SBI Cards and Payment Services Ltd IPO Message Board (Page 113)

Glimpse of 2008 seeing?
Mega ipo
Buzz in the market
High gmp
High kostak
Everyone run behind Rpwr ipo
*
Market crashed
Poor listing
(Sbicpl is far far better than Rpwr )

GMP can fall frm 330 to 200.... Soon

Poor comparison

On its return from Wuhan, Indian Air Force flight has brought back 76 Indians & 36 nationals from 7 countries- Bangladesh, Myanmar, Maldives, China, South Africa, USA & Madagascar. Appreciate facilitation by Chinese Government," said the external affairs minister in a tweet.


WHY ARE WE BRING OTHER NATIONS CITIZEN IN INDIA...... NO OTHER COUNTRY WILL DO SO.... DO INDIA WANTS CORONA VIRUS TO SPREAD ON INDIAN SOIL.??
US ANY MANY OTHER EU COUNTRIES ARE NOT ALLOWING ANY OTHER NATIONALITY CITIZEN TO ENTRE WHICH ARE TRAVELING FROM WUHAN.... WHEREAS INDIA FACILITATES SUCH SUICIDE ARRANGEMENTS AND PUTS ENTIRE INDIAN PUBLIC IN DANGER.

@Sharvam
We are humans.
That too indias has more humanity we can't compare with other countries. Help others too when they are in trouble. In terms of corona it is not effect and not spread as of now because in india weather it is not servive that virus.5hink and look many effected people came to india when the virus started as of now how may died people there? Those who went to those city for those only effected . Not new people india

My dear friend @Paymzia,
India is a densely populated country, once it spreads it is extremely difficult to control with kind of poor health system in place.
India can't put strict quarantine lock down of cities just like china did.
PREVENTION IS BETTER THAN CURE.

If I apply for 3 lots from my two family members account than how much lots possibility of getting ?

Depends upon subscription

Is it compulsory to pay through UPI for both share holder quota and retailer quota

No you can apply through ASBA, as well as net banking also

Nothing wrong with applying 5 applications from likes of SBI netbanking.
I always apply that way even recently in ujjivanSFB and got allotment.
Please dont spread false news.
3rd party rejection is only when you apply using UPI.

@john

Yes, she is.
But what is the context here with SBI ipo?

Yes...till date i also used to apply thru SBI -5 applications @ ASBA.
No rejections at all.

I have one question:
when I fill application with my wife's demate account and using my upi. It will accepted or not?

Not accept

yes even my dad had applied rpower in all family members....all this rpower i sold 2 year ago at 45....even 2 year ago dad told me to not sell it, but i flused it out....haha.

SBI Cards is excellent company.....rpower was crap.....its like comparing hindustan unliver with patanjali.............so sbi card is brand and it products penetrate niche market.....excellent company...no doubt about it.....but market condition is concern for short term as corono is spreading and it needs to be stabilise....if sbi card can lower it price around 600 or 650 then retailer will get confidence and they will be in comfort zone to apply with full force, irrespective of market condition..

@amit ji
Yes short term pain but timing not favourable for sbicpl,also
Today we can say that Rpwr was a crap but remember?20-30day before ipo?? It ws sheer madness

carlyle group buy 26% stake of sbi card in 2000 carore in 2017 means valuation of sbi card in 2017 is 8000 carore now in 2020 its 70000 carore and after listing 100000 lk carore so making public fool

plz tell me that is it good nd safe to sell application in grey market or not to sell for both retail nd shareholder category ? ( 19 shares )

Guys, Just trying to make myself sure and clear any confusion....

These are three ways tha we can apply.
1) Retail[RII] < 2Lacs [some amount of shares are reserved]
2) Shareholders <2Lacs [some amount of shares are reserved]
3) Shareholders >2Lacs
4) Non-Shareholders >2 Lacs [out of our discussion for now]

Ignoring 4, these are the following ways that one can apply [by generally the people visiting this forum]
Case A==> 1 [RII]
Case B==> 2[SH]
Case C==> 1+2[RII+SH]
Case D==> 3

But remember that the minute one chooses Case D, all the rest of the A/B/C cases are out of bounds for you because it will be treated as multiple applications and liable to be rejected.

So this is the status as of now. If one wants to apply for >2Lacs, then there is no way they can apply for retail and retail+Share holders quota.

So, if u r willing to let go of the retail quota which is reserved and has a minimum one bid for sure allocation, u can go for >2Lacs[but remember that this is proportional allotment, not minimum one lot; meaning u can get just one or two or three shares depending upon the subscription]

I am open for corrections if any.

Also remember that I havent covered all cases here... Just for the basic applicants.....

Anybody received email for shareholder category from registrar

No mail received till date. SBI is in my portfolio since Feb 2015, bought at @150 per share

Sbi ipo me 1 lot retail & 13 lot share holder categori me same pan card se apply kar sakte he? Any one plz suggest.

Yes we can do it.

Hope market stabilise soon around 11400 to 11500.......if panic button is on, then i doubt retail quota will be heavily undersubscribed.....bcoz this corono situation is not under anyone control....now index has fallen only 5%.....past experiance shows that market crash by10 to 12%....8 % is Min....15% is max.....so even if we discount 10% then 11000 is likely to breach....for the time bieng it is wait n watch......hope it stabilises near 11500 and crono do not spread more.

What is the justification for Rs 300+ GMP for such a fully priced ipo? In the current market conditions, who will buy 5000+ crores worth of free floating stocks on listing day? Definitely it will fall on the listing day. Just like ITI, dont subscribe to it until they lower the price and leave something to investors.

HDFC AMC , HDFC LIFE & OTHER PVT INSURANCE COMPANIES ,RNAM and many other ,Check global peers pe ratio . u will exit stock market immediately

@retail
Well said .

@ kishore s
Don't compare with other companies in global way. Compare indian companies.
Those markets are peak with cards. Every one has more than 3 cards. But in indian market as of now every is not with atleast one card . Lot of lot potential to grow.
Sbi card in future NIFTY stock.

Hi,
I have 3 sbi bank shares in sbi demat account.
I want to apply 1 application from sbi demat account under shareholders category and 1 application from zerodha under retail category.
Will both my application be accepted??

You can apply even in sbi account both applications since category will get changed

Hi,
How to apply through SBI Shareholders Reservation category?

If market continueto fall u will get as much qty u want in retail itself. leave SH quota for HNI

What is the gmp and kostak rates in different cities / towns.

Application rate 4300

What will be retail portion in value..

Thanks Mittalji