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Jack Shaw's Comments

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Jack Shaw
2. Jack Shaw  Feb 28, 2020 19:56 Reply

SBI Cards and Payment Services Ltd IPO

GMP = Gone Market Premium
With such drastic falls (Dow is done again by 900 points at present) and fleeing FPIs over subscription would be limited and hence GMP would come down.

I still believe it is a good bet but GMP levels and short term outlook may not be that good.

Of course 16th March (loisting day) is far away...so let's see where we go from 5th to 16th!

Just my views.
Jack Shaw
1. Jack Shaw  Feb 22, 2020 16:43 Reply

SBI Cards and Payment Services Ltd IPO

here it is...https://www.sebi.gov.in/sebi_data/commondocs/may-2018/Annexure-B-Chapters_p.pdf

"(tt) "retail individual investor" means an investor who applies or bids for specified securities for a value of not more than two lakhs rupees;
(uu) "retail individual shareholder" means a shareholder who applies or bids for specified
securities for a value of not more than two lakhs rupees;
(vv) "rights issue" means an offer of specified securities by a ..."






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