247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Spandana Sphoorty Financial Limited IPO (Spandana Sphoorty Financial IPO) Details

Spandana Sphoorty Financial Limited is an Banking And Finance based company, located in Hyderabad, Spandana Sphoorty Financial Limited IPO size was 1202.34 Cr. and was issued at 856.00 per share. The share of Spandana Sphoorty Financial Limited were listed at 848.40 per share and are currently trading at 356.40 per share.

Type :
Sub Sector : NBFC
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1036.28 Cr.

PAT :
308.75 Cr.

Pricing Report

Issue Price :
856.00

Listing Price :
848.40

Current Market Price :
356.40

Issue Price vs CMP :
499.6 (58.36%)

listing Price vs CMP :
492 (57.99%)

Performance Report (CAGR* wise)

CAGR : -14.91
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Spandana Sphoorty Financial

Company Information
Spandana Sphoorty Financial Limited is a leading, rural-focused Non-Banking Financial Company-Microfinance Institution (NBFC-MFI) with a geographically diversified presence across India. It provides income generation loans under the joint liability group model, predominantly targeting women from low-income households in rural areas. As of March 31, 2018, the company was the fourth-largest NBFC-MFI and the sixth-largest among NBFC-MFIs and Small Finance Banks (SFBs) in India, in terms of Assets Under Management (AUM) according to ICRA Research. Additionally, the company
Object of Issue
  • Augmenting the capital base and
  • General Corporate Purposes

Spandana Sphoorty Financial MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2019
IPO Size :
1202.34 Cr.
IPO Subscription :
1.05 X     
PE Multiple :
17.60
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Spandana Sphoorty Financial operates in Banking And Finance and NBFC. The Issue is listed on MainBoard in Aug, 2019. Spandana Sphoorty Financial IPO size was 1202.34 Cr. with Issue price of 856.00 .

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 356.40.

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