• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Spandana Sphoorty Financial Ltd
Registered Office:
PNo 31&32 Ramky SeleniumTowers,Tower A Gr Fl Nanakramguda,
Hyderabad - 500032,
Telangana, India.
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
Money Payable On
Opens On
Closes On
Application
Allotment
05-Aug-19
07-Aug-19
856.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 17     Further Multiples of : 17
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
382.42
Axis Capital Ltd
Project Financed
1189.85
 
Post Issue
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
Karvy Fintech Pvt Ltd
DB (International) Stock Brokers Limited: SEBI Reg. No.-INZ000179035 / CDSL : IN-DP-CDSL-266-2004 MCX-SX:INE 260643233/21500(CD)
Daga Commodities Private Limited: SEBI Reg. No. INZ000028833
Investor Grievances Email ID: compliance@dbonline.in & investors@dbonline.in
Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries