Latest


SBI Cards IPO subscribed 3.32 times

  •   Wed, Mar 04 2020 01:45:23 PM

New Delhi, Mar 4 (IANS): SBI Cards and Payment Services listing has survived the coronavirus storm in the market as its IPO has been oversubscribed 3.32 times in a weak market.

The mega IPO by SBI Cards and Payment Services has been fully subscribed on day three of the bidding process. The issue has been oversubscribed 3.32 times, data showed.

The issue will close for QIBs on Wednesday and for retail investors and HNIs on Thursday.

The price band for the issue was fixed at Rs 750-755 and the minimum amount a small investor can invest by subscribing a lot of 19 shares is Rs 14,345.

 

 
  

Top Stories


Leave a Comment

Title: SBI Cards IPO subscribed 3.32 times



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like