Wednesday, February 26, 2020

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

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:  ₹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