Tomorrow's listing willl depend more on Nifty and international indices than the Sbi card itself. People cribbing on negative views should know better that investing is a business and it means losses alongside profits
Monday 9.45 am first price will be 645-665 sbi card.. 755-75 {employee discount} -10% market discount {12000 to 9000} 755 - 75 =680 - 10% 68 = 612 around this price 9am to 9.35am one can enter bid 9.45am first opening rate then 10 am normal trading.
You are trying you best to panic retailers.... It may open in low due to people like you... But can not sustain there... as everyone knows the growth potential and wants to add in their portfolio...
@Eagleye #Eagleye i have been allotted one lot in ipo and full money also refunded, The shares in my demat and full amount refunded in my bank account.. Can anyone explain whats this
I got allotted 10 lots i.e. 190 shares in Retail and SH quota.
I will sell half of shares around 1500 after 6 months and will hold remaining half of shares forever for my kids.
Remember, in India only 3% people are having Credit Cards compare to USA 70% and Brazil 50%. So, expecting in next 10 years, 3% marketshare will increase to 30% atleast. then this share price will be 6-10 times from this rate.
Its a game of patience.. everyone wants a piece of sbicard.. But at lower levels due to market conditions... If retailers will able to hold for few days.. It will break 1000..If not then can go below 700 for short term
American market closed 10% up so hope on monday indian market also show more recovery and sbi card listed around 850 t0 890 and move towards 950. hold some quantity for long term also but surely listing on good premium.
If market remain positive while listing this issue will list 5-10% positive and if market remains weak then issue will list around 700-720.... Hold with patience for healthy profit,be realistic corona will hamper market in short run but bull will back with bang in long run.....
SBI Card List with 855++.Retailer don't loose this stock at low price.QIB has put bid for 104525 lacs crore against 1828 cr.HNI surely not sell this stock at discount to cover their funding cost.
Someone please advise.....I still didn't get shares credited in demat account of Finvasia.I mailed to LINKINTIME they said shares already sent to your demat account .I can't see shares in scalpert app of finvasia.Finvasia also not responding in weekends.Advise what to do now??Money debited already.
Hello Ananda thanks for your response but many people here got shares credited in their demat account....Is there anyone having account with finvasia got shares credited?
Hello Boss, Do not get panicked, if you are not able to see the SBI CARDS shares on your demat a/c. Actually, it will be in the background. It will become active only at around 9.30 am on the listing day. So be happy!!! I hope that it will be listed at a minimum of around Rs.850/-. Thankls.