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

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Copy of Harsha Engineers IPO GREY MARKET PREMIUM 2022 09 20T131021.747

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

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

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