₹400.00 Crores | Listing at BSE, NSE | Fri, Aug 1, 2025 - Mon, Aug 11, 2025
Spandana Sphoorty Financial Limited Rights Issue comprises 1.74 Cr equity shares aggregating to ₹400.00 Cr, offered at an issue price of ₹230 per share with a face value of ₹5 per share.
The record date for determining eligible shareholder is Jul 24, 2025, with the Rights Issue being offered in the entitlement ratio of 10 : 41.
The term of payment is defined as following : Amount for Rights Equity Shares Rs. 115.00/- shall be payable by the eligible shareholders at the time of application, and the balance Rs. 115.00/- in the 1st and Final call, as determined by the Board in consultation with the Rights Issue Committee
The Rights Entitlements are expected to be credited to eligible demat accounts on Aug 13, 2025.
The Rights Issue opens on Aug 1, 2025, and closes on Aug 11, 2025, with renunciation of Rights Entitlements permitted up to Aug 6, 2025.
The deemed date of allotment is Aug 13, 2025, following which the equity shares are expected to be credited to demat accounts on Aug 13, 2025 and listed at the NSE and the BSE on Aug 14, 2025.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Spandana Sphoorty Financial Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Jul 24, 2025
Entitlement Ratio
10 : 41
Open Date
Fri, Aug 1, 2025
Close Date
Mon, Aug 11, 2025
Amount for Rights Equity Shares Rs. 115.00/- shall be payable by the eligible shareholders at the time of application, and the balance Rs. 115.00/- in the 1st and Final call, as determined by the Board in consultation with the Rights Issue Committee
Spandana Sphoorty Financial Limited's revenue decreased by 3% and profit after tax (PAT) dropped by 307% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 8,493.53 | 13,382.53 |
| Revenue | 2,424.09 | 2,510.78 |
| Profit After Tax | -1,035.16 | 500.72 |
| Net Worth | 2,633.29 | 3,644.89 |
| Reserves and Surplus | 2,561.74 | 3,573.30 |
| Amount in ₹ Crore | ||
Spandana Sphoorty Financial Limited is a rural-focused, non-banking financial company (NBFC-MFI) in India, specializing in microfinance lending.They offer income-generating loans, primarily to women in low-income rural households, under the joint liability group (JLG) model, also known as "Chetana".
Additionally, they provide Loan Against Property (LAP) and loans to nano-enterprises through their subsidiary, Criss Financial Ltd.
Spandana Sphoorty's core business is providing small, unsecured loans to low-income individuals in rural and semi-urban areas.
The company utilizes the Joint Liability Group (JLG) model, where a group of individuals jointly guarantee each other's loans.
The Company intends to utilise the Net Proceeds from the Issue towards funding of the following objects:
[Dilip Davda] SSFL is a rural focused NBFC-MFI having its operations in 426 districts. Following some technicality, it suffered a whopping loss of Rs. 1378.80 cr. for FY25. The sudden losses brought down its NAV and boosted its NPAs. Based on last two fiscal’s data, the issue is aggressively priced. There is no harm in skipping this “High Risk/Low Return” pricey bet. Read detail review...
Spandana Sphoorty Financial Rights Issue 2025 got subscribed by 1 times by the end of the bidding period with total bid quantity received by BSE and NSE of 1,74,35,286 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Aug 11 2025 17:00:00 | 1,29,55,530 | 44,79,756 | 1,74,35,286 | 1.00x |
Spandana Sphoorty Financial Limited
Galaxy, Wing B, 16th Floor
, Plot No.1, Sy No 83/1, Hyderabad Knowledge City
TSIIC, Raidurg Panmaktha,
Hyderabad, 500081
The Spandana Sphoorty Financial Rights Issue 2025 opens on Fri, Aug 1, 2025, and closes on Mon, Aug 11, 2025.
Spandana Sphoorty Financial Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Fri, Jul 25, 2025 |
| Last Date for renunciation of Rights Entitlements | Wed, Aug 6, 2025 |
| Issue Opening Date | Fri, Aug 1, 2025 |
| Issue Closing Date | Mon, Aug 11, 2025 |
| Date of Allotment (on or about) | Wed, Aug 13, 2025 |
| Date of Credit (on or about) | Wed, Aug 13, 2025 |
| Date of Listing (on or about) | Thu, Aug 14, 2025 |
You can apply for Spandana Sphoorty Financial Rights Issue 2025 in two ways:
Steps to apply for Spandana Sphoorty Financial Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Spandana Sphoorty Financial Rights Issue 2025 using Registrar's website (R-WAP)
