Exchanges
BSE, NSE
Industry
Non Banking Financial Company (NBFC)
Issue
Book building

SBI Cards & Payment Services IPO

₹681.40

−9.75% on listing

Listing-day close · NSE · 16 Mar 2020 · issue price ₹755

SBI Cards & Payment Services’ ₹10,341 crore IPO was priced at ₹755 a share. It listed on the NSE on 16 Mar 2020 and closed its first day at ₹681.40, down 9.75% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹10,341 Cr
Fresh issue
₹499 Cr
Offer for sale
₹9,841 Cr
Lot size
19 shares
Minimum investment
₹14,345
Face value
₹10
Registrar
MUFG Intime India

Subscription

SBI Cards & Payment Services IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—19.21×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹70,890 Cr
Promoter holding
74.00% → 69.51%

From the offer documents.

Listing

Listing date
16 Mar 2020
Issue price
₹755
Open
₹661.00
High
₹755.00
Low
₹656.00
Close
₹681.40

Listing day on the NSE. The close was −9.75% on the issue price.

SBICARD share price today

FAQs

When did the SBI Cards & Payment Services IPO open and close?

It opened on 2 Mar 2020 and closed on 5 Mar 2020.

What was the SBI Cards & Payment Services IPO price?

The price band was ₹750–755 a share. The final issue price was ₹755.

What is the lot size and minimum investment?

One lot is 19 shares, ₹14,345 at ₹755 a share. Retail investors apply in whole lots.

How much did SBI Cards & Payment Services raise?

₹10,341 crore: ₹499 crore of new shares and ₹9,841 crore offered by existing shareholders.

How many times was the SBI Cards & Payment Services IPO subscribed?

19.21 times overall.

How did SBI Cards & Payment Services list?

It listed on the NSE on 16 Mar 2020 at ₹661.00 and closed the day at ₹681.40, down 9.75% on the ₹755 issue price.

Who is the registrar of the SBI Cards & Payment Services IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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