Spandana Sphoorty IPO Subscribed 1.05 times with Retail Support of only 0.09 Times

Spandana-Sphoorty-IPO-Subscription

The performance of Spandana Sphoorty IPO was up to the expectation. The IPO crossed the Fully Subscription milestone by just a few percentages. The Spandana Sphoorty IPO subscription data is shown below with diversification of Day wise.

Spandana Sphoorty Subscription Numbers (Overall Fully Subscribed)

CategoryDay 1Day 2Day 3
QIB0.190.863.11
HNI0.000.210.55
RII0.000.030.09
Total0.060.301.05

Spandana Sphoorty IPO Dates & Price Band:

 IPO Open:05th August 2019
 IPO Close:07th August 2019
 IPO Size:Approx ₹1200 Crore
 Face Value: ₹10 Per Equity Share
 Price Band: ₹853 – 856 Per Share
 Listing on:BSE & NSE
 Retail Portion:35%
 Equity:13,146,595 Shares

Spandana Sphoorty IPO Market Lot:

  • Shares: Apply for 17 Shares (Minimum Lot Size)
  • Amount: ₹14552

Offer Size Allocated

QIB Portion: 50% of the offer;
Retail Portion: 35% of the offer
NII Portion: 15% of the offer

Spandana Sphoorty IPO Allotment & Listing:

  • Basis of Allotment: 14th August 2019
  • Refunds: 14th August 2019
  • Credit to Demat accounts: 16th August 2019
  • Listing: 19th August 2019