SBI Cards IPO Subscribed 26.54x Times; QIB 57.18x, HNI 45.23x & RII 2.50x

IPO Watch
SBI Cards IPO to hit the market on 02 March 2020 and closes on 05 March 2020. SBI Cards and Payment Services Pvt Ltd (SBICPS) is the credit card unit of the State Bank of India. The SBI Cards IPO size is around 10355 crore rupees with a market lot of 19 shares and a price band of 750-755. Check SBI Cards IPO GMP by day to day.

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:  â‚ą10 Per Equity Share
 Price Band:  â‚ą750 – â‚ą755 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  13,71,49,315 Shares
 Discount:  â‚ą15 Per Shares for Employees

SBI Card IPO Market Lot:

 Lot Size:  Minimum 19 Shares & Maximum 247 Shares
 Minimum Amount:  â‚ą14345
 Maximum Amount:  â‚ą186485

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

Table of Contents

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.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.