SBI Cards and Payment Services Ltd IPO Message Board (Page 146)

Shar holder portion me apply via bank me physical form se submit kar sakte he kya or via compulsory online net banking or UPI ?????????????????????????????????????????????????????????????????????????????????????????????????????

Retail investors seems very hungry for ipo here....zomato should make arrangements for them ..... with ipo dish too ????

Can I apply in both shareholder as well as retail quota from sbi netbanking or only one apply from netbanking

Yes you can apply both using sbi netbanking but total amount should not exceed two lakh

In RII Max Amount is 2lk but you will got 0 or only 1 lot on lottery basis, but in SH Qouta you Apply for maximum Amount

Apeejay Surrendra Park Hotels has filed draft papers with markets regulator Sebi for its proposed initial public offering to raise up to Rs 1,000 crore. The IPO comprises a fresh issue of up to Rs 400 crore and an offer-for-sale (OFS) of up to Rs 600 crore

madam what about sbi ipo open date

It's depends on sebi's approval....

*SBI Cards IPO*

*Open: 20/01/2020*
*Close : 22/01/2020*
Price: Rs 615 - Rs 618

*Lot Size: Min. 24 Shares*

*Minimum Amount: Rs 14832*

*Basis of Allotment: 27-January-2020*

*Refunds: 28-January-2020*

*Credit to Demat A/c.:*
*29 /01/2020*

*Listing Date: 30-January-2020*

अभी कहीं पर तिथि निश्चित नही है। मात्र डाटा cut paste करने से क्या फायदा ?

I am having one demat account. Is it good to sell the ipo in the grey market ?.or will get the fix allotment?.

When is the IPO of SBI ??

what is your view on prince pipes now? you were promoting a lot !!!
how much you got under the table from Chheda?

अब जाने भी दो
रात गई ,बात गई।
अभी बच्चा है ,समझ जाएगा । IPO हीरो नही चलाता, मार्केट को ओपरेटर चलाता है।

https://www.moneycontrol.com/news/business/markets/over-rs-30000-cr-worth-of-ipos-likely-in-2020-sbi-cards-uti-amc-among-key-names-4778571.html/amp

@AnkurGoel
please check below link for more details, i got to knew prostocks from this link :)

https://www.chittorgarh.com/article/minor_demat_account_minor_trading_account/175/

@Medge sir Sbi not allowed to issue cheque book minor,

@AnkurGoel Sir,
Prostocks would be good choice then.

@Ankush
You can ask prostocks about alternative payment option.

my son demat account in prstock and my demat account is sbi cap. if i have use my bank account and apply sbi card ipo my son demat accoynt and also my demat account it is valid please guide me

@Medge sir i have open my son sbi netbanking account but there are not allow trancation of money so it is possible i have apply both account with my bank acount. i am give my pan and aadhar to open my son demat account as a guardian

@Ankush
Yes you can apply using ur own sbi netbaning , as sbi already allowing upto 5 applications,
Make sure while adding IPO applicant in your sbi net banking you provide your son name, his demat account number and his PAN.

While applying you can select his name and apply like you must already applying on your own name.

SBI Cards IPO

Open: 20/01/2020
Close : 22/01/2020
Price: Rs 615 - Rs 618

Lot Size: Min. 24 Shares

Minimum Amount: Rs 14832

Basis of Allotment: 27-January-2020

Refunds: 28-January-2020

Credit to Demat A/c.:
29 /01/2020

Listing Date: 30-January-2020

Share holder quota bhi nahi hai

Bhai tu free me hi Lele shares

Upcoming IPOs in 2020
Equitas Small Finance Bank
UTI AMC
Burger King India
SBI Cards
HDFC Fin Services
Mazagon Dock Shipbuilders
National Stock Exchange
IREDA
RailTel
EaseMyTrip

Hi. I have some questions related to SBI Cards IPO. Please help.

1. Which Stock Exchange Type Share I should buy of SBI to be eligible for the Shareholding Category Quota for SBI Cards IPO? (NSE / BSE)

2. How many Share I have to buy for the Shareholding Category?

3. Last Date of buying Share of SBI for the Shareholding Category?

4. Where is this mentioned in the Draft PDF about the Shareholding Category and all the details about it?

Thanks.

@AkshayJ
seems like you have very poor knowledge about IPO, do some google about IPO process
1) while applying for IPO online, exchange (BSE/NSE) does not make any sense because you are not doing trading of any shares. So you can apply IPO without worry about exchange, bank or your broker will take care to which exchange your application submit as per their convenience.
In case you are downloading offline form then download from NSE or BSE website as per your choice, SBI card IPO going to list on both exchange
2) if you have 1 SBI share or 1000 SBI shares you still have equal chance. you its your choice how many shares you need to buy of SBI.
3)Instead of calling as platform call as broker, all broker application have similar chance of allotment, for overall demat + trading account any discount broker is ok, in terms of trading features zerodha is good, becase using zerodha account you can apply to IPO online using payment method as UPI.

when you submit application via zerodha using your UPI id, you will get mandate request, you have to approve that request before expiry time (expiry time usually 12 PM on next day of IPO closed date),
Once you approve request then your amount will be blocked.
Once your allotment is confirm then only amount will be debited.
if no allotment then your amount will be release.

Below anyone UPI app you can use to submit IPO application, as per NPCI guidelines.

1 BHIM (android & iOS) @upi
2 BHIM Axis Pay (only android) @axisbank
3 BHIM SBIPay (only android) @sbi
4 Citi Mobile (android & iOS) @citi & @citigold
5 Google Pay (android & iOS) @okhdfcbank
6 HSBC Simply Pay (android & iOS) @hsbc
7 iMobile by ICICI Bank (android users) @icici
8 Phone-Pe (android & iOS) @ybl

Sbicpl gmp action
Kostak 2800-3000
Subject to ..4000
Gmp 220-230
It looks oversubscribe by 1.75×
In retail

SBI Cards IPO

Open: 20/01/2020
Close : 22/01/2020
Price: Rs 615 - Rs 618

Lot Size: Min. 24 Shares

Minimum Amount: Rs 14832

Basis of Allotment: 27-January-2020

Refunds: 28-January-2020

Credit to Demat A/c.:
29 /01/2020

Listing Date: 30-January-2020

SBI Cards IPO - *Market's Current Estimates of oversubscription*:

RII = 30.00L Forms = 1.66X Applic. wise (Avg allotment of ~14.43 shares per lot)
NII = 220K Crs. = ~191.85X
SH = 155K Crs. = ~192.15X

Interest cost *@11.00%p.a.* for 7days = 130.37paise for 1X

Thus, for NII the costing = 191.85 X 130.37paise = Rs.250.13 per share (= GMP)

And, for RII the costing = 14.43 X 250.13 = Rs. ~3610/- (= Kostak)

Thus, for SH the costing = 192.15 X 130.37paise = Rs.250.51 per share (= GMP)

SBI Cards IPO - *GMP Estimated*
GMP 250 +/- 1
Kostak 3600/- +/- 50



SBI Cards IPO - *Breakeven / Justification of the current GMP*

Assuming:

1)      The issue size to be of *Rs.8,500 Crs*
And
2)      A stupendous demand for leverage, will allow the NBFCs to make hay while the sun shines, and giving them the opportunity to charge a higher rate of interest of *11%pa for 7 days*


In that case:

A)      The NII category size will be Rs.1,147Cr and the interest cost will be *Rs.250/-* ... only if NII category receives appllications worth approximately *Rs.2.20L Crs.*

Additionally,

B)      The SBI Shareholder category size will be Rs.807Cr. and the interest cost will be *Rs.250/-* ... only if SBI Shareholder category receives appllications worth approximately *Rs.1.55L Crs.*


To my mind these numbers look insane, and hence the current GMP of Rs.250/- beats all sense of logic from this point of view.

However, the collective wisdom of the market is supreme. Hence, shall be interesting to watch how the Grey Market Premium moves over the next 6 weeks


SBI Cards IPO - * Beneficiaries of the IPO proceeds*


Fresh Issue is to Rs.500Crs. (Money to be received by SBI Cards and Payment Services)

And the Offer for Sale is of 130,526,798 Equity Shares

Out of which:
A)      SBI is selling 37,293,371 Equity Shares (Money to be received by SBI Bank)
B)      CA ROVER HOLDINGS is selling 93,233,427 Equity Shares (Money to be received by an entity ultimately controlled by the Carlyle group)

So it is definitely not an IPO by the Government of India. However, please note the *largest beneficiary of the proceeds of this IPO will be an American Private Equity Fund*.

Now give a moment to introspect, would a capitalist fund manager leave an *unreasonable* amount on the table for the IPO investors?

If the SH cross 192 then its tough allotment to SH who just buy 1 share for become eligible.

Hi,

GIC, NIACL, NHPC these were all GOI IPOs. Investors will never get their IPO price in their lifetime.

This message has been removed by a moderator.

Hi...,

Can some one confirm, Bajaj Energy - IPO -- Parent company.

Thx

Bajaj Hindustan

There are worth Rs 800 cr shares reserved for share holder category. Can anyone guess how many times (application wise) will SH category be oversubscribed? I guess SH category will be undersubscribed in application wise (like ujjivan-small-bank-ipo)

1. Who is parent company of Bajaj Energy LTD. coming with IPO shortly. 2 As RHDP is already approved (I understand) whether I can still by parent company shares to b eligible to apply under SH quota. 3. Whether the financials of the company is better to consider apply the IPO. Please guide.

All companies don't come with share holders quota & all companies don't have parents . Read DRHP if there is share holders quota, if so than there should be mention of parent company

*SBI Cards IPO*

*Open: 20/01/2020*
*Close : 22/01/2020*
Price: Rs 615 - Rs 618

*Lot Size: Min. 24 Shares*

*Minimum Amount: Rs 14832*

*Basis of Allotment: 27-January-2020*

*Refunds: 28-January-2020*

*Credit to Demat A/c.:*
*29 /01/2020*

*Listing Date: 30-January-2020*