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Spandana Sphoorty Financial Ltd
Registered Office: PNo 31&32 Ramky SeleniumTowers,Tower A Gr Fl Nanakramguda, Hyderabad - 500032, Telangana, India.
Phone : 91-40-48126666   Fax:91-40-44386640
Email :  contact@spandanasphoorty.com; secretarial@spandana  
Website :  www.spandanasphoorty.com
Initial Public Offer of 13,900,110 equity shares* of face value of (Rs)10 each ("equity shares") of the company for cash at a price of (Rs)856 per equity share (including a share premium of (Rs)846 per equity share) aggregating to (Rs)1189.85 Crores* ("offer"), comprising a fresh issue of 4,543,385 equity shares* aggregating to (Rs)388.91 Crores* ("fresh issue") and an offer for sale of 9,356,725 equity shares, comprising of an offer for sale of 5,967,097 equity shares aggregating to (Rs)510.78 Crores by Kangchenjunga Limited ("corporate promoter selling shareholder"), 1,423,114 equity shares aggregating to (Rs)121.82 Crores by Padmaja Gangireddy ("individual promoter selling shareholder"), 796,509 equity shares aggregating to (Rs)68.18 crores by Vijaya Siva Rami Reddy Vendidandi ("vsrrv"), 783,747 equity shares aggregating to (Rs)67.09 Crores by Valiant Mauritius Partners FDI Limited ("valiant"), 132,831 equity shares aggregating to (Rs)11.37 Crores by Helion Venture Partners II, LLC ("helion II"), 129,732 equity shares aggregating to (Rs)11.11 Crores by Kedaara Capital Alternative Investment Fund - Kedaara Capital Aif 1 ("kedaara aif 1") and 123,695 equity shares aggregating to (Rs)10.59 Crores by Helion Venture Partners, LLC ("helion") (together, "investor selling shareholders" and, together with the corporate promoter selling shareholder, the individual promoter selling shareholder, kedaara aif 1, vsrrv, helion II, helion and valiant, "selling shareholders" and such offered shares, "offered shares") aggregating to (Rs)800.94 Crores* ("offer for sale"). The face value of the equity shares is (Rs)10 each. The offer price is (Rs)85.6 times the face value of the equity shares. Offer Price: (Rs)856 per equity share of face value of (Rs)10 each. Anchor Investor Offer Price: (Rs)856 per equity share. *subject to finalisation of basis of allotment
Issue Money Payable On
Opens On Closes On Application Allotment
05-Aug-19 07-Aug-19 856.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 17   Further Multiples of : 17
  (Rs.Cr) Lead Managers to the Issue
Project Cost 382.42 Axis Capital Ltd
Project Financed through Current Offer 1189.85  
Post Issue Equity Share Capital 64.18  
Issue Price 856.00  
Projects
To Augment the Capital base of the Company to Meet future Capital Requirements
Promoted By
Padmaja Gangireddy
Kangchenjunga Ltd
Listing At
BSE
NSE
Registrar to the Issue
No Data Available
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SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
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