Regarding SBI card ipo

Where did u check?

Allotment is done. My ac is debited for amount equivalent to 1lot. I recvd sms. I had applied for 9. Retail investor.

SBI card walo put you hands up in the air

I advise to tread with caution wrt sbicard.

The results looks good because it doesn’t reveal the true picture. Interest income by SBI card has shot up because of surge in moratorium accounts. Results show them as income despite the fact that the actual payment of interest has not been done.

If one carefully looks at the results the amount generated from membership. Fees has fallen by 40 percent this quarter.

The pain is real. Be cautious and if possible use this rally to exit ur positions

@bikidas2060 Bhai any idea about M&M rights issue? Eligible for rights issue if we buy today? Didn’t get a correct answer anywhere.