FREE Account Opening + No Clearing Fees
Loading...

What would be the price of SBI Cards after listing?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

SBI Card is expected to list at around Rs 1000 against its issue price of Rs 755. As of Feb 26, 2020, the SBI Card IPO grey market premium stands around Rs 300.

The price of an IPO share on the listing is very difficult to predict as it can go in any direction. The demand and supply of SBI Card IPO shares, the market situation on listing day, allotment ratio and many other factors contribute to the listing price.

Note that investment in the share market including IPO is among high-risk investments.



Comments

Add a public comment...


Find more questions on this topic