SBI Cards and Payment Services Ltd IPO Message Board (Page 162)

If I apply from asba sbi netbanking ....and in both retail and shareholder category then it is possible to allot in both category or only one category...pls answer

@Bparth,
Yes, you can get allotment in both the categories if ur lucky enough.

Generally shareholders are allotted on proportionate basis and retailers through lottery, in case of over-subscription.

While trying to open demat ac with zerodha, they ask for IPV through webcam. Any alternative available other than webcam?
Anybody please help.

Fill the kyc form and send it throught post.
If you do the ipv online u will be able to open the account instsntly....by signing it through adhaar

शेयर अप्लाई करने के लिए आप अपने बैंक एकाउंट का प्रयोग करें। शेयर आने के बाद आपको अपने डिमेट मे ट्रांसफर करने पड़ेंगे क्योंकि नाबालिग द्वारा किया गया कोई भी कांट्रेक्ट मान्य नही है।इसलिए कोई भी दलाल नाबालिग का ट्रेडिंग एकाउंट नही खोलता और जब ट्रेडिंग एकाउंट नही है तो बेचेंगे कैसे.

Dear Sirs,

I have bought some SBI shares on 6th Dec.

So, am I eligible to apply in shareholders quota? If not, why?

Pl. reply at your earliest.

Thanks in advance

Yes you will be eligible...

Extract from RHDP - filed on 26.11.2019 - Who are Eligible shareholders to apply SBI Card IPO - "SBI Shareholders Individuals and HUFs who are the public equity shareholders of SBI, being our Promoter (excluding such other persons not eligible under applicable laws, rules, regulations and guidelines and depository receipt holders of SBI) as on the date of the Red Herring Prospectus.

Most of give tentative dates which are so much different .
Someone says come in 20 jan.
Some says 23 dec.
Sebi takes 6 to 8 week for approved drhp
So kindly remove this page and open after drhp approved.
We want only useful information nothing rumors

Agreed... people are so much interested about SBI card like they were waiting for this company to list from decade...page is opened without DRHP approved...
Some child is asking lots of questions with lots of left+right...black+white...etc etc combinations... instead of good discussion lots of timepass going here on this page....

Dear member if i submitted 3 application in retail and 1 application by shareholders by using same pan bank account and demat they accepted or rejected

All application will be rejected.

Pratik, suggest not to try something you are not sure, you will end up only applications getting rejected.

Resp. @Pharo
Yes, you can apply with same net banking, both application are valid...!!
Resp. @Amit K.S.
Please read chittorgarh faq, discussion, maybe clear all..!!
https://www.chittorgarh.com/faq_pg/can-i-apply-in-retail-and-shareholder-quota-for-sbi-card-ipo/1353/

And yes, i agree with you that no need to try something new if have some doubt... But first of all, get clear all doubt, try to know everything about it, and should invest

Dear admin sir
Why this page is open
This tym only drhp filled.
Even no any date final for this ipo
Many members give wrong ideas to investors.
So kindly delete this page .

Open after atleast drhp approved by sebi.
We love this site for giving useful information .
So request you to please delete this page

Dear expert how possible that shareholders category get extra allotment as then as retail

For shareholders category, more shares are available for allotment and also lesser number of applications compared to retail category.

Dear deepcdsl thank u for clerify my all concern please be active in this forum give some suggestions about upcoming ipo for me and other new forum members
God bless u bro

शेयर धारको को अलाटमेंट किस प्रकार किया जाता है
अनुपातिक आधार पर या न्युनतम लोट के आधार पर

Dear deepcdsl someone asked you in usfb ipo page that he applied 13 lots in shareholders catey and 1 lot in retail category and he asked u that both application are accepted or rejected and u answer that accepted another forum person Aditya hujband also give valid but i seen that his application amount is crossed his limit of 200000 lacs so please clarify this concern

Becs in ujjivan there was discount for shareholder quota so 13*14000 in shareholder + 1 * 14800 in retail is not crossing 2 lacs...

In SBI no discount for shareholder so 12 lots in shareholder and 1 lot in retail...

I hope this is clear now...if you have more query then pls take efforts and read few chittotgarh forum pages admin already posted lots of good information in this platform instead of asking so many question in left right combination...

Ujjivan I applied for 400 (1 lots) Shares in SH category, How many can I expect as a ShareHolder.

400.
Provided it's a valid application.

If i buy 3 share of SBI bank on Monday(09-12-2019), Am I eligible to apply in shareholder category?

Even one share would make you eligible for shareholder quota...
Buy before the date of filing of RHP

Eagleye mem
Update us about latest Gmp and kostak price of sbi card ipo

Eagle eye madam
i have apply ujjan ipo with zerodha app which is my wife name but i am use my upi id and then i have apply wife Net banking asba same zerodha also i am apply my netbanking acount with asba sbi cap this account is i have use upi id with my wife zerodha acount
it is valid or not madam please reply me

If lucky then your wife ipo application may will not reject and your application is valid application.

Many time upi fail so it may possible that your both application valid o.w. your wife application will be rejected.

Thanks Rahul popat sir as your view thanks

Dear deepcdsl now i understand that my Shareholders and retail application amount should not exceed then 2 lacs am i right

SBI card Employee quota subscription will give some idea about pricing

Dear Tinkerbell if i submitted in retail with tha amount of 29664 and shareholders category apply 14832 by using same pan / bank account/demet then accepted or rejected sorry for again asking but please give me suggestions

O.k.
Both application are accepted...!!
S.H. and retail, and if you are an employee of sbi then 3rd(in employee catagory) also accepted..!!
For being shareholder, keep atleast 1 share in your Demate account before filling R.H.P. date..!!
Share must be shown in your depository ac(cdsl,nsdl)

And as per my opinion
You should apply 1 lot in retail catagory
And all your excess amount in shareholder catagory... Because i think that there are more cahnce to get some xtra share allotment in sh catagory..!!

Do other way...apply two lots application in shareholder and 1 lot application in retail...
If you need more allotment then apply 12 lots application in shareholder and 1 lot application in retail...

Above two applications are valid...

शेयर धारको को अलाटमेंट किस प्रकार किया जाता है
अनुपातिक आधार पर या न्युनतम लोट के आधार पर

SBI Cards IPO - Schedule *(Tentative)*

15th Jan - Announcement of Price Band
17th Jan - Anchor Investors Allotment
20th Jan - Offer Opens
22nd Jan - Offer Closes
27th Jan - Finalisation of Basis of Allotment
28th Jan - Unblocking of ASBA Accounts
29th Jan - Credit of Equity Shares to Depository Accounts
30th Jan - Commencement of Trading (Target is to List before Budget date)


SBI Cards IPO - Issue Information *(Tentative)*

Issue Opens on: 20 January 2020
Issue Closes on: 22 January 2020
Issue Type: Book Built Issue IPO
Issue Size: 13,86,17,412 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.615 - Rs.618 per Share *(Tentative)* (Revised)
Discount: Rs.18/- (for Employees)
Market Lot: 24 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 93,23,34,278 Shares
Employee Reservation of 18,64,669 Shares @600/- = Rs.111.88Crs (after discount of ~3%)
SBI Shareholders Reservation of 1,30,52,680 Shares @618/- = Rs.806.66 Crs (Discount - NIL)
Net Offer for Sale of 11,56,09,449 @618/- = Rs.7144.66Crs
Fresh Issue of 80,90,614 @618/- = Rs.500.00Crs
Equity Shares outstanding after the Issue = 94,04,24,892 Shares

Category-wise Break up:
Anchor - 3,71,10,019 Shares = 2,293.40Crs
QIB - 2,47,40,012 Shares = 1,528.93Crs
NII - 1,85,55,010 Shares = 1,146.70Crs
RII - 4,32,95,022 Shares = 2,675.63Crs (Lot size: 24 = 18,03,959 Forms)
SBI Shareholders - 1,30,52,680 Shares = 806.66Crs
Empl. Quota - 18,64,669 Shares = 111.88Crs (@600 per Share)
Total Issue - 13,86,17,412 Shares = 8563.20Crs.

Subscription required for 1X
RII = 18,03,959 Forms
NII = 1,146.70Crs


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 = 80.0K Crs. = ~69.77X

Interest cost @9.00%p.a. for 7days = 106.67paise for 1X

Thus, for NII the costing = 69.77 X 106.67paise = Rs.74.42 per share (= GMP)

And, for RII the costing = 14.43 X 74.42 = Rs. ~1218/- (= Kostak)


SBI Cards IPO - Financial Information (Basis of Valuation)

EPS for FY16-17 >>> Rs.4.75 (Page #93 of DRHP)
EPS for FY17-18 >>> Rs.7.40 (Page #93 of DRHP)
EPS for FY18-19 >>> Rs.9.43 (Page #93 of DRHP)
EPS for H119-20 >>> Rs.7.79 (Page #93 of DRHP)

RoNW for FY16-17 >>> 26.00% (Page #94 of DRHP)
RoNW for FY17-18 >>> 25.00% (Page #94 of DRHP)
RoNW for FY18-19 >>> 24.00% (Page #94 of DRHP)
RoNW for H119-20 >>> 17.00% (Page #94 of DRHP)

NAV as on September 30, 2019 was Rs.46.99 (Page #94 of DRHP)

Listed Industry Peer Group (Page #94 of DRHP): NONE

@shani
Yes valid, you can apply in both categories...both application sum amount should not cross 2 lacs...

@deepcdsl.. Thanks for your revert