Spandana Sphoorty (Mainboard) IPO Opens on Aug 5th 2019


IPO Investment Portal
Incorporated in 2003, Spandana Sphoorty Financial Ltd is a NBFC-MFI and provides small-finance loans. The loan products are named as Abhilasha (JLG Loans), Shree Loans, Loans Against Property (LAP), Gold Loans (Keertana), Phinix Loans and Interim Loans.

It helps the low-income group of women by providing business loans, income generation loans, and loans against gold jewellery. The company has 694 branches and 4,045 employees working across 15 states in India.

Spandana Sphoorty public issue detail:
  • Issue Open: Aug 5, 2019 - Aug 7, 2019
  • Issue Type: Book Built Issue IPO
  • Issue Size: Fresh Issue: Rs 400.00 Cr, Offer for Sale: 9,356,725 Equity Shares
  • Face Value: Rs 10 Per Equity Share
  • Issue Price: Rs 853- Rs 856 Per Equity Share
  • Market Lot: 17 Shares
  • Min Order Quantity: 17 Shares
  • Listing At: BSE, NSE
For more detail visit Spandana Sphoorty IPO Detail page.