Monday, December 02, 2019

SBI Cards IPO GMP Today, SBI Cards IPO Grey Market Premium Updates

SBI Cards IPO is going to hit the market soon. SBI Cards IPO will be one of the biggest IPO which will raise around ₹9500 crores via IPO. SBI Cards GMP is coming up as the date will be in the near term. SBI Cards (SBICPS) has a valuation of around ₹60000 crores. As the primary market is doing well we can expect a good subscription number in this IPO. Check out SBI Cards IPO grey market premium, Kostak rates and subject to sauda rates as on today.


SBI Cards IPO GMP Rates day by day with Kotak rates.

  • Grey market premium as on today is 250-270, Kostak ₹500 & Subject to Sauda is ₹3000
  • Grey market premium as on 05-12-2019 is ₹250-270, Kostak ₹500 & Subject to Sauda is ₹3000
  • Grey market premium as on 04-12-2019 is ₹190-200, Kostak ₹600 & Subject to Sauda is ₹2500
  • Grey market premium as on 03-12-2019 is ₹150-170, Kostak ₹700 & Subject to Sauda is ₹2500
  • Grey market premium as on 02-12-2019 is ₹120-140, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 01-12-2019 is ₹120-140, Kostak ₹N/A & Subject to Sauda is ₹N/A

SBI Cards IPO Dates & Price Band: (Tentative)

 IPO Open:  20-January-2020
 IPO Close:  22-January-2020
 IPO Size:  Approx ₹9500 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹615 - ₹618 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  130,526,798 Shares
 Discount:  ₹18 Per Shares

SBI Cards IPO Market Lot:

 Lot Size:  Minimum 24 Shares & Maximum 312 Shares
 Minimum Amount:  ₹14832
 Maximum Amount:  ₹192816

SBI Cards IPO Allotment & Listing:

 Basis of Allotment:  27-January-2020
 Refunds:  28-January-2020
 Credit to Demat Account:  29-January-2020
 Listing Date:  30-January-2020
Disclaimer:

- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies