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SBICARDS
upcoming
₹14,250Min. investment
SBICARDS IPO Details
Issue size
₹10,286.2Cr
IPO type
Mainboard
Price range
₹750 – ₹755
Lot size
19 shares
Price range₹750 – ₹755
IPO type
Regular
Lot size19 shares
Issue size₹10,286.2Cr
Checklist
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial
health at a glance and identify quality investment opportunities easily
SBI Cards is the second-largest credit card issuer in India with an 18% market share. SBI Cards was launched in October 1998 by SBI and GE Capital. In December 2017, State Bank of India and the Carlyle Group acquired GE Capital's stake in the company.
Frequently asked questions
How to invest in the SBICARDS ?
Investors can apply for the SBICARDS through their Demat account via the stock exchange or through their broker.
What is the issue size of SBICARDS ?
The issue size of the SBICARDS is 10286.2 Cr.
What is 'pre-apply' for SBICARDS ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will SBICARDS shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
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Step 1
Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section
Step 2
Click on apply, enter the lot size, price and provide your UPI mandate.
Step 3
Approve the UPI mandate on your UPI app and you are all set!