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How many shares are reserved for SBI shareholders in SBI Card IPO?

SBI Card IPO has 13,052,680 Equity Share reserved for State Bank of India (SBI) shareholders. Approximate 10% of the total issue size is reserved for shareholders. February 18, 2020 is the cut-off date for shareholders.

  • Shares offer to Employees: 13,052,680 Equity Share (~10%)
  • Total Shares Offered: Rs 500 Cr (Fresh Issue) + 130,526,798 (OFS)