Blood bath.....2nd, 3rd day will be though for sbi cards....all retail should wait for last day.....if HNI pump, then apply for 1 lot only.....time to protect ur money....it is not the time to use heart, but use brains if any...nifty below 11k is week.....
Experts please clear my doubt my broker said to me that being a shareholder and retail I can at most apply for 12 lots in shareholder category and 1 lot in retail category because if I apply 14lots then the amount of rs 2 lakh will exceed.
Hi I have two demat accounts with ICICI direct and pcs securities and my query is that I have sbi share in pcs demat, but I want to apply for ipo with my icici demat. Please let me know if I can apply under shareholder category
Sentiment shaken in primary as well as secondary market by coronavirus, markets in red seventh consecutive day without any support. Please make your investment accordingly Put your own money, don't take extra risk From day one of this page , i said,, repeat of 2008 can't be denied. Apply your mind Thanks
1421.1. Chem cho| Link| Bookmark|
March 2, 2020 3:54:09 PM
IPO Guru (2600+ Posts, 2700+ Likes)
Are you now shaken with the MARKET TREND , You were shocked when i mentioned I may not apply , two days back BUT today i confirm that I will not apply even with my own money ( ie with out loan )
I m not shaken or shocked As I mentioned in my earlier posts i sold 7/8 application in gray, let it be. But surprised to hearing that you are skipping this ipo. It's not that bad ipo.
1420. Have Faith| Link| Bookmark|
March 2, 2020 4:24:10 PM
Top Contributor (500+ Posts, 100+ Likes)
Can I apply with the same PAN number in retail as well as shareholders category. ??..... Application will get reject or not ??
Do not use PNB ASBA... I got my money unblocked after 15 days, in Ujjivan Small Finance Bank IPO......
1417. Chem cho| Link| Bookmark|
February 26, 2020 4:52:42 PM
IPO Guru (2600+ Posts, 2700+ Likes)
For the SBI Card IPO to be subscribe in Good numbers , NIFTY needs to be inthe range of 11900 to 11950 , and further at the time of Listing at 12000 to 12100 , Then only you will get the premium of Rs 250 to Rs 300 Remember this is very good IPO , but results will be seen after quarterly march results in April - May 20 Also remember this is very big IPO and NIfty is below the bullish range , Hence weak hands will try to sell and might slip below Rs 780 - RS 750 An buying Range at ???? will inform at time of LISTING considering the Nifty range I may apply but no much bullish ,Due to weak NIFTY BUT again an portfolio stock , don't be in hurry to get it
@chem cho Recent negative in nifty is due to corona virus and bad news coming more and more from Europe and middle East I don't see any respite next 15 days Today nifty bellow 200 dma , may bounce back tomorrow. My question is ,what drives such high GMP? N numbers of application buying from brokers and forwarding to big bookies (Jaipur in high demand) from my city So they will manage listing on higher notes like BB,HDFC AMC
Are you thinking of skipping this ipo?Why? Not even worth of listing gains
Please participate in debate
1417.4. Chem cho| Link| Bookmark|
March 2, 2020 4:05:42 PM
IPO Guru (2600+ Posts, 2700+ Likes)
NOW i will not apply in any case , Even if the trend becomes positive , on Thursday Nifty has broken all levels of this IPO at BSE 38144 AND NSE 11132 is heavily priced TODAY 2/03/2020
views expressed is own , HOWEVER YOU ARE ADVISED TO TAKE ADVICE OF EXPERTS FOR THIS SBI CARD IPO
All views will CHANGE if the QIB did subscribes 100 times or NHI 350 TIMES. Hence wait for Wednesday to decide whether apply or not. Nifty levels has no meaning if it subscribes well.
@Dinesh Singh ji ....Below are the numbers for Reliance Power.... Picture was completely changed in last day of IPO..... Lot of people cancelled their application the same fancy is with SBI card ....
Aaj agar zinda bach gaye to jung kal bhi kar sakte hai....Many more IPOs are in Pipeline and we need to wait till markets get settle down
QIB 82.6 NII 190 RII 15
1417.8. Chem cho| Link| Bookmark|
March 12, 2020 10:22:03 AM
IPO Guru (2600+ Posts, 2700+ Likes)
EXPERTS VIEW COMMENTS ON SBI CARD IPO
1417.9. Chem cho| Link| Bookmark|
March 12, 2020 10:33:51 AM
IPO Guru (2600+ Posts, 2700+ Likes)
@harit
NOW please participate in debate
1417.10. Medge| Link| Bookmark|
March 12, 2020 10:42:22 AM
IPO Guru (1300+ Posts, 2000+ Likes)
there is no support from market, now even at par listing is dicey
1417.11. DownriteVJ| Link| Bookmark|
March 12, 2020 11:00:04 AM
IPO Guru (1400+ Posts, 1200+ Likes)
When Total 137,193,464 shares to be Issued (Issue Size) only Total 100,279,411 shares to be alloted. Where the diffrential 36,914,053 shares gone. Can any one explain please .......
1410. Medge| Link| Bookmark|
March 2, 2020 2:35:10 PM
IPO Guru (1300+ Posts, 2000+ Likes)
In India below are only three Credit card separate entities from Bank core business -SBI card -BOB card -Amex (foreign group)
Other all credit card groups (HDFC, ICICI, AXIS etc etc) are tightly comes under their respective bank core umbrella business, So HDFC, AXIS card never ever going to list in market (technically they are not separate from bank)
After SBI card listing only peer group is left is BOB card which is qualified for IPO, except this no any other
HDFC Mutual, HDFC Life was subsidiary of HDFC Ltd. they are now separate listing company. HDFC Bank will come with HDFC Card IPO hopefully after HDB Finance IPO whose DHRP is already filed. Moreover HDFC Bank Carp company is operational from Chennai and not from Bank headquarter.
1410.2. Medge| Link| Bookmark|
March 2, 2020 3:40:00 PM
IPO Guru (1300+ Posts, 2000+ Likes)
When HDB finance DRHP is filed?
SBI card https://www.sbicard.com/ (separate website from SBI bank website) BOB card https://www.bobfinancial.com/ (separate website from BOB bank website)
Do post if you are aware of HDFC bank card website other than HDFC bank website.
HDB Financial Services https://www.hdbfs.com/ (IPO awaiting) HDFC ERGO https://www.hdfcergo.com/ (IPO awaiting) HDFC AMC https://www.hdfcfund.com/ (already listed) HDFC Life https://www.hdfclife.com/ (Already listed) HDFC Bank https://www.hdfcbank.com/ (already listed) HDFC https://www.hdfc.com/ (already listed)
PayZapp wallet app (HDFC bank entity, they might plan for this IPO)
I dont want to bring HDFC group discussion in this SBI card page but i hope this will clear your confusion.
what is the meaning of following line (in Important Clarifications) ?
Zerodha is only allowing 1 IPO application per customer even though the option is available for applying in the retail and shareholders category.
can i apply two applications (one from retail category and one from shareholder category) from SBI Bank account having demat in Zerodha ? i have shares of SBI in my Demat account.