SBI Cards and Payment Services Ltd IPO Message Board (Page 134)

THOSE who have Dmart shares below Rs 1900 price Hold it
stop loss Rs 2051 ( QIB price) , if it breaks Rs 2051 then Rs 1900or Rs 1850 but you have to try every day when it goes below Rs 2050 , ( the price will be for seconds only , then go up )
appling in OFS is not advisable at Rs 2316 cut off price
how ever take advice of expert before investing
THOSE who have sold old share above 2500 can think in applying in OFS

Dmart Shares will not be allotted less than 2300, discovered price will be between 2300 and 2350, i would avoid the OFS in this case

Can anyone please share views on the "Godrej Agrovat", I am holding 50 shares at 590. Today, it was almost 7% down....!!

Thank you @AhireR

Where to apply for Avenue Supermart OFS? No details available on ABA. Where and How to apply for this OFS?

@Rohit
U can ask your broker to place bid on ur behalf..U will first need to add funds to ur demat account for the required amount of bid.

I am holding 20 share of SBI.
Now, am I applied for 1 or 2 lot in share holder quata or Thier is some proportion?

No Quota or Propositional entitlement. Allotment depends on No of shares applied.

Please open new page for OFS of Avenue Supermart.

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As of 31 Dec, DMart had 196 stores with a retail floor space of 7 million sq. ft across 72 cities.
As of 31 Dec, DMart had 196 stores with a retail floor space of 7 million sq. ft across 72 cities.
DMart promoters to sell shares via OFS
2 min read . Updated: 13 Feb 2020, 09:19 PM IST
Swaraj Singh Dhanjal
The Damanis will offload up to a 2.28% stake for up to $426 million
The promoter stake sale is an extension of the QIP offering launched by the retailer on 5 Feb

Topics
DMartAvenue Supermarts
MUMBAI : Avenue Supermarts Ltd, which runs the supermarket chain DMart, on Thursday said its promoters will sell up to a 2.28% stake through an offer for sale (OFS) that will fetch as much as Rs 3,032.5 crore ($426 million).

Promoters Radhakishan Damani, Gopikishan Damani, Shrikantadevi Damani and Kirandevi Damani will offload a total of 14.8 million shares through the share sale, Avenue Supermarts said in a regulatory filing. The shares will be sold at a floor price of Rs 2,049, a 19.5% discount to the closing price of Rs 2,544.15 on Thursday.

The OFS will open on Friday for institutional investors, while retail investors will be able to subscribe on Monday.

i know In shareholder category Maximum Limit Rs. 2Lac For RII CATEGORY
Question : How Much lots apply in sahre holder category for maximum allotment & best Fund utilisiation ( Please advice that If i apply for 1 lot Or More Lot Alloted me 1 lot surely or proportional to apply Qty/Lot )

You can apply any amount in this category . there is no sense to buy share because there is no retail quota please read prospect ...

sab log apni apni tentative dates de rahe hai.jaise ye ipo ye hi log decide karenge ki kab aayega

SBI Cards IPO - Schedule *(Tentative)* *(Latest update)*

*(Serious efforts at the highest levels are being made to open the IPO within February)*

25th Feb - Announcement of Price Band
27th Feb - Anchor Investors Allotment
28th Feb - Offer Opens
03rd Mar - Offer Closes
06th Mar - Finalisation of Basis of Allotment
09th Mar - Unblocking of ASBA Accounts
11th Mar - Credit of Equity Shares to Depository Accounts
12th Mar - Commencement of Trading on NSE/BSE


SBI Cards IPO - Issue Information *(Tentative)*

Issue Opens on: 28 February 2020
Issue Closes on: 03 March 2020
Issue Type: Book Built Issue IPO
Issue Size: 13,72,83,555 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.730 - Rs.740 per Share *(Tentative)*
Discount: Rs.10/- (for Employees)
Market Lot: 20 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 93,23,34,278 Shares
Employee Reservation of 18,64,669 Shares @730/- = Rs.136.12Crs (after discount of Rs.10/-)
SBI Shareholders Reservation of 1,30,52,680 Shares @740/- = Rs.965.90 Crs (Discount - NIL)
Net Offer for Sale of 11,56,09,450 @740/- = Rs.9,055.10Crs
Fresh Issue of 67,56,756 @740/- = Rs.500.00Crs
Equity Shares outstanding after the Issue = 93,90,91,034 Shares

Category-wise Break up:
Anchor - 3,67,09,862 Shares = 2,716.53Crs
QIB - 2,44,73,241 Shares = 1,811.02Crs
NII - 1,83,54,931 Shares = 1,358.26Crs
RII - 4,28,28,172 Shares = 3,169.28Crs (Lot size: 20 = 21,41,409 Forms)
SBI Shareholders - 1,30,52,680 Shares = 965.90Crs
Empl. Quota - 18,64,669 Shares = 136.12Crs (@730 per Share)
Total Issue - 13,72,83,555 Shares = 10,157.12Crs.

Subscription required for 1X
RII = 21,41,409 Forms
NII = 1,358.26.90Crs
SH = 965.90Crs

I have SBI bonds. Can I apply in shareholders category

No

Dear All,

SBI Card IPO is Best for Long Term Investment.

Also, Best IPO in History.

Thanks

Best ipo in history? We will accept it only if it beats irctc returns within 5 months of listing..

Dear All,

We found (Tentative) date. please read carefully. This is only tentative date not confirmation.

Issue Name : SBI Cards and Payment Services
Open Date : 04-03-20 (Tentative)
Close Date : 06-03-20 (Tentative)
market Lot : 21 Shared (Likely)

Price Band will be announced On 28th February.

For More Information Visit : https://www.smartinvestment.in/

Thank You.

SBI CARDS
Issue Price 690-700 (tentative)
GMP 300-305????????

Dear IPO, can u plz let me know the rhp filing date for sbicards ipo (want to buy sbin shares so that I can apply in shareholder quota).

Thanks
Johnson

You can buy 1 share right now. I don't think that the Date of filing the RHP will be declared in advance. It will be known only after filing of RHP.

You can buy SBI share right now. I don't think that there will be advance announcement of date of filing RHP. So it will be known only after filing of RHP.

NCDEX files DRHP for Rs 500 crore IPO; third bourse to hit D-Street...

NCDEX is better platform than MCX on agri commodity aspect. MCX and BSE are the two peers at present. Market is expecting NSE too by this year.

Yes ...

Dear IPO Guru,
I am using my Saving Account in SBI and one Demat account in ICICI Bank for all previous IPO's. My query is CAN I APPLY FROM THIS SOLO SAVINGS ACCOUNT FOR BOTH THE RETAIL AND THE SHAREHOLDERS CATEGORY THROUGH ASBA. I WOULD BE APPLYING FOR 1 LOT EACH UNDER BOTH CATEGORY . LET ME KNOW IF BOTH THE APPLICATION WILL BE CONSIDERED VALID OR NOT.

Dear Ankur Goel,

I am having Demat account is icici securities only ( 3 in 1 Account ASBA),

My doubt is , shall i allocate 2 lots amount and will apply in Retail ( 1 lot ) as well as Share holder catg. (1 lot )..My application will be valid or rejected..pls clarify

Thanks

@ags, it is valid. Allocate money for 2 lots in icicidirect. Apply 1 lot under retail and another lot under sh category. Simple...

Hi Experts , i have very basic question . Why i bank should bring an IPO for cards , should nt this be part of core business of SBI. Its like bringing IPO of SBI other fees , SBI SMS fees and so on. i agree Bank can bring IPO for AMC , Life insurance , General insurance , Small or Micro finance.

Would be great if you can clear by doubt. Also there is no doubt this would be one great IPO.

SBI cards is a subsidiary of SBI. like the ipo of SBI Life, The bank is again coming with this IPO for market valuation of its subsidiary company. this will only improve the valuation of SBI in long run and appreciates share price of SBI.

National Commodity and Derivatives Exchange Limited (NCDEX) has filed its offer document with markets regulator Sebi for an initial public offering to raise about Rs 500 crore

If I add SBI share by today can I eligible into share holder category?

Even I want to know if I buy SBI shares now will I be eligible for SBI cards shares application

If not eligible your broker age loss to you.
If eligible you can get profit when you allotment get.
Why you doubt for 400 rs investment?