Monday, March 02, 2020

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


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.


Read Also:
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

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