SBI Cards and Payments, which saw investors bet nearly Rs 2 lakh crore during the book building process - which was more than the gross domestic products of nearly 80 countries — may not see a bumper listing as was expected a few days back.
In the unofficial market for unlisted stocks, shares of the company traded in the Rs 830-Rs 855 range on Friday compared with the IPO price of Rs 750-755.
If this is any indication, the stock is looking to debut on the bourses at a premium o ..
Read more at: https://economictimes.indiatimes.com/markets/stocks/news/forget-bumper-listing-for-sbi-card-grey-market-hints-at-low-double-digit-premium/articleshow/74550784.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
@Ashbindass, that was yesterdays aricle link that you posted here above. Please read todays article which states that the GMP is hardly Rs:20/- on SBI Cards. Click on link below:
Link Intime India Pvt. Ltd, Noble Heights, 1st floor, Plot No NH-2, C-1 Block, LSC, Near Savitri Market, Janakpuri, New Delhi - 110058 Tel : 011 - 4141 0592/93/94 Telefax : 011 - 4141 0591
36.4. Cautious ipo Mar 8, 2020 08:57 I Like It. | I Don't Like It. 1 | Report Abuse Top Contributor Top Contributor (200+ Posts, 200+ Likes) SBi fair value 180 rs ....all sbi subsidiaries ex , already merged in sbi and yes bank too bound to merged later
This is true. There is circular on 0258/2020 on NSE which says symbol is SBICARD. It dosent says that listing date will be postponed. But it says listing date will be published through another circular. So we should see another circular for listing date today before end of day.
I applied 2 lots in retail category in each account of 3 family members and 3 lots in 2 accounts under SH category. Got 1 lot in each account under retail and 1 lot in SH category in 1 account. Got 4 lots total. Let's see , How it goes on listing. finger crossed :)