IPO Trending
SPANDANAEQ / NSE, BSEListed
Spandana Sphoorty Financial

Spandana Sphoorty Financial Ltd, incorporated in 2003, is a microfinance institution focused on rural areas and operates as a Non-Banking Financial Company (NBFC). Founded by Mrs. Reddy, who also serves as the Managing Director and promoter, the company primarily offers small unsecured loans aimed at supporting women from low-income households in both rural and urban areas. These loans include income generation loans, business loans, and loans secured against gold jewellery. Spandana has built a strong presence across 15 states in India, with a network of 694 branches and a workforce of 4,045 employees. Through its financial products, the company aims to improve the socio-economic conditions of its customers and support their livelihoods. In 2010, Spandana came under the Corporate Debt Restructuring (CDR) mechanism of the Reserve Bank of India due to financial difficulties, but with the backing of Kangchenjunga Ltd and Kedaara AIF-1, it successfully exited the CDR in March 2017. Prior to the crisis, the company had a loan portfolio of ₹4,500 crore. It began its recovery and returned to profitability in the financial year 2013-14. By September 2018, Spandana had rebuilt a loan portfolio worth ₹2,244 crore.

₹856 - ₹856Open
Listed Price₹825.00
Listing Gain-3.62%

Subscription Status

0Updated 20 Oct 2026, 01:30 AM
Subscription PendingExchange subscription breakup is not available yet.

Category-wise demand has not been published yet. Check back after the exchange updates the live subscription feed.

Open Date05 Aug 2019
Close Date07 Aug 2019
Listing Date19 Aug 2019
Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

About Spandana Sphoorty Financial IPO Subscription Demand

Live subscription status and bidding analysis for Spandana Sphoorty Financial (SPANDANA) IPO. The issue is subscribed Tracking Live overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

Frequently Asked Questions