Padmaja Gangireddy of Spandana Sphoorty on IPO proceeds
- 5 years ago
Microfinance lender Spandana Sphoorty Financial started off trade at a 3.6 percent discount to its issue price on the first day of trade on exchanges. Yash Jain spoke to Padmaja Gangireddy, MD of the company to understand how they expect to use the initial public offering (IPO) proceeds and a little more about the financial of the company.