SBI CARDS IPO PRICE
SBI Cards tanks 15% after anchor investors’ lock-in ends
After listing, the stock touched a high of Rs 769 but it is down 34% from that high due to the market meltdown.
SBI Cards IPO opens: Should you subscribe?
The management is confident that the IPO will sail through amid the ongoing market conditions.
SBI Cards IPO may be priced at Rs 750-755
About 1.31 crore shares have been reserved for SBI shareholders.
SBI Card IPO closes today: Will it see mega bids from HNIs?
Bankers expect the issue to be subscribed 30 to 35 times as HNIs are expected to place most of their bids on the last day.
SBI Card IPO opens next week: Analysts projecting 50% premium in price targets
SBI Cards is the second-largest credit card issuer in India, with an 18 per cent market share.
SBI Cards IPO will remain open for an extra day. Here’s why
Under normal circumstances, an IPO is open for subscription for a minimum period of three and a maximum of 10 working days under certain circumstances.
SBI Card’s 10 financial highlights to look at before bidding for IPO
SBI Card’s market share in terms of the number of credit cards outstanding stands at 18%.
Coronavirus hits IPO mart: Burger King shelves plan; Antony Waste withdraws issue
The mega IPO of SBI Card saw a listless listing at a 13 per cent discount to issue price of Rs 755.
SBI Cards IPO likely to hit Street in early March
The company will offer up to 13.05 crore equity shares via the offer for sale route, according to the draft red herring prospectors (DRHP).
If grey market is telling the real story, here is your next multibagger
Brokerage Edelweiss Securities in a report said the issue will open during March 2-5.
Virus scare threatens to chill frenzy for SBI Card IPO, cut listing gains
Small investors in the primary market are worried if the rout can hurt the prospects of the IPO.
SBI Cards listing date: SBI Cards IPO to list today, here's what to expect
The company had fixed a price band of Rs 750-755 per share for the IPO.
SBI Cards IPO Allotment Status: Here’s how to check
SBI Cards is expected to get listed early next week.
Covid-19 hits Q4 earnings of 2020’s biggest listing: Analysts bearish too
Poor market sentiment resulted in a weak debut for SBI Card on March 16.
SBI Card IPO price band fixed at Rs 750-755
The issue will open for subscription on March 2 and close on March 5.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service