Spandana Sphoorty IPO Subscribed 1.05 times; QIB 3.11; HNI 0.55; Retail 0.09 times

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Spandana Sphoorty IPO to hit the market on 05 August 2019 and closes on 07 August 2019. As the market situation is not good even the gmp is not that up to the mark we can expect mix subscription in the same. As the company perspective we can expect a good growth in long term but we can not expect much on listing gain still lets see how it perform.. Check Spandana Sphoorty ipo gmp by day to day.

Spandana Sphoorty IPO Subscription Numbers (Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.19 0.86 3.11
HNI 0.00 0.21 0.55
RII 0.01 0.03 0.09
EMP
Total 0.06 0.30 1.05

Spandana Sphoorty IPO Dates & Price Band: (Tentative)

 IPO Open:  05-Aug-2019
 IPO Close:  07-Aug-2019
 IPO Size:  Approx ₹1200 Crore (Approx)
 Face Value:  ā‚¹10 Per Equity Share
 Price Band:  ā‚¹853-856 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: ā‚¹14,552

Spandana Sphoorty IPO Allotment & Listing:

  • Basis of Allotment: 14-August-2019
  • Refunds: 14-August-2019
  • Credit to demat accounts: 16-August-2019
  • Listing: 19-August-2019
    Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

    Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.