InvestorQ : Have the IPO details of the SBI Cards IPO been finalized and what are the dates and other details of the IPO?
Dawn Cherian made post

Have the IPO details of the SBI Cards IPO been finalized and what are the dates and other details of the IPO?

Answer
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Dilmini Mercia answered.
7 months ago


SBI Cards IPO will be a Book Built IPO. The following are the details of the SBI Cards IPO that investors need to be aware of…

Issue Opens on: 02 March 2020

Issue Closes on: 05 March 2020

Issue Size: 13.71 crore shares

Face Value: Rs.10/- per Share

Floor Price: Rs.750 – Rs.755 per Share (subject to discovery)

Market Lot: 19 Shares

Listing At: NSE, BSE

Net size of OFS – 11.56 crore @755/- = Rs.8,728.51Crs

Fresh Issue of 66.23 lakh shares @755/- = Rs.500.00Crs

Category-wise Break up:

Anchor Investors – Rs.2,768.55 crore

QIB – Rs.1,845.70 crore

Non Institutional Investors – Rs.1,384.28 crore

Retail Investors –3,229.98 crore

SBI Shareholders – Rs.985.48 crore

Employee Quota – Rs.137.99 crore

Total Issue – 13,71,49,315 Shares = 10,351.98 crore