Spandana Sphoorty IPO Subscription Details (Live Status)

Spandana Sphoorty IPO Subscription Status Live

Spandana Sphoorty IPO subscribed 1.05 times. The public issue subscribed 0.09 times in the retail category, 3.11 times in QIB, and 0.55 times in the NII category by Aug 7, 2019.

Investor CategorySubscription (times)
Qualified Institutions3.11
Non-Institutional Buyers0.55
Retail Investors0.09

Spandana Sphoorty IPO (Day-wise) Subscription Details (times)

Day 1
Aug 5, 2019
Day 2
Aug 6, 2019
Day 3
Aug 7, 2019

Spandana Sphoorty IPO Shares Offered

Spandana Sphoorty IPO is a public issue of 9,822,367 equity shares. The issue offers 4,916,120 shares to retail investors, 2,799,338 shares to qualified institutional buyers, and 2,106,909 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

* Anchor Investor portion is not included.

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Spandana Sphoorty IPO Subscription FAQs

The Spandana Sphoorty IPO is subscribed 1.05 by Aug 7, 2019.

Spandana Sphoorty IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional3.11
Non Institutional0.55
Retail Individual0.09
Employee Reservations[.]
Total Subscription1.05

Retail category of Spandana Sphoorty IPO subscribed 0.09 times as of date Aug 7, 2019. The public issue closes on Aug 7, 2019 for bidding.

An investor can apply in Spandana Sphoorty IPO online via bank (using ASBA) or the broker (using UPI). The Spandana Sphoorty IPO shares are offered online only.

The Spandana Sphoorty IPO is subscribed 1.05 by Aug 7, 2019.

The Spandana Sphoorty IPO allotment status is expected on or around Aug 14, 2019. Visit Spandana Sphoorty IPO allotment status to check.

The Spandana Sphoorty IPO listing date is Monday, August 19, 2019. The equity share of Spandana Sphoorty Financial Ltd will list on BSE, NSE.

Visit Spandana Sphoorty IPO subscription status page for real-time bidding information about Spandana Sphoorty IPO.

Spandana Sphoorty IPO Timetable

IPO Opens OnAug 5, 2019
IPO Closes OnAug 7, 2019
Finalisation of Basis of AllotmentAug 14, 2019
Initiation of RefundsAug 14, 2019
Credit of Shares to Demat AccountAug 16, 2019
IPO Listing DateAug 19, 2019