SBI Cards and Payment Services Limited IPO
MainboardFinance - NBFC
Listed On: Mar 16, 2020 at ₹ 661.0
₹ 14345 /19 Shares
Price Summary
Last Closing
939.00 (24.37%)52 Week High
1,027.2552 Week Low
659.80Last Update
19-Jun-2025 3:30 PM02 Mar, 2020
Open Date05 Mar, 2020
Close Date12 Mar, 2020
Allotment Date16 Mar, 2020
Listing DateIssue Price
Rs 750 to Rs 755 Rs per Equity Share ( Rs 75/- discount for Employees )Face Value
Rs 10 Per Equity ShareListing at Group
NSE, BSERegistrar
Link Intime India Private LimitedList Price
661.0Listing Date
2020-03-16Market Lot
19 Shares ( Rs 14,345/- )Lead Manager
Axis Capital Limited, DSP Merrill Lynch Limited, Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited, Nomura Financial Advisory and Securities (India) Private Limited and SBI Capital Markets LimitedIssue Size
Total Equity Shares 13,71,49,314 of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 10,354.77/- Cr# Fresh Issue of 66,22,516 Equity Shares of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 500/- Cr# Offer for Sale of 13,05,26,798 Equity Shares of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 9854.77/- CrRetail Portion
N/ASubscription
2,66,16,28,300 26.54 timesIPO Docs
No related IPO documents available.
IPO Details
The IPO of is priced at ₹750 - 755 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Mar 2, 2020 and ends on Mar 5, 2020. The allotment for IPO will be finalized on Mar 12, 2020. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Mar 16, 2020. The company shall list its equity shares on the NSE, BSE. Link Intime India Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Axis Capital Limited, DSP Merrill Lynch Limited, Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited, Nomura Financial Advisory and Securities (India) Private Limited and SBI Capital Markets Limited.
The IPO sets its price band at 750 - 755 for each share. A single application for SBI Cards and Payment Services Limited IPO must contain at least 19 shares.
IPO Subscription Details
| As on | QIB | NII | Retail | Employee | Share Holder | Total |
|---|---|---|---|---|---|---|
| Shares Offered / Reserved | 2,42,24,003 | 1,83,41,418 | 4,27,96,641 | 18,64,669 | 1,30,52,680 | 10,02,79,411 |
| Day 1 - 02-03-20 | 21,812 0.00 x | 16,61,398 0.09 | 1,91,86,238 0.45 x | 14,79,093 0.79 x | 66,40,595 0.51 x | 2,89,89,136 0.29 x |
| Day 2 - 03-03-20 | 6,10,565 0.03 x | 53,30,697 0.29 | 3,68,69,329 0.86 x | 34,00,810 1.82 x | 1,35,02,122 1.03 x | 5,97,13,523 0.60 x |
| Day 3 - 04-03-20 | 1,38,52,43,431 57.18 x | 4,01,54,562 2.19 | 7,57,54,444 1.77 x | 61,37,722 3.29 x | 4,62,43,606 3.54 x | 1,55,35,33,765 15.49 x |
| Day 4 - 05-03-20 | 1,38,52,43,431 57.18 x | 82,95,26,396 45.23 | 10,70,33,346 2.5 x | 88,41,004 4.74 x | 33,09,84,123 25.36 x | 2,66,16,28,300 26.54 x |
Valuations
Earnings Per Share (EPS)
Rs 9.19/-P/E Ratio
82RoNW
24%Net Asset Value (NAV) - As on 30.09.19
51.73Company Financials All values are in ₹ Cr.
- Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| Ujjivan Small Finance Bank Limited | 2.67 | 32 | 9.49 | 2037.58 |
| DCB Bank Limited | 1.71 | 15.69 | 10.91 | 3041.49 |
| AU Small Finance Bank Limited | 7.28 | 41.57 | 17.51% | 2948.84 |
| Bandhan Bank Limited | 4.71 | 24.86 | 18.94% | 6644.05 |
| RBL Bank Limited | 2.00 | 19.70 | 10.18% | 6300.71 |
| Equitas Holdings Limited | 1.83 | 357.04 | 0.52% | 2275.31 |
| CreditAccess Grameen Limited | 4.22 | 28.90 | 14.59% | 1281.33 |
- Promoter(s)
- State Bank of India Limited
IPO - Issue Objectives
- Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
- Fresh Issue(a) To augment Bank's capital base to meet the Bank's future capital requirements(b) To achieve the benefits of listing the Equity Shares on the Stock Exchanges and Offer for Sale
IPO - FAQs
Ans. SBI Cards and Payment Services Limited IPO is a Mainboard IPO. The issue is priced at Rs 750 to Rs 755 Rs per Equity Share ( Rs 75/- discount for Employees ). The minimum order quantity is 19 Shares. The IPO opens on Mar 2, 2020, and closes on Mar 5, 2020. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.
Ans. The SBI Cards and Payment Services Limited IPO opens on Mar 2, 2020 and closes on Mar 5, 2020.
Ans. The size of SBI Cards and Payment Services Limited IPO is Total Equity Shares 13,71,49,314 of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 10,354.77/- Cr# Fresh Issue of 66,22,516 Equity Shares of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 500/- Cr# Offer for Sale of 13,05,26,798 Equity Shares of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 9854.77/- Cr.
Ans. The IPO price band is set between Rs 750 to Rs 755 Rs per Equity Share ( Rs 75/- discount for Employees ).
Ans. To apply for SBI Cards and Payment Services Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find SBI Cards and Payment Services Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of SBI Cards and Payment Services Limited IPO is Mar 12, 2020.
Ans. The SBI Cards and Payment Services Limited IPO will be listed on Mar 16, 2020.
Ans. Follow the steps to check the allotment status for SBI Cards and Payment Services Limited IPO here.
