SBI CARD IPO

SBI CARDS & PAYMENT SERVICES
Rs 750 to Rs 755
From to

About Company SBI CARDS & PAYMENT SERVICES permalink

SBI CARDS & PAYMENT SERVICES was established in 1998 . Currently, it is having head office in Haryana. SBI CARD works in the sector of This company is a Public Sector Company. . SBI CARD has experience of 22 .

"SBI Cards & Payment Services Ltd is coming up with an initial public offer of around ₹10,000 Cr to offer an exit to the existing shareholders, expand the capital base and get listed at BSE and NSE stock exchanges." It has large experience and It is dividend paying company.

This company makes ₹ 72,868.35 million as a revenue. This company makes ₹1244.82 Cr.profit as a profit. Carlyle Group and State Bank of India

  • Email : sbicard.ipo@linkintime.co.in.
  • Website : www.linkintime.co.in
  • Phone : 1800 180 1290

SBI CARD IPO Details permalink

SBI CARD IPO issue open date is 2nd March 2020 and close date is 5th March 2020 . The face value for SBI CARDS & PAYMENT SERVICES IPO is Rs 10 per equity share. The total IPO size is approx Rs 500 crore.

The price band for SBI CARD is Rs 750 to Rs 755. The lot size for SBI CARD IPO is a minimum of 19 shares to maximum 266 shares. This IPO will be listed on BSE and NSE. SBI CARD IPO total equity is 137193464 shares.

SBI CARD IPO Date and Price Band permalink

SBI CARD IPO Date and Price Band
IPO Open:2nd March 2020
IPO Close:5th March 2020
Price Band:Rs 750 to Rs 755
Face Value:Rs 10 per equity share
IPO Size:Rs 500 crore
Listing on:BSE and NSE
Retail Portion:42.68%
Equity (Issue Size):137193464 Shares

SBI CARD IPO Market Lot and Investment Amount permalink

To invest in SBI CARDS & PAYMENT SERVICES's initial public offering starting from 2nd March 2020 you need to invest minimum Rs 14250, however you can also invest up to Rs 200830, considering the upper price of IPO Rs 755 and maximum allottable shares (266 shares). To apply for the maximum number of share you need to bid for 14 lots, one lot is having 19 shares.

SBI CARD IPO Market Lot and Investment Amount
Minimum Lot Size:19 shares (1 Lot)
Maximum Lot Size:266 shares (14 lots)
Minimum Investment:Rs 14250
Maximum Investment:Rs 199500

SBI CARD IPO Subscription Status permalink

SBI CARD IPO was oversubscribed 26.54 times. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 24224002 shares and received bids for 1385243431 shares which is 57.1847 times of total meant for QIB category.

SBI CARDS & PAYMENT SERVICES's IPO was subscribed 39% on the first day. Mutual funds bid for 94407086 shares in SBI CARDS & PAYMENT SERVICES's initial public offering.

Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 18341418 and bid for 829526396 shares received . Bid from NII for SBI CARDS & PAYMENT SERVICES's IPO is 45.227 times of total meant for NII category.

Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 42796641 and bid for 107033346 shares received . Bid from RII for SBI CARD's IPO is 2.501 times of total meant for RII category.

The total number of shares offered were 100279411 and bid for 2661628300 shares received .

SBI CARD IPO Subscription Status
Qualified Institutional Buyers (QIBs)
Shares Allotted:24224002 shares
Shares Bid Received:1385243431 shares
Over Subscription in QIB:57.18 times
Non Institutional Investors (NIIs)
Shares Allotted:18341418 shares
Shares Bid Received:829526396 shares
Over Subscription in NII:45.23 times
Retail Individual Investors (RIIs)
Shares Allotted:42796641 shares
Shares Bid Received:107033346 shares
Over Subscription in RII:2.5 times
Total
Total Shares Allotted:100279411 shares
Total Shares Bid Received:2661628300 shares
Over Subscription Total:26.54 times

SBI CARD IPO Allotment and Listing permalink

SBI CARD IPO got listed on . SBI CARD IPO listed with -12.27% Loss on NSE (SBICARD ) at Rs 658 and BSE (543066) at Rs 658.

SBI CARD IPO Allotment and Listing
Listing Date:
Issue Price:Rs 750
BSE Listing Price:Rs 658
NSE Listing Price:Rs 658
Return (In Rupees):Rs -92
Return (In Percentage):-12.27%
Sector :FINANCE TERM LENDING
BSE Group :B
BSE Code:543066
NSE Code:SBICARD
ISIN :INE018E01016

SBI CARD IPO FAQ permalink

Frequently Asked Questions related to the SBI CARD IPO

What is SBI CARD IPO? permalink

SBI CARD initial public offering of 137193464 equity shares of the face value of Rs 10 aggregating up to ₹ 500 Crores. SBI CARD IPO issue open date is 2nd March 2020 and close date is 5th March 2020 .

When SBI CARD IPO will open and close? permalink

SBI CARD IPO issue open date is 2nd March 2020 and close date is 5th March 2020 .

What is the lot size of SBI CARD IPO? permalink

The lot size for SBI CARD IPO is 19 shares.

What is the price band of SBI CARD IPO? permalink

The price band for SBI CARD is Rs 750 to Rs 755.

What is the minimum investment amount for SBI CARD IPO? permalink

The minimum investment amount for SBI CARD IPO is Rs 14250.

What is the SBI CARD IPO investors portion? permalink

For retail investors (RII) 42.68% is allotted for investment. For NII 18.29% and QIB 24.16% is allotted.

What is the SBI CARD IPO listing date? permalink

SBI CARD IPO listing date is 16th March 2020.

How many share bid for SBI CARD IPO by mutual funds? permalink

Mutual funds bid for 94407086 shares in SBI CARDS & PAYMENT SERVICES's IPO.

What is SBI CARD IPO subscription on the first day? permalink

SBI CARD IPO subscribed 39 % on the first day.

What is SBI CARD IPO subscription? permalink

SBI CARD IPO was oversubscribed 26.54 times.

What is SBI CARD IPO listing date? permalink

SBI CARD IPO listing date is 16th March 2020.

What is SBI CARD IPO listing price? permalink

SBI CARD IPO listing price is 658.

What is SBI CARD IPO return? permalink

SBI CARD IPO listing price is 658 and issue price was Rs 750. Return from SBI CARD IPO is Rs -92 per equity share which is -12.27% .

What is BSE code for SBI CARD? permalink

SBI CARD BSE code is 543066.