119. M Gupta| Link| Bookmark|
November 27, 2019 9:54:27 PM
IPO Guru (1000+ Posts, 3100+ Likes)
Please some one share link to download sbi cards drhp
118. Aniketiaf| Link| Bookmark|
November 27, 2019 3:45:16 PM
IPO Guru (1800+ Posts, 10200+ Likes)
SBI Cards and Payment Services has filed draft red herring prospectus with capital market regulator Securities and Exchange Board of India (SEBI) on November 26.
The issue consists of fresh issue of Rs 500 crore and an offer for sale of 13,05,26,798 equity shares by State Bank of India and CA Rover Holdings, an affiliate of US-based Carlyle Asia Partners IV. Thanks.
118.1. Aniketiaf| Link| Bookmark|
November 27, 2019 3:52:50 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Kotak Mahindra Capital Company, Axis Capital, DSB Merrill Lynch, HSBC Securities and Capital Markets (India), Nomura Financial Advisory and Securities (India) and SBI Capital Markets are the book running lead managers to the issue of SBI CARD.
Got an email from karvy saying that I am eligible for shareholder category and can apply in the same.
The lead managers to the Issue are Kotak Mahindra Capital Company Limited, IIFL Securities Limited and JM Financial Limited ("BRLMs") and the registrar to the Issue is Karvy Fintech Private Limited ("Registrar to the Issue"). Key details in relation to the Issue are set out below: Eligibility for UFSL Shareholder Reservation Portion-Individuals and HUFs who are the public equity shareholders of UFSL, the Promoter of the Bank, (excluding such persons who are not eligible to invest in the Issue under applicable laws or are otherwise unable to make any such investment strictly in accordance with the terms of, and restrictions specified in, the RHP) as on the date of the RHP, being November 22, 2019. Bid/Issue Opening Date - Monday, December 02, 2019 Bid/Issue Closing Date - Wednesday, December 04, 2019 Price Band - Rs. 36 to Rs. 37 UFSL Shareholder Discount - A discount of Rs. 2 per Equity Share on the Issue Price Mode of Application - The Application Supported by Blocked Amount ("ASBA") process is mandatory for Eligible UFSL Shareholders Bidding under the UFSL Shareholder Reservation Portion. Eligible UFSL Shareholders Bidding under the UFSL Shareholder Reservation Portion can also block their ASBA Accounts for bidding through the UPI Mechanism. Allocation - Proportionate basis (subject to minimum Bid Lot) Availability of forms - Copies of the Bid cum Application Form will be available at the offices of the Designated Intermediaries and the registered and corporate offices of the Bank. An electronic copy of the Bid cum Application Form will also be available for download on the websites of NSE (www.nseindia.com) and BS
Since cutoff date for shareholders is 22nd ... I guess from sep19 shareholding count atleast another 20k will be added ... So even in shareholders quota getting 1 lot will be mostly on lottery basis ... Hope atleast one get 1 confirm lot in shareholders quota ....
As per the RHP date, I am eligible to apply in Share holder category. Shall I make 2 applications with the same PAN 1 is in share holder category & another 1 is in Retail category? Will both the applications will be valid or how?
@PM @ Raja Ganesh Please read the mail carefully ... they clearly mentioned as below..
Please note that a Bidder Bidding in the UFSL Shareholders Reservation Portion, subject to the Bid Amount (net of UFSL Shareholder Discount) being up to Rs. 200,000, can also Bid under the Net Issue portion and such Bids will not be treated as multiple Bids. To clarify, an Eligible UFSL Shareholder Bidding in the UFSL Shareholders Reservation Portion above Rs. 200,000 cannot Bid in the Net Issue as such Bids will be treated as multiple Bids and would be liable to be rejected.
@ Siva Mallam, In UFSL Shareholder Portion, If the bid amount is less than Rs. 200,000/- ( Approx. 14 Lots; 14*35*400 = 1,96,000/- )then you can apply in the Retail Portion as well. It will be rejected in case if the bid amount is higher than Rs. 200,000/-.
Thing to observe is even if you apply in two categories it is treated as shareholder category ( you will get discount as well i.e 35 rs and in retails its 37rs )
Incase of maximising the allotment better you apply with different PAN cards .
110.1. Splendid| Link| Bookmark|
November 27, 2019 3:40:14 PM
Top Contributor (300+ Posts, 100+ Likes)
In SBI Cards also Cut of Date is RHP DATE
Bids by SBI Shareholders Bids under the SBI Shareholders Reservation Portion shall be subject to the following: (a) Only SBI Shareholders (i.e. individuals and HUFs who are equity shareholders of SBI (excluding such other persons not eligible under applicable laws, rules, regulations and guidelines) as at the date of the Red Herring Prospectus) would be eligible to apply in this Offer under the SBI Shareholders Reservation Portion.
GOOD NEWS SBI CARD DRHP released..might be filed within 1-2 days to RoC..Those who hold sbi bank will get another chance to claim in shareholder quota.. Issue size being large will raise the chances of allotment in RII also..
**since shareholder cutoff date will be RHP filing date.
109.4. Medge| Link| Bookmark|
November 27, 2019 4:57:36 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Around more than 2Years back CA rover brought 2000 cr stake in SBI card from SBI. Now he is willing to sell his some portion in OFS for arround 5100+ CRs.
This is huge issue, if they price it correctly then there is sure chance to earn money from shareholder portion.
Now there seems to be another confusion as there's a discount in this category. Under shareholders category what can be maximum valid lots allowed? 13 lots or 14 lots?
It is corrected. Here is information on Issue Size: Total issue size = Rs 1000 crore Pre-IPO placement: Rs 250 crore Net issue size: Rs 750 crore (from which Rs 75 crore reserved for subscription by eligible UFSL shareholders )
Make it simple for shareholders allotments, Who ever bought before or on 20th Nov will only apply in shareholders portion because 20th + T2 = 22nd Nov in your demat account.
Got mail that i am a share holder. Sold today and exited from ujjivan
102. hchc| Link| Bookmark|
November 27, 2019 6:28:14 AM
Top Contributor (400+ Posts, 900+ Likes)
Price Band : Rs 36-Rs 37 Lot : 400 shares Shareholder : Rs 35 Opens : 2nd December 2019 Closes : 4th December 2019 Cut Off Date for Shareholders : 22nd November 2019
102.1. papon| Link| Bookmark|
November 27, 2019 6:46:33 AM
IPO Mentor (500+ Posts, 500+ Likes)
Good point for share holder is that 10% reserved on total issue and not net issue as in the case of retail, qib & nii. So more chance in shareholder category to get allotment
from bse , Ujjivaan financial corp. announcement dtd-27-11-19
The proposed Issue of USFB comprises of a fresh issue of Equity Shares aggregating up to ~ 7,500 miIIion and a portion of the Issue, aggregating up to ~ 750 million has been made available for the Eligible UFSL Shareholders, on a proportionate basis. For this purpose, individuals and HOFs who are the public equity • shareholders of UFSL as on the date of the RHP i.e., November 22, 2019 (excluding such persons who are not eligible to invest in the Issue under applicable laws or are otherwise unable to make any such investment strictly in accordance with the terms of, and restrictions specified in, the RHP) are the "Eligible UFSL Shareholders".