247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

SBI Cards and Payment Services Limited IPO (SBI Cards and Payment Services IPO) Details

SBI Cards and Payment Services Limited is an Banking And Finance based company, located in New Delhi, SBI Cards and Payment Services Limited IPO size was 10354.77 Cr. and was issued at 755.00 per share. The share of SBI Cards and Payment Services Limited were listed at 683.20 per share and are currently trading at 735.20 per share.

Type :
Sub Sector : Credit Card Issuers In India
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
9653.55 Cr.

PAT :
1548.28 Cr.

Pricing Report

Issue Price :
755.00

Listing Price :
683.20

Current Market Price :
735.20

Issue Price vs CMP :
19.8 (2.62%)

listing Price vs CMP :
52 (7.61%)

Performance Report (CAGR* wise)

CAGR : -0.55
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About SBI Cards and Payment Services

Company Information
SBI Cards and Payment Services Limited is the second-largest credit card issuer in India, holding a 17.6% and 18.0% market share of the Indian credit card market in terms of the number of credit cards outstanding as of March 31, 2019, and September 30, 2019, respectively. In terms of total credit card spends, the company has a 17.1% and 17.9% market share in fiscal 2019 and the six months ending September 30, 2019, respectively, according to the RBI.
The company offers a comprehensive credit card portfolio catering to both individual cardholders and corporate clients. This portfolio includes a variety of credit cards such as lifestyle, rewards, travel and fuel, shopping, banking partnership cards, and corporate cards, covering all major cardholder segments based on income profiles
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Object of Issue
  • The Offer for Sale- The object of the Offer for Sale is to allow the Selling Shareholders to sell an aggregate of up to [?] Equity Shares held by themThe company will not receive any proceeds from the Offer for Sale
  • Fresh Issue- The net proceeds of the Fresh Issue, ieGross proceeds of the Fresh Issue less the Offer Expenses apportioned to the Company ("Net Proceeds" are proposed to be utilized for augmenting the capital base to meet company's future capital requirements

SBI Cards and Payment Services MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2020
IPO Size :
10354.77 Cr.
Market Cap :
70890.00 Cr.   
IPO Subscription :
26.54 X     
PE Multiple :
45.80
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

SBI Cards and Payment Services operates in Banking And Finance and Credit Card Issuers In India. The Issue is listed on MainBoard in Mar, 2020. SBI Cards and Payment Services IPO size was 10354.77 Cr. with Issue price of 755.00 .

Merchant Banker(s) of SBI Cards and Payment Services IPO: Axis Capital Limited , Bofa Securities India Limited , Hsbc Securities & Capital Markets Private limited , Kotak Mahindra Capital Company Limited

SBI Cards and Payment Services IPO subscription was 26.54 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

SBI Cards and Payment Services IPO listed at a listing price of 683.20 against the offer price of 755.00.

The current market price of SBI Cards and Payment Services is 735.20.

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