SBI CARDS IPO ( MARCH 2nd to MARCH 5th )
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SBI Cards — India’s second-largest credit card firm with nearly 18 per cent market share. — will offer up to 13.71 crore equity shares with a face value of Rs 10 via offer for sale route, according to the draft red herring prospectors (DRHP). This will include up to 3.73 crore share sale by SBI and up to 9.32 crore shares by Carlyle group. (CA Rover). In addition, the company will also issue fresh equity shares of Rs 500 crore. SBI holds 76 per cent in SBI Cards and the rest is held by the Carlyle group.
When will SBI Cards IPO open?
The IPO will open for subscription from March 2-5. The shares will be credited to investors’ demat account on or around March 13.
What is SBI Cards shares listing date?
Shares of the company will be listed on BSE and NSE both on or around March 16, according to the red herring prospectus.
Who are book running lead managers of SBI Cards IPO?
Kotak Mahindra Capital, Axis Capital, BofA Securities, HSBC, Nomura, SBI Capital Markets are the book running lead managers to the issue.
What is the issue size of SBI Cards IPO?
The company plans to issue new shares worth Rs 500 crore and will offer up to 13.05 crore shares as offer for sale, according to the prospectus.
What are SBI Cards strengths?
Second largest credit card issuer in India with deep industry expertise and a demonstrated track record of growth and profitability
Diversified customer acquisition capabilities
Support of a strong brand and pre-eminent promoter
Diversified portfolio of credit card offerings
Advanced risk management and data analytics capabilities
Modern and scalable technology infrastructure
Overview of credit card industry
Credit card industry intends to grow 2.5 times in the next five years. Credit card spends have registered a robust growth, growing at a CAGR of 32 per cent from fiscal 2015 to fiscal 2019 to reach Rs 6 lakh crore as of fiscal 2019, and is expected to grow at a healthy rate to reach Rs 15 lakh crore as of fiscal 2024, which is 2.5 times over fiscal 2019, according to CRISIL
Price band between : 750 to 755
Expected listing gains : 40%
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If you are looking to open Demat Account, You can use Upstox:
One must practice what one preaches. 🙂
I applied via phone pay with sbi and got mail from nse have they accepted my application or not?
Site still not opening !
Site opened but not able to see SBI card IPO
yup…sbi card ipo option removed 
What is application number?
Unfortunately still I’m unable to check application status
BSE website says UPI pending I never used UPI only
bse application status check karne waaste hai re baba. udhar allotment kitna hua 3-4 din baad dikhega list hone ke.
allotment tomoro
Dimers who will be alloted with sbi card ipo successfully on listing days be like 
19 shares and that too lottery without clarity on a positive listing 
kuchh mila kisiko ?
kal check kar lena
This is what I was referring to whenever I said I’m not feeling comfortable. People are used to apply multiple apps in ipo. Many don’t understand the risk one is carrying, just coz of the frenzy (illusion) created by irctc and Ujjivan sfb kind of IPOs. 
@rsai01
@Awake
@marketdimer
@bikidas2060
@Shahskm
I got allotment of 19 shares…Maybe a loss making deal 
Same here
0/2 main roun ya hasun karun mein kya karun? 
Same. My application also got rejected. Should I also be happy or sad 
I got alloted 1 lot
How is this for long term ? Alloted 1 lot each in 3 diff applications. 😅
Got 1 lot 😊
Salla ek apply kiya woh bhi mil gaya, 19/19 Shares
Got allotment but lien still marked in account money didn’t leave bank 
Not allotted.
Allotted 1 lot after a long time but this time, no good gut feeling.
Applied for 13 lots (247 shares) and got none…never felt so happy on not getting a single share
Got 1 lot
Applied for 9 lot.
don’t get a single 😕
May be you are lucky enough. 
Got 1 + 1 (wife’s account) lots.
Bhai enjoy, hum do hamare do… 
Applied 2
Allotted 0
Lucky you
Applied for 7 and got 7
Haha
Very bad luck
How to sell instantly on listing?
Any settings?
Not sure it is possible to do it in advance as listing will open on 10AM while market opens at 9:15AM & I don’t know of any advance order trigger setting which is based on time. Just be online & as soon as listing opens immediately select & click on sell if it opens at even a slight positive to ipo price.
Now NSDL is trolling SBI Cards and payment Services share hold a Lotus by sending messages in the morning it happened first time with me that I got an SMS from NSDL regarding the allotment of the shares now it is it 2 way of trolling
IPO is good but timing is worst!
I hope at 40-50% active dimers must have SBI CC, that too SimplyClick…
I have numerous CC, but SBI beats them in most of the areas. (APP and Web UI, Rewards, Customer Support, Facilities, Shopping Discounts etc)
Got 1 lot. let us see…
Read this before praising sbi cards too much:
https://threadreaderapp.com/thread/123434310000...
Listed at ₹661
Congratulations to those who did not apply or did not get the allotment.
I got 1 lot each in 2 accounts.. 
 for Rs. 755.0 at ){kind=link}
 for Rs. 755.0 at ){kind=link}
I think he took it as a contrarian bet.