SBI Cards and Payment Services Ltd IPO Message Board (Page 91)

(SBI Cards and Payment Services Limited)
Qualified Institutional Buyers (QIBs)       0.001
Non Institutional Investors(NII)        0.2114
Retail Individual Investors (RIIs)        0.9241
Employee Reserved        0.822
Reservation Portion Shareholder        1.0324
Total        0.5801

Shareholder reached 100%

THE RHP as well as news paper advertisement clearly mentioned that the ASBA Bank account and Demat account have the same PAN number. Therefore please file application for the same PAN number only.

Gmp 130 , no buyer for appy

Can I apply 4 different Demat account through SBI net banking ASBA

I HAVE 4 DMAT ACCOUNT AND I HAVE PNB INTERNET BANKING.CAN I FILE 4 APPLICATION FROM ONE BANK

4 different persons demat accounts?

@paymzia yes

what happens in case QIB UNDERSUBSCRIBE???

Dont worry it will not , just wait for last day ( I.e 5th march 2020 ) if will be oversubscribed

If it does not ..then others will get full allotement

Chances of higher allotment in Retail category will improve.

I applied 1 lot in retail quota. Further is it worthful if I apply 13 lot in SH

3 IPO got approval from SEBI
1. Equitas Small Finanace Bank
2. IRFC
3. Home First Fianance

Applied in RII [1 lot] and SH [13 lots] categories both in my demat account through my SBI saving account and my wife's demat account through the linked joint account in Axis Bank. All the 4 transactions went smoothly in ASBA. Amounts are kept in lien in both the accounts.

Lot of confusion is there in Grey and IPO market in relation to SBI CArds IPO.

At one time IPO commanded grey market premium of Rs. 400 and then along with weakness in the Secondary market and particularly with 2 coronavirus cases in USA the sentiment is disturbed and now with 2 cases in India itself, the mood has turned fearful and till the listing on 16th March, huge ups and downs in the Nifty, Sensex and Dow Jones index is possible and it will definitely impact oversubscription of SBI Cards IPO

1) one thing is 100% sure that if you are long term investor and wish to retain these shares for next few months, you will earn blockbuster returns like IRCTC etc.
2 ) However, if you are of Bhajiya Kau type and wants to earn quick bucks on listing or from Grey market, the situation is fluid. Here I have tried to access various alternatives.

a) There is rumour in the market that all the grey market transactions will be cancelled since the operators are in great loss.
Ans : I believe, it is next to impossible. Yes, in some of the earlier issues, it has happened that the operator avoided their commitment. But they were small IPOs and such thing is not possible in extra large IPO like SBI CArds where from first day, huge fancy was created. and shares in large quantities have been sold from the premium of Rs 250 to 400 and now a game plan is expected whereby they cover those SOL shares at lower price from Retail applicants and with the strategy of reducing GMP so that NIIs apply in less quantities.

Understand a situation : if the GMP is low and there is fear of negative listing like Reliance power, many of the NIIs will avoid the IPO due to fear of negative listing or less return. So the operator gang will apply with full force, get more share in NII allotment and square off their SALE positions. This seems to be LOGICAL game plan of the Grey market operator at this juncture and they have got support from the Secondary markets due to corona virus and around 14 days left till Listing.
So lots of fluctuation is feared in the grey market and Application rates and GMP are expected to remain low to bring in lower oversubscription.

Listing Situation : In spite of low GMP and application rates, listing may not come lower. The scrip will have tremendous fancy on listing from FIIs and DIIS, so there are all chances that listing will be excellent, putting aside all negative views related to GMP.
All are confident that this IPO will bring in unseen returns after few months, so huge buying on listing is SURE event ( unless secondary market is deeply hurt due to VIRUS)

what about the applications that they have bought at higher rates ? How would they square of those position ?

Irrespective of confusion and fear in mrkt over coronovirus, best strategy for retail is to wait till last date.....see qib figures....if it is oversubscribed by min 30 times, then go for minimum 1 lot irrespetive of market condition....just hold for mid term for handsome return........if qib avoids, so retail can avoid and by in mrkt after listing near 600 levels...if qib and hni pumps and figures is between 30 to 50% then minimum 100-150 gmp will previal even if situation is unstable.....so just wait for last day, apply at 1 pm, where clearity will be there..

If people dont have below options to apply in this IPO but wanted to to apply in anyhow

- Own UPI ID
- Netbanking ASBA of own Bank account
- Dont know where to submit physical ASBA application in Bank

Just apply using third party netbanking ASBA from your friends relatives netbanking ASBA, Below Banks allows third party applications

- SBI
- AXIS
- RBL
- BOB

Accepting third party application its Registrar call (Linkintime), no one sure about are they valid or invalid, but at least whoever want to participate at least they can take a chance.

application already submitted .

RBL Does Not Allowed Third Party Application, Do not apply from RBL

Equitas Small Finance Bank IPO approved by SEBI

Total No.of Application Approx : ~ 1214554
Retail Subscription on the basis of Apps : 0.54 x something big will happand? if mrk not recover. everywhere sauda candle news. but i dont think so it will happand

what si the GMP now because market coming down and SBI share price also go down

THE MOST RELIABLE
List of Mainboard IPOs IN THE PIPELINE
(Status as on 28th February 2020)

A) DRHP Filed - SEBI Approval *Awaited*:

1) Barbeque Nation Hospitality >>> DRHP date 17-Feb-20
2) National Commodity & Derivatives Exchange >>> DRHP date 12-Feb-20
3) Stove Kraft >>> DRHP date 03-Feb-20
4) Likhitha Infrastructure >>> DRHP date 13-Jan-20
5) Computer Age Management Services >>> DRHP date 09-Jan-20
6) Esaf Small Finance Bank >>> DRHP date 06-Jan-20
7) Apeejay Surrendra Park Hotels >>> DRHP date 31-Dec-19
8) UTI Asset Management Company >>> DRHP date 18-Dec-19

B) SEBI Approval *Received* *(within the past 5 months)*:

1) Equitas Small Finance Bank >>> SEBI Approval 28-Feb-20
2) Indian Railway Finance Corporation >>> SEBI Approval 25-Feb-20
3) Home First Finance Company India >>> SEBI Approval 25-Feb-20
4) Rossari Biotech >>> SEBI Approval 20-Feb-20
5) Mukesh Trends Lifestyle >>> SEBI Approval 14-Feb-20
6) Easy Trip Planners >>> SEBI Approval 31-Jan-20
7) Puranik Builders >>> SEBI Approval 31-Jan-20
8) Montecarlo >>> SEBI Approval 28-Jan-20
9) Chemcon Speciality Chemicals >>> SEBI Approval 28-Jan-20
10) Burger King India >>> SEBI Approval 24-Jan-20
11) Shri Bajrang Power and Ispat >>> SEBI Approval 17-Jan-20
12) Route Mobile >>> SEBI Approval 24-Dec-19
13) Mazagaon Dock Shipbuilders >>> SEBI Approval 13-Dec-19
14) Samhi Hotels >>> SEBI Approval 29-Nov-19

C) SEBI Approval *Received* *(>5 months ago)*:

15) Indian Renewable Energy Development Agency >>> SEBI Approval 27-Sep-19
16) Shyam Steel Industries >>> SEBI Approval 20-Sep-19
17) Bajaj Energy >>> SEBI Approval 30-Aug-19
18) Angel Broking >>> SEBI Approval 26-July-19

D) SEBI Approval *Received* *(>8 months ago)*:

19) Annai Infra Developers >>> SEBI Approval 12-July-19
20) Satyasai Pressure Vessels >>> SEBI Approval 21-June-19
21) Powerica >>> SEBI Approval 07-June-19
22) Penna Cement Industries >>> SEBI Approval 31-May-19
23) Shriram Properties >>> SEBI Approval 09-Apr-19
24) T & T Infra >>> SEBI Approval 22-Mar-19
25) Coldex >>> SEBI Approval 15-Mar-19
26) Senco Gold >>> SEBI Approval 06-Mar-19

@MAPatel : She will give only positive review if any. If there is doubt in IPO then will not speak anything even after many request.

मैडम जी ,कोई अपनी सलाह दिजिये। यह आप पहले भी कई बार पोस्ट कर चुकी हैं

GMP
124-129

Applied 20 lots in Share holder category. How can i check Application status(Submited or not) in BSE/NSE? Some experts please help!

RII Application =1186356

mere pas pnb ki internet banking h,or 4 demat account h.
ky me pnb asba se 4application lga skta hu.same bank se 4 application?

Does it make any sense to apply for more than 1 lot in Shareholder category even if it is going to be oversubscribed ?

But if it is over-subscribed or let's say 100% subscribed, nobody should get more than 1 lot, right ?

or the proportionate basis means,
let say 1st person applied for 3 lots
and 2nd person applied for 1 lot

chances of getting allotment for 1st person increases to 3 times. Please confirm ?

the most important thing is how many times subscription. if it is more than 10 times, then those who have applied
10 lots will get one lot,
11 lots then 1 lot plus additional proportionate share may be 1 or two shares like that