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SBI Cards IPO News

16 Mar 2020

SBI Cards IPO lists at nearly 13% discount amid coronavirus concerns

SBI Cards and Payment Services Ltd, owned by the country's largest lender, opened at 661 rupees per share, a discount of 12.45% to its offer price of 755 rupees.

06 Mar 2020

SBI Cards IPO weathers coronavirus turmoil, subscribed 22 times

The credit card arm of the country`s top public lender, State Bank of India, drew bids for 2.25 billion shares on Thursday, compared to the 100.3 million shares on offer, stock exchange data showed.

02 Mar 2020

SBI Cards IPO subscribed 18% till mid-day on Day 1

The IPO received 1.84 crore bids by 1.45 p.m. compared with the issue size of 10.03 crore, data from the National Stock Exchange (NSE) showed.

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