IPO

SSPN Finance Ltd IPO

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Public issue of 7,50,000 equity shares of face value of Rs. 10 each (equity shares) of SSPN Finance Limited (the company or the issuer) for cash at a price of Rs. 20 per equity share, including a share premium of Rs. 10 per equity share (the issue price), aggregating Rs. 1.50 crores (the issue), of which 42,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 0.08 crores will be reserved for subscription by the market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 7,08,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 1.42 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 39.62% and 37.40% respectively of the fully diluted post issue paid up equity share capital of the company.

SSPN Finance Ltd IPO Subscription Details

Company

SSPN Finance Ltd

Issue Type

Fixed Price - SME

Open Date

10 Mar

Close Date

12 Mar

Offer Price

20.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of SSPN Finance Ltd IPO

Company Contact Information

SSPN Finance Ltd IPO
Office No 2 plot No 192,
Vaintheya CHS Ltd SV Road Vile,
Mumbai, Maharashtra 400056.

Phone: 91-22-61275138
Email: sspnfinance@gmail.com

SSPN Finance Ltd IPO Register

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SSPN Finance Ltd IPO Lead Manager(s)

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