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bcskal
7. bcskal  Mar 31, 2020 08:52 Reply

SBI Cards and Payment Services Ltd IPO

Lockdown is given for all the companies, factories, govt. offices etc. etc, but why not for the Indian Stock Market? Why only the Indian stock market should work now in this difficult period and daily it is losing by about 1000-points? If the same trend continues, then after one month it will become zero (or) even negative.
I request the Finance Minister, BSE & NSE to close down the Indian stock market up to 14th April 2020. Everybody kindly support my idea, please. Thanks..
REK
7.7. REK  Apr 6, 2020 18:32
amit K singh
7.8. amit K singh  Apr 6, 2020 19:13

SBI Cards and Payment Services Ltd IPO

The 30 Sensex stocks are:
The BSE SENSEX (also known as the S&P Bombay Stock Exchange or Sensitive Index or simply the SENSEX) is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange. Here is the list of Sensex stocks:
Asian Paints, Axis Bank, Bajaj Auto, Bajaj Finance, Bharti Airtel, HCL Technologies Ltd, HDFC Bank, Hero MotoCorp, Hindustan Unilever, Housing Development Finance Corporation, ICICI Bank, IndusInd Bank, Infosys, ITC, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, Maruti Suzuki, Nestle India Ltd, NTPC, Oil and Natural Gas Corporation, Power Grid Corporation of India, Reliance Industries, State Bank of India, Sun Pharmaceutical, Tata Consultancy Services, Tata Steel, Tech Mahindra Ltd, Titan Co Ltd , UltraTech Cement Ltd

The base period of Sensex is 1978-79 and the base value is 100 index points. This is often indicated by the notation 1978-79=100. The calculation of Sensex involves dividing the Free-float market capitalization of 30 companies in the Index by a number called the Index Divisor.
The Divisor is the only link to the original base period value of the Sensex. It keeps the Index comparable over time and is the adjustment point for all Index adjustments arising out of corporate actions, replacement of scrips etc. During market hours, prices of the index scrips, at which latest trades are executed, are used by the trading system to calculate Sensex every 15 seconds and disseminated in real time.
Free-float market capitalization is defined as that proportion of total shares issued by the company that are readily available for trading in the market.
It generally excludes promoters' holding, government holding, strategic holding and other locked-in shares that will not come to the market for trading in the normal course

Suppose the Index consists of only 2 stocks: Stock A and Stock B.
Suppose company A has 1,000 shares in total, of which 200 are held by the promoters, so that only 800 shares are available for trading to the general public. These 800 shares are the so-called 'free-floating' shares.
Similarly, company B has 2,000 shares in total, of which 1,000 are held by the promoters and the rest 1,000 are free-floating.
Now suppose the current market price of stock A is Rs 120. Thus, the 'total' market capitalisation of company A is Rs 120,000 (1,000 x 120), but its free-float market capitalisation is Rs 96,000 (800 x 120).
Similarly, suppose the current market price of stock B is Rs 200. The total market capitalisation of company B will thus be Rs 400,000 (2,000 x 200), but its free-float market cap is only Rs 200,000 (1,000 x 200).
So if the market capitalisation of the index (i.e. stocks A and B) is Rs 520,000 (Rs 120,000 + Rs 400,000); while the free-float market capitalisation of the index is Rs 296,000. (Rs 96,000 + Rs 200,000).
The year 1978-79 is considered the base year of the index with a value set to 100. What this means is that suppose at that time the market capitalisation of the stocks that comprised the index then was, say, 60,000 (remember at that time there may have been some other stocks in the index, not A and B, but that does not matter), then we assume that an index market cap of 60,000 is equal to an index-value of 100.
Thus the value of the Sensex in this case is = 296,000 x 100/60,000 = 493.33.

Similarly , Current value of Sensex is calculated for current free floating market capitalization.
bcskal
6. bcskal  Mar 30, 2020 09:32 Reply

SBI Cards and Payment Services Ltd IPO

Why BSE & NSE cannot be closed till 14.04.2020? It is not an essential item; whereas daily it is going down by around 1000 points and increases our tensions and blood pressure levels. Now also BSE is down by around 850 points. I request the concerned authorities to give a lockdown for BSE & NSE up to 14.04.2020.thanks.
investormahesh
6.1. investormahesh  Mar 30, 2020 12:34

SBI Cards and Payment Services Ltd IPO

if someone has stocks but no bank balance and needs cash what will he do? stock market should be opened for at least twice a week for less number of hours
bcskal
5. bcskal  Mar 29, 2020 15:57 Reply

SBI Cards and Payment Services Ltd IPO

Because of the Corona virus problem, daily the sensex is going down by around 1000 (or) 2000 points and it is increasing our tensions. I request the concerned authorities to close down the BSE & NSE upto 14th April 2020 and then it can be reviewed for opening the same, if the CORONA problem is getting reduced. Hope everybody can understand. Thanks.
amit K singh
5.1. amit K singh  Mar 29, 2020 16:29

SBI Cards and Payment Services Ltd IPO

Good idea...but show must go on...
bcskal
4. bcskal  Mar 16, 2020 12:59 Reply

SBI Cards and Payment Services Ltd IPO

Even when the QIB subscription is around 50X, then why it should list at discount? The name of the company SBI is lost now because of this. It has not even crossed the issue price of Rs.755/-. So, investors! hereafter be careful before applying for these kinds of big ticket IPOs. They also can fool the people. I agree the market is down today. But at least, it could have listed around Rs.800/-, so that retail investors would have been happy. OK guys, thanks.
techuser
4.1. techuser  Mar 16, 2020 13:10

SBI Cards and Payment Services Ltd IPO

SBI has always looted poor retailers... and helped people like alya, malya, yes bank.. they are doing Aish in forign countries now. In short, SBI will get their NPAs from retailers that's for sure :)
bcskal
3. bcskal  Jan 10, 2020 12:35 Reply

SBI Cards and Payment Services Ltd IPO

I think the much awaited IPOs like SBI CARDS IPO, HDB Financial IPO, EQUITAS BANK IPO and UTI AMC IPO all will hit the market after the General Budget only(01.02.2020)(Saturday) has been presented in the Parliament. So I think we have to wait till that time. Thanks.
bcskal
3.1. bcskal  Jan 11, 2020 10:48

SBI Cards and Payment Services Ltd IPO

Hello Admn. & Experts,
Kindly pl. comment about the above mentioned point. Thanks.
Arjunsinh Solanki
3.2. Arjunsinh Solanki  Jan 11, 2020 23:16

SBI Cards and Payment Services Ltd IPO

BUDGET KAB AA RAHA HEY AUR US KE SATH KITNE LOG AANEWALE HEY?
bcskal
2. bcskal  Dec 27, 2019 09:13 Reply

SBI Cards and Payment Services Ltd IPO

Dear all,
Kindly inform the order in which the following IPOs are going to come: EQUITAS BANK, HDB FINANCE, SBI CARDS & UTI AMC. Also inform the likely dates of these IPOs. thanks.
bcskal
1. bcskal  Dec 18, 2019 03:36 Reply

SBI Cards and Payment Services Ltd IPO

Hello Chittorgarh Admn,
Kindly create a new IPO page for EQUITAS BANK IPO, as they have already filed the DRHP with SEBI recently. Thanks.
Team Chittorgarh.com
8.1. Team Chittorgarh.com  Dec 18, 2019 08:19

SBI Cards and Payment Services Ltd IPO

Dear Sir,
Let's wait for few more days to get a clear picture. We will add the new page as soon as we get a confirmation from the management.

We usually add IPO's on our website once we have confirmation. We had an exception In the case of SBI as many questions were being asked to us about shareholders and employee reservation.

Thank you,

Chittorgarh.com Admins

bcskal
8.2. bcskal  Dec 18, 2019 09:32






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