SBI Card IPO

SBI Card IPO Information

SBI Card and Payment Services Limited IPO details

What are the SBI Card IPO Dates and Pricing details?

*(Date & Price are uncertain and not fixed)
Issue Open Date: 2nd March 2020
Issue Close Date: 5th March 2020
Allotment Date: 11th March 2020
Refund Date: 12th March 2020
Credit to Demat A/c: 13th March 2020
Listing Date: 16th March 2020
IPO Size: (130,526,798 Equity share for OFS and Rs.500 Cr. for a fresh issue)*
Face Value: 10 Per share
Price Band: 750-775
Listing On: BSE & NSE

Why SBI Card IPO is coming?

What are the Objectives of the SBI Card IPO?

The first objective of the SBI Card IPO is to issue OFS (Offer For Sale) of 130,526,798 Equity shares.

OFS means a company wants to sell its shares to an open market and these shares are already held by some of the company's promoters.

The second objective is to meet the future capital requirements and it up to 500 crores.

What are the Financial Statesticles?

The financial Ratio of SBI Card IPO for investments.