SBI Cards and Payment Services Ltd IPO

SBI Cards and Payment Services Ltd IPO Details, Financials, Subscription Status, GMP & More.

SBI Cards and Payment Services Ltd Logo
SBI Cards and Payment Services Ltd IPO Details & Company Portfolio / Business Model: Incorporated in 1998, SBI Cards and Payment Services Limited is a subsidiary of SBI, India’s largest commercial bank in terms of deposits, and advances, and the number of branches. SBI currently holds (along with its nominees) 689,927,363 Equity Shares, constituting 74.00 % of the pre-Offer issued, subscribed, and paid-up Equity Share capital of the Company.
You can also check more SBI Cards and Payment Services Ltd IPO’s latest news from this portal. Our aim is to keep you up to date on Upcoming IPO information.

SBI Cards IPO Details

IPO Opening Date Mar 2, 2020
IPO Closing Date Mar 5, 2020
Type Of Issue Book Built Issue IPO
Current Face Value ₹10 per equity share
IPO Price ₹750 to ₹755 per equity share
Market Lot Size 19 Shares
Minimum Order Quantity 19 Shares
Will Be Listed At BSE, NSE
Issue Size 137,193,464 Eq Shares of ₹10
(aggregating up to ₹10,354.77 Cr)
Fresh Issue 6,622,517 Eq Shares of ₹10
(aggregating up to ₹500.00 Cr)
Offer for Sale 130,526,798 Eq Shares of ₹10
(aggregating up to ₹9,854.77 Cr)
Employee Discount ?75
P/E (x) 45.8
Market Cap (₹ Cr.) 70890

SBI Cards and Payment Services Ltd IPO Prospectus

This post shows all information about SBI Cards and Payment Services Ltd IPO. You can check more detailed information like financial reports of this IPO and more information about the company address from this page itself.

Company Financial Reports

Summary of financial Information (Restated)

Year/Period (Rs in Million)
31-Dec-19 31-March-19 31-Mar-18 31-Mar-17
Total Assets 259,934.65 202,396.36 156,860.07 107,649.82
Total Revenue 72,401.56 72,868.35 53,701.92 34,710.38
Profit After Tax 11,612.07 8,627.22 6,011.42 3,728.61

With the help of the above table, you can figure out company performance over the last few years. You can identify if the company is making profits or losses.

SBI Cards IPO Timetable

The SBI Cards IPO open date is Mar 2, 2020, and the close date is Mar 5, 2020. The issue may list on Mar 16, 2020.

IPO Open Date Mar 2, 2020
IPO Close Date Mar 5, 2020
Basis of Allotment Date Mar 11, 2020
Initiation of Refunds Mar 12, 2020
The credit of Shares to Demat Account Mar 13, 2020
IPO Listing Date Mar 16, 2020

This table is essential as it provides you the complete information about the upcoming IPO’s lot size, several shares, and the minimum amount required to apply for this IPO.

SBI Cards IPO Lot Size

The SBI Cards IPO market lot size is 19 shares. A retail-individual investor can apply for up to 13 lots (247 shares or ₹186,485).

Application Lots Shares Amount (Cut-off)
Minimum 1 19 ₹14,345
Maximum 13 247 ₹186,485

Company Promoters & Holding

The promoter of the Company is SBI.

Company Promoters play a vital role in any company’s success. That’s you need a clear idea about who are the promoters behind this company. You can even check the names given below for a better idea.

Company Registrar & Address

SBI Cards IPO Registrar:

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

You can also check the company contact information given below, with the help of this information you can communicate with the company easily.

Company Contact Information:

SBI Cards and Payment Services Ltd
Unit 401 & 402, 4th Floor,
Aggarwal Millennium Tower E-1,2,3,
Netaji Subhash Place, Wazirpur, New Delhi
Phone: +91 (11) 6126 8100
Email: [email protected]
Website: http://www.sbicard.com/

This is the complete information about the SBI Cards and Payment Services Ltd IPO. If you have any queries/questions regarding any information provided above then feel free to contact us anytime or leave a comment below.

SBI Cards and Payment Services Ltd IPO Subscription Status (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 Cards and Payment Services Ltd IPO Subscription Status will be updated in the table regularly. Keep visiting this page to get daily latest IPO subscription updates. If this table is not updated then you can request the updates by commenting below. (Updated Frequently)

GMP (Grey Market Premium)

We are here to provide you with detailed information about the current GMP OF IPO from this page itself. Just be with us and request updates about the IPO Grey Market Premium.

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