SBICARDS

Q: How to invest in the SBICARDS ?

Investors can apply for the SBICARDS through their Demat account via the stock exchange or through their broker.

Q: What is the issue size of SBICARDS ?

The issue size of the SBICARDS is 10286.2 Cr.

Q: What is 'pre-apply' for SBICARDS ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Q: 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.

Q: What are the open and close dates of the SBICARDS ?

SBICARDS will be open between 2020-03-02 and 2020-03-05.

Q: Where is the SBICARDS getting listed?

The shares are proposed to be listed on the BSE and NSE.

Q: When will SBICARDS shares be credited to your demat account?

The SBICARDS shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

Q: What is the lot size and minimum order quantity of the SBICARDS ?

The SBICARDS lot size is 19 and minimum order quantity is 19.

Q: What is the price band for the SBICARDS ?

SBICARDS has set the price band for its IPO at 755 per equity share with a face value of 10.

upcoming

₹14,250Min. investment

SBICARDS IPO Details

Issue size

₹10,286.2Cr

IPO type

Mainboard

Price range

₹750 – ₹755

Listing date

To be announced

Lot size

19 shares

Price range₹750 – ₹755

IPO type

Regular

Lot size19 shares

Issue size₹10,286.2Cr

SBICARDS Timeline

Pre-apply
TBA
Bid start
TBA
Bid end
TBA
Allotment
TBA
Release of funds
TBA
Demat transfer
TBA
Listing
TBA

Pre-apply
To be announced
Bid start
To be announced
Bid end
To be announced
Allotment
To be announced
Release of funds
To be announced
Demat transfer
To be announced
Listing
To be announced

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.

Checklist

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SBICARDS Contact Details

Company Name	SBICARDS

Company NameSBICARDS

How to apply for SBICARDS?

Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Sbicards IPO FAQs

How to invest in the SBICARDS ?

What is the issue size of SBICARDS ?

What is 'pre-apply' for SBICARDS ?

Which exchanges will SBICARDS shares list on?

What are the open and close dates of the SBICARDS ?

Where is the SBICARDS getting listed?

When will SBICARDS shares be credited to your demat account?

What is the lot size and minimum order quantity of the SBICARDS ?

What is the price band for the SBICARDS ?

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How to apply for IPOs on Upstox

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!