Is it a good idea to invest in an SBI card IPO?

Yes, it is a good idea to invest in SBI Card IPO for short term listing gain as well as for long term investment. Between 25 to 35 Lakh IPO applications are expected in this IPO, which shows a solid demand for its shares. The higher demand results in better listing gains.

SBI Cards & Payment Services Ltd is a fundamentally strong company with a lucrative business and a wide range of products offering. It has a market share of around 20% in the Indian credit card market.