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