SBI Cards and Payment Services Ltd IPO Message Board (Page 75)

1824. BullOverBear | Link | Bookmark | March 4, 2020 9:52:29 PM

Top Contributor (300+ Posts, 100+ Likes)

So far the IPO subscription figures look good.
57x of QIBs subscription should build-up confidence among those HNI investors who were in dilemma.

As usual HNIs apply on last day, and hope to see good participation from them tomorrow.

P.S. - These interest are being talked about IPO point of view only.

1823. Shah investment | Link | Bookmark | March 4, 2020 9:48:49 PM

Will open at 887rs screen shit le lo

1822. Vithal | Link | Bookmark | March 4, 2020 9:44:40 PM

Can anyone please explain how the allotment through lottery works with any past IPO example.

1821. RAJANS | Link | Bookmark | March 4, 2020 9:23:26 PM

I am getting mail about application is filed but I am not getting UPI mandate message what is the problem can anybody explain please?

1821.1. IPO INFORMAR | Link | Bookmark | March 4, 2020 9:41:47 PM

Top Contributor (300+ Posts, 200+ Likes)

UPI useless,Use bank ASBA

1820. K Srini | Link | Bookmark | March 4, 2020 9:26:47 PM

I have applied one lot under Share Holder category thru SBI ASBA and one lot under retail category. There is not mention of "share holder" in the acknowledgement . Also there is no separate series of application number for the share holder . How do we know whether we have applied under Share holder category ? Pl help .

1819. amit bajaj | Link | Bookmark | March 4, 2020 9:21:05 PM

Sir can I apply my brother's application from my savings account using ASBA ?

1819.1. Ashish Khater | Link | Bookmark | March 4, 2020 9:25:20 PM

IPO Mentor (600+ Posts, 400+ Likes)

Jai Jinendra....Jai Shree Ram

1818. techuser | Link | Bookmark | March 4, 2020 9:24:27 PM

IPO Mentor (500+ Posts, 300+ Likes)

There is so much confusion over the shareholder category allotment, specifically how propotionate allotment works. I would request all experts and team chittorgarh to come forward and clear the confusion with example. Thanks.

1817. amit bajaj | Link | Bookmark | March 4, 2020 9:18:43 PM

Sir kya Apne brother ke liye mein Apne account se apply kar Sakta hun ASBA se ?

1816. papon | Link | Bookmark | March 4, 2020 8:53:16 PM

IPO Mentor (500+ Posts, 500+ Likes)

QIB record broken in such a difficult & week market sentiment. Listing gain will be bumper. So much demand for sbi card. Imagine the subscription figures if market condition would have been good. I told you earlier that shares of sbi card was alloted @ Rs 150 around 2 years back, bumber company bumper growth bumper return.

1815. Sanghvi | Link | Bookmark | March 4, 2020 8:52:03 PM

Sbi card form rate pl?

1814. Jimmy patel | Link | Bookmark | March 4, 2020 8:38:03 PM

Gmp?
Kostak rate ?

Please

1813. ABKIBARNEXTIPOYAR | Link | Bookmark | March 4, 2020 8:33:11 PM

Any one can sugest me. I had applied IPO through sbi ASBA. AND SAME showing in bse india website as application submited
But there is also showing UPI status pending what does the meaning of UPI status is pending?
ASBA Didn't ask me any UPI I'd

1812. DEVIKA CHOPRA | Link | Bookmark | March 4, 2020 7:19:07 PM

Should i apply 4 lac in employee and 2 lac in shareholder or should i apply 5 in employee amd rest in retail because shareholder category is already oversubscribed and it will be allotted proportionately???

1812.1. Tushar j doshi | Link | Bookmark | March 4, 2020 8:24:07 PM

Apply only 1loat for retail , remain fund in employ and share holder quata

1811. Kailash sharma | Link | Bookmark | March 4, 2020 8:18:59 PM

Top Contributor (300 Posts, 100+ Likes)

Don't worry about gmp if market stable it will be list about 1000/ if market in bad mood than 900 rs. but a good portfolio stock dont worry.

1810. GIRDHAR RATHI | Link | Bookmark | March 4, 2020 7:17:06 PM

WHAT GMP PRICE IN GRE MARKET PLS HELP

1810.1. GIRDHAR RATHI | Link | Bookmark | March 4, 2020 7:17:52 PM

RPLY fast

1810.2. ~~SKILLeagle~~ | Link | Bookmark | March 4, 2020 8:15:08 PM

GMP is the premium which will get the stock by the time of lisiting.
fr eg. sbi card 755 offer price upper current gmp is arnd 140 so 755+140 = 895.. so stock will listing somerwhr arnd this level. GMP is not fixed it goes up or down based on subscription demand suppply. business type. etc. few days back gmp was 380 and now 140 crashed bcz of Market has fallen almost 1100 points NIFTY from top. correct me if im wrong

1809. Investingmasti | Link | Bookmark | March 4, 2020 8:15:04 PM

Hey Chittorragh IPO coordinator,,
Could you please tell what does it mean?

"Post Issue Modification on 6th March '2020 from 10.00 am to 11.00 am."

can i increase my application amount or reduce my application during this time. Thanks.

1808. ~~SKILLeagle~~ | Link | Bookmark | March 4, 2020 8:14:28 PM

1807. nehavinodsharma | Link | Bookmark | March 4, 2020 6:52:13 PM

Not an expert just a guess from my side
Sib card may subscribe in
Qib : 70-75x times
Hni : 150-160x times
Rii : 14-15x times
Share holder : 25-27x times
Employee : 6-8x times

Correct me if I am wrong

Load more comments (10 replies)

1807.1. Gagan Agrawal | Link | Bookmark | March 4, 2020 6:54:21 PM

QIB has already been closed at 57.18x

1807.2. ~~Devenblt~~ | Link | Bookmark | March 4, 2020 6:56:09 PM

rii 14-15 times
sir kaha se laoge itne investor

1807.3. nehavinodsharma | Link | Bookmark | March 4, 2020 6:56:26 PM

Oh yes gaganji i almost forgot.

What is your guess on this

1807.4. iponooob | Link | Bookmark | March 4, 2020 6:58:45 PM

Don't have to guess too much

A senior member Eagleeyes has given the market estimates. They are more or less right always

RII = 32.00L Forms = 1.42X Applic. wise (Avg allotment of ~13.37 shares per lot)
NII = 83.00K Crs. = ~59.96X
SH = 30.00K Crs. = ~30.44X

1807.5. AshokIPOB | Link | Bookmark | March 4, 2020 6:58:46 PM

Hi....
Consideriing RII is 15 times subscribed...

Pls tell...hw allotment vll be done.

straight to the point.....I belong to shareholder & RII category with 2L amount in hand..
How i shud apply / divide..to get more number of shares ?

Guy pls....help me to understand...

1807.6. nehavinodsharma | Link | Bookmark | March 4, 2020 7:01:25 PM

To ashok ji i also had 2lakh amount so i applied 12lots in share holder category and 1 lot in rtail category.

1807.7. iponooob | Link | Bookmark | March 4, 2020 7:01:46 PM

@Ashok

No more that 1 application in RII category

Share holder category will subscribe at least 30 times. So no point in applying anything less that 30 lots. Anyway you have funds so you can take a chance by applying remaining money in shareholder category.

1807.8. nehavinodsharma | Link | Bookmark | March 4, 2020 7:02:46 PM

Dear iponoob I really don't know 32lakh forms means and what 83kcrore means so I posted in simple words

1807.9. MITTAL | Link | Bookmark | March 4, 2020 7:03:21 PM

IPO Mentor (700+ Posts, 1200+ Likes)

पहले कैलकुलेटर लेकर रकम का हिसाब लगा लो

1807.10. iponooob | Link | Bookmark | March 4, 2020 7:08:29 PM

@nehavinodsharma

32 lakh forms mean 32 lakh retail individuals (pan cards) will apply at least 1 lot each. RII category has some 22 Lakh lots (not exact and dont quote me on this). So out of 32 L applications 22L will be picked in lottery.

NII applying Rs. 83000 crores means they are bidding 59 times more than that is allocated to The HNI quota (which is around Rs. 1400 crores).

Your guess of 150 times in NII quota means they have to get 2 Lakh crores+ of money (where is that sort of liquidity?)

1807.11. nehavinodsharma | Link | Bookmark | March 4, 2020 7:34:40 PM

Thank you @iponoob for this usefull knowledge i got it now

1807.12. Medge | Link | Bookmark | March 4, 2020 8:11:11 PM

IPO Guru (1300+ Posts, 2000+ Likes)

Keep these numbers with you, if you dont sure , request you pls dont post such a hypocrite ideas.

1806. Raja Ganesh | Link | Bookmark | March 4, 2020 7:13:32 PM

Hi, this is the 1st time I am going to apply thru UPI ID. To apply thru UPI ID, the amount should be available in my bank account linked to the UPI ID & Demat account or the amount should be in the demat account. I checked with my broker, he says that the amount should be available in the demat account. Kindly clarify pls

1806.1. John Wick | Link | Bookmark | March 4, 2020 8:00:41 PM

The amount shoould be in your bank account,
Your Broker is misleading you!!

1805. AakashAgarwal | Link | Bookmark | March 4, 2020 7:42:14 PM

Finally applied one lot in retail after seeing QIB subscription, fingers crossed. Came into lottery system from investing 2 lacs into SH category. Unexpected was saving money to invest here from around 3 months and finally invested 15000. Share market is a funny place to be in.