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Spandana Sphoorty Financial IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1202.34 Cr. The company is based in Hyderabad and caters to Banking And Finance sector. Axis Capital , ICICI Securities , IIFL Securities , Indusind Bank are the merchant bankers of Spandana Sphoorty Financial IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th June 2018.
Spandana Sphoorty Financial IPO open date is 5th August 2019 and close date is 7th August 2019. IPO Allotment Date is 14th August 2019 and Listing date is 19th August 2019.
IPO
Size:
₹ 1202.34 Cr.
Avg IPO Size (Sector Based)
: ₹
1,911.46 cr.
Sector: Banking And Finance
IPO so far:
80
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Hyderabad
IPO so far:
36
Revenue (annualised):
₹
1036.28
cr. 
PE
Ratio:
17.60x
Average Sector PE Ratio: 20.65x
Spandana Sphoorty Financial IPO size is ₹ 1202.34 Cr. with IPO price of ₹ 856.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Spandana Sphoorty Financial IPO. Kfin Technologies Limited is the Registrar for Spandana Sphoorty Financial IPO.
Spandana Sphoorty Financial IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Spandana Sphoorty Financial IPO, based in Hyderabad, operates in the Banking And Finance sector with a focus on NBFC. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Spandana Sphoorty Financial IPO size is ₹ 1202.34 Cr. with fresh issue size of ₹ 1,202 and Offer for sale being ₹ Nil
The IPO allotment date for Spandana Sphoorty Financial IPO is expected to be 14th August 2019, after the finalization of basis of allotment. Investors can check Spandana Sphoorty Financial IPO allotment status on the registrars website, Kfin Technologies Limited . Spandana Sphoorty Financial IPO refund dates are 14th August 2019.
Spandana Sphoorty Financial IPO is expected to be listed on 19th August 2019.
The upper price band for the Spandana Sphoorty Financial IPO is set at ₹ 856.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Spandana Sphoorty Financial IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Spandana Sphoorty Financial IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th August 2019. After submission, funds are blocked until the basis of allotment of Spandana Sphoorty Financial IPO is finalised.
The merchant banker for Spandana Sphoorty Financial IPO is Axis Capital Limited , ICICI Securities Limited , IIFL Securities Limited , Indusind Bank Limited . Axis Capital Limited , ICICI Securities Limited , IIFL Securities Limited , Indusind Bank Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Spandana Sphoorty Financial IPO RHP for further details.
The registrar for Spandana Sphoorty Financial IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Spandana Sphoorty Financial IPO through their official website or helpline.
Spandana Sphoorty Financial IPO was subscribed 1.05 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1,202.34 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,911.46 Cr.
Sector: Banking And Finance
IPO so far:
80
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Hyderabad
IPO so far:
36
Revenue (annualised):
₹ 1,043.09 cr.
PE
Ratio:
17.60x
Average Sector PE Ratio: 20.65x
Spandana Sphoorty Financial IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Spandana Sphoorty Financial Financial Review Page
Merchant Banker(s) of Spandana Sphoorty Financial IPO: Axis Capital Limited , ICICI Securities Limited , IIFL Securities Limited , Indusind Bank Limited
Spandana Sphoorty Financial IPO subscription was 1.05 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Spandana Sphoorty Financial IPO listed at a listing price of 848.40 against the offer price of 856.00.
The current market price of Spandana Sphoorty Financial is 306.25.
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