SBI Cards IPO Allotment Status, Date & Basis of Allotment Details

By Jagat Joshi
March 2, 2020

SBI Cards IPO subscription to start on 2nd March 2020. As per the grey market rates, it looks good and we can expect a good number of the subscription. As the market condition is volatile we can expect a drop but let’s see how investors will react on it. Check out SBI Cards IPO allotment status online. You can check SBI Cards IPO allotment via application number or pan card.

As the market conditions are not good we can expect a listing will be around the IPO price. The SBI Cards IPO subscription got a good response even though the market is not looking good.

SBI Cards IPO Allotment & Listing Details:

SBI Cards IPO allotment date is 11 March 2020 but the allotment might come on 12 March 2020. As per the subscription numbers, the basis of allotment SBI Cards is around 5:3.

SBI Cards IPO Allotment Date	11-Mar-20
SBI Cards Listing Date	16-Mar-20
SBI Cards IPO Basis of Allotment	5:3

Check SBI Cards IPO Allotment Here:

OR
Log on to https://linkintime.co.in/MIPO/IPO.aspx

Note: SBI Cards IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.

SBI Cards IPO Subscription Numbers
(Fully Subscribed)

Category	Day 1	Day 2	Day 3	Day 4
QIB	0.00x	0.21x	57.18x	57.18x
HNI	0.12x	0.47x	2.19x	45.23x
RII	0.62x	1.21x	1.77x	2.50x
EMP	0.80x	1.84x	3.29x	4.74x
Others	0.69x	1.41x	3.54x	25.36x
Total	0.39x	0.87x	15.49x	26.54x

SBI Card IPO Dates & Price Band:

IPO Open:	02 March 2020
IPO Close:	05 March 2020
IPO Size:	Approx ₹10355 Crore (Approx)
Face Value:	₹10 Per Equity Share
Price Band:	₹750 – ₹755 Per Share
Listing on:	BSE & NSE
Retail Portion:	35%
Equity:	13,71,49,315 Shares
Discount:	₹15 Per Shares for Employees

SBI Card IPO Market Lot:

Lot Size:	Minimum 19 Shares & Maximum 247 Shares
Minimum Amount:	₹14345
Maximum Amount:	₹186485

SBI Card IPO Allotment & Listing:

Basis of Allotment:	11 March 2020
Refunds:	12 March 2020
Credit to Demat Account:	13 March 2020
Listing Date:	16 March 2020

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.