SBI Cards IPO to list on NSE and BSE on 16th March 2020, Monday at 10:00 AM. As the market is volatile we can expect it to list in discount as per the experts and the speculations. Things are not looking good as CoronaVirus is hampered world stock markets in many ways. Dow Jones future up around 1750 points (8%) on Friday and the SGX Nifty is also in green might give few positive points to the Indian stock market and SBI Cards might list in premium.
SBI Cards IPO Subscription Numbers
The current grey market premium of SBI Cards looks like at 60 per share. When we look at the subscription numbers; QIB 57.18x times, HNI 45.23x times and Retail around 2.50 times. Let’s see how SBI Cards will perform with listing gain.
SBI Cards IPO Listing Price: Live Quote
| Details | BSE Listing | NSE Listing |
| Listing Price |
ā¹661.00
|
ā¹661.00
|
| High Price |
ā¹755.00
|
ā¹755.00
|
| Low Price |
ā¹654.00
|
ā¹654.00
|
| Close Price |
ā¹726.00
|
ā¹726.00
|
BSE Notice of Listing: Click Here
| BSE Code | 543066 |
| NSE Code | SBICARD |
| Group | B |
| ISIN No | INE018E01016 |
| Offer Price | ā¹755 |
| Face Value | ā¹10 |
| Listing Date | 16 March 2020, Monday |
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 ā¹10355 Crore (Approx) |
| Face Value: | ā¹10 Per Equity Share |
| Price Band: | ā¹750 – ā¹755 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 13,71,49,315 Shares |
| Discount: | ā¹15 Per Shares for Employees |
SBI Card IPO Market Lot:
| Lot Size: | Minimum 19 Shares & Maximum 247 Shares |
| Minimum Amount: | ā¹14345 |
| Maximum Amount: | ā¹186485 |
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 |
