Spandana Sphoorty IPO Allotment Status Online

The Spandana Sphoorty IPO allotment status will be available on August 14, 2019, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Spandana Sphoorty IPO allotment status online:

• Visit the Spandana Sphoorty IPO allotment status page.
• Click on the green Spandana Sphoorty IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Spandana Sphoorty IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Spandana Sphoorty IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Spandana Sphoorty IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Spandana Sphoorty IPO allotment status is expected on August 14, 2019. Click the green button Spandana Sphoorty IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Spandana Sphoorty IPO oversubscribed in the retail category, the Spandana Sphoorty IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Spandana Sphoorty IPO shares will get listed on Monday, August 19, 2019. The equity share of Spandana Sphoorty Financial Ltd will list on BSE, NSE.

The reason you didn't get the Spandana Sphoorty IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).