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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)

CategoryDay 1Day 2Day 3
QIB0.190.863.11
HNI0.000.210.55
RII0.010.030.09
EMP
Total0.060.301.05

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: ₹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: 14,552

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
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