SBI Cards and Payment Services Limited IPO
MainboardRs 14,345/- ) / 19 Shares
SBI Cards and Payment Services Limited IPO Details
The SBI Cards and Payment Services Limited IPO price band is set between Rs 750 to Rs 755 Rs per Equity Share ( Rs 75/- discount for Employees ), with a face value of Rs 10 per share. The issue is managed by Link Intime India Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 2 Mar, 2020 and closes on 5 Mar, 2020. Investors can check the allotment status on 12 Mar, 2020, while the listing date is tentatively scheduled for 16 Mar, 2020.
The total issue size is Total Equity Shares 13,71,49,314 of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 10,354.77/- Cr# Fresh Issue of 66,22,516 Equity Shares of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 500/- Cr# Offer for Sale of, aggregating up to . Stay tuned for the latest SBI Cards and Payment Services Limited IPO review and GMP updates.
SBI Cards and Payment Services Limited IPO Review, Rating & Analysis
SBI Cards and Payment Services Limited IPO Review
NO REVIEWSBI Cards and Payment Services Limited IPO Rating
SBI Cards and Payment Services Limited IPO Highlights
IPO Date
Mar 2, 2020 - Mar 5, 2020
Listing Date
16 Mar, 2020
Face Value
Rs 10 Per Equity Share
Price Band
Rs 750 to Rs 755 Rs per Equity Share ( Rs 75/- discount for Employees )
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE
SBI Cards and Payment Services Limited IPO Lot Size
The minimum market lot for SBI Cards and Payment Services Limited IPO is 19 shares with an application amount of ₹1,425. Retail investors can apply for up to 140 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 19 | ₹1,425 |
| Retail (Max) | 140 | 2660 | ₹1,99,500 |
| S-HNI (Min) | 141 | 2679 | ₹2,00,925 |
| S-HNI (Max) | 701 | 13319 | ₹9,98,925 |
| B-HNI (Min) | 702 | 13338 | ₹10,00,350 |
SBI Cards and Payment Services Limited IPO Timeline
Issue Price
Rs 750 to Rs 755 Rs per Equity Share ( Rs 75/- discount for Employees )Face Value
Rs 10 Per Equity ShareListing at Group
NSE, BSERegistrar
Link Intime India Private LimitedLead Manager
Axis Capital Limited, DSP Merrill Lynch Limited, Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited, Nomura Financial Advisory and Securities (India) Private Limited and SBI Capital Markets LimitedIssue Size
Total Equity Shares 13,71,49,314 of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 10,354.77/- Cr# Fresh Issue of 66,22,516 Equity Shares of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 500/- Cr# Offer for Sale ofPromoters & Share Holding
Promoter(s) Name
- State Bank of India Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Frequently Asked Questions about SBI Cards and Payment Services Limited IPO IPO
When will SBI Cards and Payment Services Limited IPO open for subscription?
The SBI Cards and Payment Services Limited IPO opens on 2 Mar, 2020 and closes on 5 Mar, 2020.
What is the investors portion for SBI Cards and Payment Services Limited IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for SBI Cards and Payment Services Limited IPO?
You can apply for SBI Cards and Payment Services Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of SBI Cards and Payment Services Limited IPO?
The issue size of SBI Cards and Payment Services Limited IPO is approx ₹Total Equity Shares 13,71,49,314 of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 10,354.77/- Cr# Fresh Issue of 66,22,516 Equity Shares of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 500/- Cr# Offer for Sale of crores.
What is the price band of SBI Cards and Payment Services Limited IPO?
The price band for SBI Cards and Payment Services Limited IPO is Rs 750 to Rs 755 Rs per Equity Share ( Rs 75/ to ₹ discount for Employees ).
What is the lot size of SBI Cards and Payment Services Limited IPO?
The minimum bid (lot size) for SBI Cards and Payment Services Limited IPO is N/A shares with an investment of approx Rs 14,345/- ) .
What is the allotment date of SBI Cards and Payment Services Limited IPO?
The allotment date for SBI Cards and Payment Services Limited IPO is 12 Mar, 2020.
What is the listing date of SBI Cards and Payment Services Limited IPO?
The listing date for SBI Cards and Payment Services Limited IPO is expected to be 16 Mar, 2020.
What is the GMP of SBI Cards and Payment Services Limited IPO?
The latest Grey Market Premium (GMP) for SBI Cards and Payment Services Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.