SBI Cards IPO

Chittorgarh

IPO Investment Portal
#1
Incorporated in 1998, SBI Cards and Payment Services Ltd is the 2nd largest credit card issuer in India. SBI Cards and Payment Services Ltd is the subsidiary company of SBI Bank. The company offers credit cards for SBI and other co-brand partners. It offers four types of credit cards including SimplySave, SimplyClick, Prime and Elite.

SBI Cards IPO has two special categories apart from retail individual investors, which are Employee and Shareholders. To become eligible SBI shareholders to invest in shareholders quota, you must have at least 1 share of SBI as on the date of RHP filing with SEBI. Eligible Employees are allowed to bid up to Rs 5 lakh in the Employee category.

SBI Cards IPO public issue detail:
  • Issue Type: Book Built Issue IPO
  • Fresh Issue: Aggregating up to ₹500.00 Cr
  • Employee Reservation Portion: Up to 1,864,669 Equity Shares
  • Shareholders Reservation Portion: Up to 13,052,680 Equity Shares
  • Face Value: Rs 10 Per Equity Share
  • Listing At: BSE, NSE
For more detail visit SBI Cards IPO Details page.

Important Points:
  • Shareholders can apply in shareholder (max up to Rs 2 lakh) and Net issue (max up to 2 lakh).
  • An employee can apply in Employee (max up to Rs 5 lakh) and net issue (max up to Rs 2 lakh) categories.
  • If an employee is also a shareholder, they can apply in shareholder (max up to Rs 2 lakh), employee (max up to Rs 5 lakh) and net issue (max up to Rs 2 lakh) categories.
Note: The RHP of SBI Cards IPO is yet to be approved by SEBI.

For more information on special categories, also read:
1. SBI Cards IPO Shareholders Application Detail
2. SBI Cards IPO Employees Application - Explained
 
Last edited:
#5
Hi. I have some questions related to SBI Cards IPO. Please help.

1. Which Stock Exchange Type Share I should buy of SBI to be eligible for the Shareholding Category Quota for SBI Cards IPO? (NSE / BSE)

2. How many Share I have to buy for the Shareholding Category?

3. Last Date of buying Share of SBI for the Shareholding Category?

4. Where is this mentioned in the Draft PDF about the Shareholding Category and all the details about it?

Thanks.
 
#6
BUY in NSE

buy share upto 2 lakhs (Allotment chances are maximum in this category as retail investor)
if u have more money then apply in HNI categoty

In my experience if u apply on last day of ipo u won;t get it if ipo is of very good company so attack on 1st day

Sbi ipo is one of best ipo have eyes on it
 

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