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    SPANDANA SPHOORTY FINANCIAL LTD.

    17 April 2026 | 12:00

    Industry >> Micro Finance Institutions

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    ISIN No INE572J01011 BSE Code / NSE Code 542759 / SPANDANA Book Value (Rs.) 266.59 Face Value 10.00
    Bookclosure 24/07/2025 52Week High 325 EPS 0.00 P/E 0.00
    Market Cap. 1809.21 Cr. 52Week Low 181 P/BV / Div Yield (%) 0.85 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was incorporated as Spandana Sphoorty Innovative Financial Services Limited ("SSIFSL") on March 10, 2003 at Hyderabad, Andhra Pradesh, India as a public limited company under the Companies Act, 1956. A certificate of commencement of business was issued to SSIFSL on November 11, 2003 by the Registrar of Companies, Andhra Pradesh and Telangana at Hyderabad ("RoC"). On October 16, 2004, the Reserve Bank of India ("RBI") granted a certificate of registration bearing registration no. N-09.00414 to the Company, for the registration of the Company as a non-deposit accepting nonbanking financial company ("NBFC") under Section 45IA of the Reserve Bank of India Act, 1934. Subsequently, pursuant to a special resolution dated November 26, 2007 passed by the Shareholders, the name of the Company was changed to Spandana Sphoorty Financial Limited. Pursuant to a letter dated December 26, 2007, the RBI granted its no objection to the change of name of the Company to Spandana Sphoorty Financial Limited and a fresh certificate of incorporation consequent to change of name was issued by the RoC to the Company on January 3, 2008. Further, a fresh certificate of registration bearing registration no. N-09.00414 pursuant to the change of name was issued by the RBI on January 11, 2008. the Company was granted NBFC - Microfinance Institution ("NBFC-MFI") status by the RBI with effect from April 13, 2015 and a modified certificate of registration bearing registration no. N-09.00414 was issued by the RBI to this effect.

    Major events and milestones of the Company :

    2003
    - The Company was incorporated as Spandana Sphoorty Innovative Financial Services Limited

    2004
    - The Company obtained NBFC registration

    2007
    - The Company received funding from JM Financial and Lok Capital

    2008
    - The Company changed its name to Spandana Sphoorty Financial Limited
    - The Company received funding from Valiant Capital

    2010
    - The Company opted for corporate debt restructuring under the CDR mechanism

    2015
    - The Company obtained NBFC - MFI license with effect from April 13, 2015

    2017
    - The Company exited from the CDR
    - The Company received funding from Kangchenjunga and Kedaara AIF 1

    2018
    - The Company received further funding from certain existing shareholders
    - The Company acquired Criss Financial as its subsidiary

    2025
    -The company issued rights shares of Rs. 10 in the ratio of 10:41 at a premium of Rs. 220 per share.


    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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