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Medge
25. Medge  Mar 14, 2020 22:21 Reply

SBI Cards and Payment Services Ltd IPO

Lots of discussion is going on about listing and it will continue till listing day morning, observed that some people posting -ve listing messages, somewhere i feel that its to create panic as there should be lots of new retail investors who invested and got allotment and as overall markets are also not doing good so there must be fear in mind about listing, which is all acceptable.
I just want to say its your own money which you have already invested in this IPO It might list downside but instead of thinking that upward side movement having high chance in near term.
After all its all your money take your wise decision by your own dont fall in trap, Big mutual funds, DII & FII already invested and QIB subscription had good numbers, they must had studied all factors about SBI card. So individual can decide whom to follow.

I cant predict about listing range, but i will book partial profit if listing day it will cross 950 price and if listing day it goes below or list below 715 i will buy more shares.

This stock will perform solid with market growth.
Medge
24. Medge  Mar 13, 2020 12:52 Reply

SBI Cards and Payment Services Ltd IPO

Looks like fund released from SBI IPO non allotment is being use for buying good stuff from secondary market.
Medge
23. Medge  Mar 12, 2020 10:36 Reply

SBI Cards and Payment Services Ltd IPO

third party bank applications all rejected for allotment.
harit
23.3. harit  Mar 12, 2020 11:08

SBI Cards and Payment Services Ltd IPO

Only upi 3rd party mandate
Cancelled
3rd party asba offline cleared
Imo
manjitsingh
23.4. manjitsingh  Mar 12, 2020 11:08
Medge
22. Medge  Mar 5, 2020 16:49 Reply

SBI Cards and Payment Services Ltd IPO

As SH category subscribed 25* times

Who applied 100 lots application will get 4 lots

Confirmed allotment at brief level (as per below examples please calculate as per your application)

Lots applied in 1 application / Allotment of lots
100 lots / 4 lots
90 lots / 3 lots + Extra 10-11 shares
75 lots / 3 lots
60 lots / 2 lots + Extra 7 shares
50 lots / 2 lots
25 lots / 1 lots



Now who applied below 25 lots application

Lottery allotment
24 lots / 24 applications out of 25 applications will get 1 lot
23 lots / 23 applications out of 25 applications will get 1 lot
22 lots / 22 applications out of 25 applications will get 1 lot
.
.
.

11 lots / 24 applications out of 25 applications will get 1 lot
10 lots / 24 applications out of 25 applications will get 1 lot
.
.
.
.
5 lots / 5 applications out of 25 applications will get 1 lot
4 lots / 4 applications out of 25 applications will get 1 lot
3 lots / 3 applications out of 25 applications will get 1 lot
2 lots / 2 applications out of 25 applications will get 1 lot
1 lot / 1 application out of 25 applications will get 1 lot
PSR
22.25. PSR  Mar 6, 2020 04:11

SBI Cards and Payment Services Ltd IPO

confusion prevails in the allottment methodology in shareholders Qouta, as to it is like in the case of RIIs or NIIs. To be specific, whether it is like the method adopted in ICICI Lombard or Ujjivan SFB.
Medge
22.26. Medge  Mar 6, 2020 04:57
Medge
21. Medge  Mar 5, 2020 19:03 Reply

SBI Cards and Payment Services Ltd IPO

What if registrar rejects all third party retail applications❓

Anyone can guess then how much will be rejction % ❓
manjitsingh
21.1. manjitsingh  Mar 5, 2020 19:37

SBI Cards and Payment Services Ltd IPO

Around 8 to 9 lakh I guess ..
iponooob
21.2. iponooob  Mar 5, 2020 19:39

SBI Cards and Payment Services Ltd IPO

Have they really invested in such a system or were they just giving out that information as per regulations?
Medge
20. Medge  Mar 3, 2020 18:05 Reply

Antony Waste Handling Cell Ltd IPO

Anchor has allotted shares at 295 lower price band
Medge
19. Medge  Mar 3, 2020 13:55 Reply

SBI Cards and Payment Services Ltd IPO

Employee Quota 1.8X after lunch time :)
Dr. Jan Itor
19.2. Dr. Jan Itor  Mar 3, 2020 14:59

SBI Cards and Payment Services Ltd IPO

For the first time, SBI employees are working after lunch time. ;)
AhireR
19.3. AhireR  Mar 3, 2020 15:20

SBI Cards and Payment Services Ltd IPO

@dr jan
First thing I am not a sbi employee. You know when their officers leave branch after cash tally? at 9-10 pm. The workload and pressure u can't even imagine..Infact there have been cases of suicide in sbi in recent times..
I am not saying it's right or wrong to criticize just telling the fact..Yes they are very aggresive when it comes to problem solving but it's the frustration that talks..
Medge
18. Medge  Mar 3, 2020 09:06 Reply

SBI Cards and Payment Services Ltd IPO

If people dont have below options to apply in this IPO but wanted to to apply in anyhow

- Own UPI ID
- Netbanking ASBA of own Bank account
- Dont know where to submit physical ASBA application in Bank

Just apply using third party netbanking ASBA from your friends relatives netbanking ASBA, Below Banks allows third party applications

- SBI
- AXIS
- RBL
- BOB

Accepting third party application its Registrar call (Linkintime), no one sure about are they valid or invalid, but at least whoever want to participate at least they can take a chance.
retail
18.6. retail  Mar 3, 2020 10:50

SBI Cards and Payment Services Ltd IPO

application already submitted .
Paru Patel
18.7. Paru Patel  Mar 3, 2020 11:24

SBI Cards and Payment Services Ltd IPO

RBL Does Not Allowed Third Party Application, Do not apply from RBL
Medge
17. Medge  Mar 2, 2020 14:35 Reply

SBI Cards and Payment Services Ltd IPO

In India below are only three Credit card separate entities from Bank core business
-SBI card
-BOB card
-Amex (foreign group)

Other all credit card groups (HDFC, ICICI, AXIS etc etc) are tightly comes under their respective bank core umbrella business, So HDFC, AXIS card never ever going to list in market (technically they are not separate from bank)

After SBI card listing only peer group is left is BOB card which is qualified for IPO, except this no any other
ganesh jaiswal
17.1. ganesh jaiswal  Mar 2, 2020 15:16

SBI Cards and Payment Services Ltd IPO

HDFC Mutual, HDFC Life was subsidiary of HDFC Ltd. they are now separate listing company. HDFC Bank will come with HDFC Card IPO hopefully after HDB Finance IPO whose DHRP is already filed. Moreover HDFC Bank Carp company is operational from Chennai and not from Bank headquarter.
Medge
17.2. Medge  Mar 2, 2020 15:40

SBI Cards and Payment Services Ltd IPO

When HDB finance DRHP is filed?

SBI card https://www.sbicard.com/ (separate website from SBI bank website)
BOB card https://www.bobfinancial.com/ (separate website from BOB bank website)


Do post if you are aware of HDFC bank card website other than HDFC bank website.


HDB Financial Services https://www.hdbfs.com/ (IPO awaiting)
HDFC ERGO https://www.hdfcergo.com/ (IPO awaiting)
HDFC AMC https://www.hdfcfund.com/ (already listed)
HDFC Life https://www.hdfclife.com/ (Already listed)
HDFC Bank https://www.hdfcbank.com/ (already listed)
HDFC https://www.hdfc.com/ (already listed)

PayZapp wallet app (HDFC bank entity, they might plan for this IPO)


I dont want to bring HDFC group discussion in this SBI card page but i hope this will clear your confusion.
Medge
16. Medge  Mar 2, 2020 13:54 Reply

SBI Cards and Payment Services Ltd IPO

Looks like many employee applied together with submitting applications :)
Employee quota subscription suddenly jumped to 78%
Vinay A
16.1. Vinay A  Mar 2, 2020 14:28

SBI Cards and Payment Services Ltd IPO

What is latest gmp and your view on listing thanks
Medge
16.2. Medge  Mar 2, 2020 14:50

SBI Cards and Payment Services Ltd IPO

I cant give idea abt listing becs of uncertainty in market.

But this is portfolio stock, i will keep accumulating for long term.

I have still not apply any single application in this ipo.
In RII category i will anyways going to submit 6 applications of 1 lot on last day.

I am also eligible for SH category in all 6 accounts, not decided, i may skip SH category.
Medge
15. Medge  Mar 2, 2020 11:03 Reply

SBI Cards and Payment Services Ltd IPO

At 12:00 PM on first day
Retail Subscription on the basis of Apps : 10%
Medge
14. Medge  Mar 2, 2020 08:01 Reply

SBI Cards and Payment Services Ltd IPO

Today all markets will b in recovery mode
Medge
13. Medge  Feb 28, 2020 14:40 Reply

SBI Cards and Payment Services Ltd IPO

When Small finance banks like AU small finance bank going to start online ASBA facility? i knew they accept offline forms
Medge
12. Medge  Feb 20, 2020 15:41 Reply

SBI Cards and Payment Services Ltd IPO

In RII category SBI total number of lots 22,51,641 are available

In USFB IPO total number of RII applicant were 14,92,075.
In IRCTC IPO total number of RII applicant were13,52,371.

Now lets see in SBI will it cross 1X application

RII should not worry about shareholder category, lets HNI enjoy mini HNI quota.

Medge
12.3. Medge  Feb 20, 2020 15:55

SBI Cards and Payment Services Ltd IPO

Chheda Ji,

I agree with you because in HDFC AMC RII applicant were 23,83,473 :)
Amit Pathak
12.4. Amit Pathak  Feb 20, 2020 16:30

SBI Cards and Payment Services Ltd IPO

Valuable information for RII... No need for SH
Medge
11. Medge  Feb 20, 2020 11:51 Reply

SBI Cards and Payment Services Ltd IPO

RHP link

https://www.axiscapital.co.in/uploads/equity_documents/20200220105049_sbi_cards_and_payment_services_limited__rhp.pdf
Medge
11.1. Medge  Feb 20, 2020 11:53

SBI Cards and Payment Services Ltd IPO

Same is available on this forum page under "SBI Cards IPO Prospectus" section
Medge
10. Medge  Jan 11, 2020 07:33 Reply

SBI Cards and Payment Services Ltd IPO

Cloud communication provider Route mobile gets SEBI approval for 600 CR IPO.

2nd time this company got approval after their 1st approval was expired, hope now company will hit market soon.
πŸ‘‰ IPO Janadesh πŸ’ƒ
10.1. πŸ‘‰ IPO Janadesh πŸ’ƒ  Jan 11, 2020 09:08

SBI Cards and Payment Services Ltd IPO

πŸ“²πŸ“±Mobile Route on Cloud 9πŸŒ©β›…
Medge
9. Medge  Jan 3, 2020 16:31 Reply

SBI Cards and Payment Services Ltd IPO

@AnkurGoel
please check below link for more details, i got to knew prostocks from this link :)

https://www.chittorgarh.com/article/minor_demat_account_minor_trading_account/175/
Ankush Dhengale
9.2. Ankush Dhengale  Jan 3, 2020 16:57

SBI Cards and Payment Services Ltd IPO

@Medge sir Sbi not allowed to issue cheque book minor,
Medge
9.3. Medge  Jan 3, 2020 17:20

SBI Cards and Payment Services Ltd IPO

@AnkurGoel Sir,
Prostocks would be good choice then.

@Ankush
You can ask prostocks about alternative payment option.
Medge
8. Medge  Dec 18, 2019 06:25 Reply

SBI Cards and Payment Services Ltd IPO

Hold SBI share in your demat account because SBI mutual fund IPO will also going to come in future.
Medge
7. Medge  Dec 17, 2019 16:09 Reply

SBI Cards and Payment Services Ltd IPO

Mazagon Dock gets Sebi's go-ahead to float IPO.
Medge
6. Medge  Dec 11, 2019 11:05 Reply

SBI Cards and Payment Services Ltd IPO

EaseMyTrip plans Rs 700 crore IPO, to be first India-listed Online Travel Agency.






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