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IPO Open | Mar 2, 2020 |
IPO Close | Mar 5, 2020 |
IPO Price | ₹755 |
Face Value | ₹10 |
IPO Size | ₹10,354.77 Cr |
Listing At | BSE, NSE |
Lot Size | 19 |
Check SBI Cards IPO allotment status online by clicking the button below. If you have difficulties finding the SBI Cards and Payment Services Ltd IPO allotment status, please visit the website of the IPO registrar.
Note: Registrar of the SBI Cards IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for SBI Cards and Payment Services Ltd IPO, check the 'basis of allotment' document.
SBI Card IPO allotment is expected on Mar 11, 2020, as per the plan mentioned in the RHP document. The SBI Cards IPO shares are planned to list on Mar 16, 2020.
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.
The SBI Cards IPO allotment status will be available on Mar 11, 2020, as per the timeline provided in the red-herring prospectus.
Below are the steps to check SBI Cards IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected listing price of SBI Cards IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The SBI Cards IPO grey market premium gives some hint but the actual listing price is difficult to guess.
SBI Cards IPO allotment status is expected on Mar 11, 2020. Click the green button SBI Cards IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.
If SBI Cards IPO oversubscribed in the retail category, the SBI Cards IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The reason you didn't get the SBI Cards IPO could be:
The SBI Cards IPO will open for bidding on Mar 2, 2020. The IPO application closes on Mar 5, 2020.
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