Spandana Sphoorty Financial IPO Subscription Details

Bookbuilding IPO | ₹1,190 Cr | Listed at BSE, NSE | Mon, Aug 5, 2019 - Wed, Aug 7, 2019

Basis of Allotment - Spandana Sphoorty Financial IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)28,05,92442,08,88670,14,81021,04,44449,10,3681,40,29,622
Allotment price (Rs.)856856856856856856
No.of applications3118494919,68519,783
No.of shares applied86,95,39845,80,5481,32,75,94610,39,7374,25,0171,47,40,700
Amount collected (Rs.cr.)744.33 392.09 1,136.42 89.00 36.38 1,261.80
No.of times subscribed3.101.091.890.490.091.05
No.of shares allotted82,26,47042,08,8861,24,35,35610,39,7374,25,0171,39,00,110
Amount (Rs.cr.)704.19 360.28 1,064.47 89.00 36.38 1,189.85
No.of allottees2918474919,68519,781

IPO Shares Offered

Spandana Sphoorty Financial IPO is a public issue of 1.40 Cr equity shares. The issue offers 0.49 Cr shares to retail investors, 0.70 Cr shares to qualified institutional buyers, and 0.21 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 70,14,810600.47 50.00%
    Anchor 42,08,886 360.28 30.00%
    QIB (Ex Anchor) 28,05,924 240.19 20.00%
NII 21,04,444180.14 15.00%
Retail49,10,368420.33 35.00%
Total1,40,29,6221,200.94 100%

Spandana Sphoorty Financial IPO Anchor Investor Allocation

A total of 42,08,886 shares at a price of Rs 856 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 02, 2019
Anchor investor price₹856.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days21,04,443
No. of shares locked-in for 90 days21,04,443
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 WELLS FARGO EMERGING MARKETS EQUITY FUND WELLS FARGO 4,40,254 37.69 10.46 3.17
2 FLORIDA RETIREMENT SYSTEM-WELLS CAPITAL MANAGEMENT INC FLORIDA RETIREMENT SYSTEM 1,06,016 9.07 2.52 0.76
3 MASTER TRUST BANK OF JAPAN LTD.,THE AS TRUSTEE FOR GOVERNMENT PENSION INVESTMENT FUND MTBJ400045836 GOVERNMENT PENSION INVESTMENT FUND 96,262 8.24 2.29 0.69
4 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 4,43,938 38.00 10.55 3.19
5 NUVAMA PRIVATE INVESTMENTS TRUST-NUVAMA CROSSOVER OPPORTUNITIES FUND-SERIES III NUVAMA 1,86,915 16.00 4.44 1.34
6 NUVAMA PRIVATE INVESTMENTS TRUST-NUVAMA CROSSOVER OPPORTUNITIES FUND-SERIES III NUVAMA 2,57,023 22.00 6.11 1.85
7 GOLDMAN SACHS INDIA LTD. GOLDMAN SACHS 4,43,938 38.00 10.55 3.19
8 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 4,43,938 38.00 10.55 3.19
9 WASATCH INTERNATIONAL OPPORTUNITIES FUND WASATCH 1,95,619 16.74 4.65 1.41
10 WASATCH FRONTIER EMERGING SMALL COUNTRIES FUND WASATCH 1,02,680 8.79 2.44 0.74
11 DESTINATIONS INTERNATIONAL EQUITY FUND,A SERIES OF BRINKER CAPITAL DESTINATIONS TRUST DESTINATIONS 1,45,639 12.47 3.46 1.05
12 HSBC GLOBAL INVESTMENT FUNDS-ASIA EX JAPAN EQUITY SMALLER COMPANIES HSBC 2,64,440 22.64 6.28 1.90
13 AVENDUS INDIA ABSOLUTE RETURN FUND AVENDUS 2,64,439 22.64 6.28 1.90
14 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 1,63,557 14.00 3.89 1.18
15 BNP PARIBAS ARBITRAGE BNP PARIBAS 1,63,557 14.00 3.89 1.18
16 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 1,63,557 14.00 3.89 1.18
17 EDELWEISS ALPHA FUND SECHEME I EDELWEISS 1,63,557 14.00 3.89 1.18
18 THELEME MASTER FUND LTD. THELEME 1,63,557 14.00 3.89 1.18
42,08,886360.2810030.28

IPO Subscription FAQs

The Spandana Sphoorty Financial IPO is subscribed 1.0514 times by Aug 07, 2019 18:00.

Spandana Sphoorty Financial IPO Subscription

Investor Category Subscription (times)
Qualified Institutional3.1058
Non Institutional0.5544
Retail Individual0.0946
Total Subscription1.0514

Retail category of Spandana Sphoorty Financial IPO subscribed 0.0946 times as of date Aug 07, 2019 18:00. The public issue closes on Wed, Aug 7, 2019 for bidding.

An investor can apply in Spandana Sphoorty Financial IPO online via bank (using ASBA) or the broker (using UPI). The Spandana Sphoorty Financial IPO shares are offered online only.

The Spandana Sphoorty Financial IPO is subscribed 1.0514 times by Aug 07, 2019 18:00.

The Spandana Sphoorty Financial IPO allotment status is expected on or around Wednesday, August 14, 2019. Visit Spandana Sphoorty Financial IPO allotment status to check.

The Spandana Sphoorty Financial IPO listing date is August 19, 2019. The equity share of Spandana Sphoorty Financial IPO will list on BSE, NSE.

Visit Spandana Sphoorty Financial IPO subscription status page for real-time bidding information about Spandana Sphoorty Financial IPO.

Spandana Sphoorty Financial IPO Timetable

IPO opens OnMonday, August 5, 2019
IPO Closes OnWednesday, August 7, 2019
Finalisation of Basis of AllotmentWednesday, August 14, 2019
Initiation of RefundsWednesday, August 14, 2019
Credit of Shares to Demat AccountFriday, August 16, 2019
IPO Listing DateMonday, August 19, 2019
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