Call us +91 -7376325889/ 7376335889
Mail
Support
Partners
Careers
Knowledge Center
Downloads
Margin Calculator
Equity
F&O
MF
Online Trading
Open an Account
Back Office
Apply IPO
ABOUT US
SERVICES
MARKETS
Equity
Derivatives
Mutual Fund
IPO
PORTFOLIO
OUR RECOMMENDATIONS
CONTACT US
CALCULATORS
MENU
×
HOME
SERVICES
MARKETS
PORTFOLIO
OUR RECOMMENDATIONS
ABOUT US
SERVICES
CONTACT US
CALCULATORS
Online Trading
Open an Account
Back Office
Apply IPO
IPO
IPO
Gainers & Losers
Forthcoming Issues
Open Issues
Closed Issues
New Listing
Basis of Allotment
Draft Prospectus
New Issue Monitor
Best Performers
Know IPO
IPO Synopsis
Back
Spandana Sphoorty Financial Ltd
Registered Office:
PNo 31&32 Ramky SeleniumTowers,Tower A Gr Fl Nanakramguda, Hyderabad - 500032, Telangana, India. Phone : 91-40-48126666 Fax:91-40-44386640
Email :
contact@spandanasphoorty.com; secretarial@spandana
Website :
www.spandanasphoorty.com
Initial Public Offer of 13,900,110 equity shares* of face value of Rs.10 each ("equity shares") of the company for cash at a price of Rs.856 per equity share (including a share premium of Rs.846 per equity share) aggregating to Rs.1189.85 Crores* ("offer"), comprising a fresh issue of 4,543,385 equity shares* aggregating to Rs.388.91 Crores* ("fresh issue") and an offer for sale of 9,356,725 equity shares, comprising of an offer for sale of 5,967,097 equity shares aggregating to Rs.510.78 Crores by Kangchenjunga Limited ("corporate promoter selling shareholder"), 1,423,114 equity shares aggregating to Rs.121.82 Crores by Padmaja Gangireddy ("individual promoter selling shareholder"), 796,509 equity shares aggregating to Rs.68.18 crores by Vijaya Siva Rami Reddy Vendidandi ("vsrrv"), 783,747 equity shares aggregating to Rs.67.09 Crores by Valiant Mauritius Partners FDI Limited ("valiant"), 132,831 equity shares aggregating to Rs.11.37 Crores by Helion Venture Partners II, LLC ("helion II"), 129,732 equity shares aggregating to Rs.11.11 Crores by Kedaara Capital Alternative Investment Fund - Kedaara Capital Aif 1 ("kedaara aif 1") and 123,695 equity shares aggregating to Rs.10.59 Crores by Helion Venture Partners, LLC ("helion") (together, "investor selling shareholders" and, together with the corporate promoter selling shareholder, the individual promoter selling shareholder, kedaara aif 1, vsrrv, helion II, helion and valiant, "selling shareholders" and such offered shares, "offered shares") aggregating to Rs.800.94 Crores* ("offer for sale"). The face value of the equity shares is Rs.10 each. The offer price is Rs.85.6 times the face value of the equity shares. Offer Price: Rs.856 per equity share of face value of Rs.10 each. Anchor Investor Offer Price: Rs.856 per equity share. *subject to finalisation of basis of allotment
Issue
Opens On
Closes On
05-Aug-19
07-Aug-19
Money Payable On
Application
Allotment
856.00
0.00
Minimum Application for shares in Nos : 17 Further Multiples of : 17
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
382.42
Axis Capital Ltd
Project Financed through Current Offer (
.Cr)
1189.85
Post Issue Equity Share Capital (
.Cr)
64.18
Issue Price (
)
856.00
Projects
To Augment the Capital base of the Company to Meet future Capital Requirements
Promoted By
Padmaja Gangireddy
Kangchenjunga Ltd
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd