3.11 times times
Non-Institutional Investors (NII)	0.55 times times
Retail Individual Investor (RII)	0.09 times times
Employee Reservations	times
Other Reservations	times
Total Issue Size	1.05 times times

Click here to check the Spandana Sphoorty IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Spandana Sphoorty IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Spandana Sphoorty IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Spandana Sphoorty IPO Allotment and Listing

The Spandana Sphoorty IPO allot status will be available online on August 14, 2019. Check the Spandana Sphoorty IPO Allotment Status here.

Click here to check Spandana Sphoorty IPO Allotment Status.

Spandana Sphoorty IPO listing Date is August 19, 2019. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Spandana Sphoorty IPO listing date and time is published by the exchange in a circular.

Click here to view the Spandana Sphoorty IPO Basis of Allotment.

It is hard to say at what price Spandana Sphoorty IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Spandana Sphoorty IPO shares will list on August 19, 2019 at BSE, NSE.

Spandana Sphoorty IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Spandana Sphoorty IPO which could help you with questions like Spandana Sphoorty IPO buy or not? You should also read Spandana Sphoorty IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Spandana Sphoorty IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Spandana Sphoorty IPO performance. The performance reports are available 1 day after listing.

Spandana Sphoorty IPO FAQ

Spandana Sphoorty IPO Date & Price

When is Spandana Sphoorty IPO coming?

What is Spandana Sphoorty IPO schedule?

Where can I get the Spandana Sphoorty IPO prospectus pdf?

What is Spandana Sphoorty IPO price? Tell me the pricing of Spandana Sphoorty IPO shares?

What is Spandana Sphoorty IPO closing time?

When Spandana Sphoorty IPO start?

Spandana Sphoorty IPO Issue Size and Subscription Status

What is Spandana Sphoorty IPO size?

How to buy Spandana Sphoorty IPO?

How many Spandana Sphoorty IPO shares offered to retail investors?

Spandana Sphoorty IPO Offer Size

How much Spandana Sphoorty IPO subscribe?

Spandana Sphoorty IPO IPO Subscription Status

Spandana Sphoorty IPO how to subscribe?

How do I apply Spandana Sphoorty IPO with Zerodha?

What is Spandana Sphoorty IPO Gray Market Premium (GMP)?

Spandana Sphoorty IPO Allotment and Listing

When will Spandana Sphoorty IPO allot?

Where do I check Spandana Sphoorty IPO allotment status?

When is Spandana Sphoorty IPO getting listed? What is Spandana Sphoorty IPO trading date?

What is Spandana Sphoorty IPO basis of allotment?

What is Spandana Sphoorty IPO expected listing price?

When is Spandana Sphoorty IPO listing?

Spandana Sphoorty IPO - Should I apply?

What are Spandana Sphoorty IPO expert advice/expert views/analyst views?

Spandana Sphoorty IPO good or bad? Should you invest in Spandana Sphoorty IPO subscribe or not?

Spandana Sphoorty IPO should you apply? Spandana Sphoorty IPO worth investing?

How much profit can I make in Spandana Sphoorty IPO retail?

How do I check Spandana Sphoorty IPO performance?

Read more about Spandana Sphoorty IPO