March 2, 2020 - March 5, 2020

SBI Cards IPO Allotment Status Online

The basis of allotment for SBI Cards IPO is available now.

To check SBI Cards IPO allotment status, follow the steps below:

Click on the below allotment status check button.
Select Company Name.
Enter your PAN Number, Application Number or DP Client ID (Anyone).
Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Link Intime India Private Ltd either by phone or email. Investors can call on +91-22-4918 6270 or send an email with all relevant details to sbicard.ipo@linkintime.co.in.

SBI Cards IPO Allotment Status

SBI Cards IPO Questions

1. What is the allotment date of the SBI Cards IPO?

SBI Card IPO allotment is expected on Mar 11, 2020, as per the plan mentioned in the RHP document. The SBI Cards IPO shares are planned to list on Mar 16, 2020.

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2. What would be the price of SBI Cards after listing?

SBI Card is expected to list at around Rs 1000 against its issue price of Rs 755. As of Feb 26, 2020, the SBI Card IPO grey market premium stands around Rs 300.

The price of an IPO share on the listing is very difficult to predict as it can go in any direction. The demand and supply of SBI Card IPO shares, the market situation on listing day, allotment ratio and many other factors contribute to the listing price.

Note that investment in the share market including IPO is among high-risk investments.

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SBI Cards IPO Allotment FAQs

The SBI Cards IPO allotment status will be available on March 11, 2020, as per the timeline provided in the red-herring prospectus.

Below are the steps to check SBI Cards IPO allotment status online:

Visit the SBI Cards IPO allotment status page.
Click on the green SBI Cards IPO Allotment Status.
Enter either PAN number, Application Number or DP Client ID of the demat account to check the SBI Cards IPO allotment status.
Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

PAN No.: AHMLK1898J
Application No.: RL041213805307
Name: Mr. Rajveer Singh
Shares Applied: 40
Shares Allotted: 40

The expected listing price of SBI Cards IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The SBI Cards IPO grey market premium gives some hint but the actual listing price is difficult to guess.

SBI Cards IPO allotment status is expected on March 11, 2020. Click the green button SBI Cards IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If SBI Cards IPO oversubscribed in the retail category, the SBI Cards IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The SBI Cards IPO shares will get listed on Monday, March 16, 2020. The equity share of SBI Cards and Payment Services Ltd will list on BSE, NSE.

The reason you didn't get the SBI Cards IPO could be:

IPO become oversubscribed and allotment process is completed through a lottery
The IPO application got rejected due to mismatch/incomplete information
The issue price is higher than the bid price. (Always apply on cut-off price).

20 Comments

20. Krishnamurthy M Link|March 12, 2020 10:02:48 PM

I have applied for 3 lots and 2 lots each under Retail Investor and Shareholder category but allotted one each under both category. Excited on getting allotment.

19. Muni Raj Sharma Link|March 12, 2020 7:37:23 PM

Anyone can tell about listing day...

18. Muni Raj Sharma Link|March 12, 2020 7:36:18 PM

I applied for 4 lots and got all accounts debited.

17. Gunjan Thaker Link|March 12, 2020 5:27:12 PM

I have applied for 7 lot (133 Shares) but not a single lot allocated; what is basis of allotment

16. purushottam lalria Link|March 12, 2020 3:16:50 PM

Retail Category 00 out of 1 lot
SH Category 01 out 13 lot
please advise what to do?

16.1. AayushArora Link|March 12, 2020 5:18:33 PM

Nothing. You should be thankful to God ;) And hope for the best for Listing day!

15. Antrax Link|March 12, 2020 4:16:00 PM

Observation from Allotment Allocation :

5 Different accounts were used by me to subscribe to the IPO. However only 1 account got allocation which I had subscribed at 5am in the morning on the opening day of IPO. This might be just a very small coincidence or subset to arrive at an inference though we can definitely arrive at first come first serve basis allocation limited to 1 lot per account first & then if still not fully subscribed then 2nd lot basis on FCFS again. #JustAThought

15.1. AjayKMali Link|March 12, 2020 4:27:27 PM

No it us not like that. I applied 3 lots, 1 each through 3 accounts at almost closing time. When I applied ASBA was closed at 3. Have to apply through UPi for 2 applications. But got a2/3 allotment. so no FCFS. basis.

15.2. AayushArora Link|March 12, 2020 5:15:14 PM

Not at all. I applied only One lot through Retail category and that too 10mins before the 2PM on last day. And same has been allotted to me. ????

14. SOURAV JANA Link|March 12, 2020 4:49:24 PM

I have allotted 1 lot but do not know what would be listing price?

13. AjayKMali Link|March 12, 2020 4:24:30 PM

Why this happens. Got 2 / 3 allotment through 3 diff. applications. One lot each in retail. Aaj tak mushkil se 1 ya 0 milta tha Kabhi kabhi.

42000 to 32000. Percentage ke hisab se 25 % approx. Still not bad in percentage terms when market failed from 10000 to 7000 (30% fall).

Either there would be black Monday on this Monday or we will see some recovery back.
not sure, nobody knows. IPo of 10000+ crore subscribed handsomely. But market conditions not in favor.

12. Antrax Link|March 12, 2020 4:11:52 PM

So out of 5 different accounts & 15 lots applied I could get only 1 lot in 1 account.. Though the fun of the IPO lies in super premium listing which in SBI Cards case doesnt seem much am still confident that in a longer duration for 6 -12 months the prospects are equally good for an outstanding premium & as it is its just 1 lot so am sure many of us can keep it for a longer tenure.

11. korat hardik Link|March 12, 2020 4:05:47 PM

3 baj gaye abhi bhi nahi khul raha link intime

10. stargazerck Link|March 12, 2020 3:58:18 PM

This is my first message on the forum, despite being a passive visitor for past 2 years. I agree that its a blessing not to be alloted shares to SBI Card. Unfortunately, I have been alloted 1 lot in Retail category. Grey market premium and liquidity issues suggests a complete rout on listing day. I have been investing in stock markets for past 15 years. I see at least a 10% downgrade on listing given the high PE ascribed to SBI Cards. Lets see how it pans out on Monday. One can only pray and hope that God or Nature (Summer temperatures) can abate the virus and trade returns to normal.

9. HarshJS Link|March 12, 2020 2:55:38 PM

Today I would like to thank my God of gods....of the 13 lots applied only 1 lot allotted. Thank you god. Now I will quietly go home and sleep :):)

8. Suyash Bansal Link|March 12, 2020 1:14:38 PM

I just checked on the LinkIntime website and it seems I've also got 1 lot (19 shares) only. I checked with my dad and sister and they also got only 1 lot each. We all applied for shares worth more than 1 lakh.

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8.2. Suyash Bansal Link|March 12, 2020 1:22:50 PM

I guess bs chance ki baat thi. Mera status to dikh gya us site pe but mere ICICI k account se paise kate nhi hain.. Axis bank se ek kiya tha uske to kat gye..

8.3. korat hardik Link|March 12, 2020 1:24:35 PM

7. haresh vyas Link|March 12, 2020 1:06:50 PM

Amount Debited from Axix Bank...just now received the messege..

6. Antrax Link|March 12, 2020 1:02:42 PM

I received confirmation from bank that my funds got released and now they arent on hold so not received allottment in one account. Awaiting info for other 4 accounts. Link Intime is still not working & as mentioned 3pm then we ll have to wait at least till evening to get a clear picture out of the mess.

5. Vikas Kumawat

2| Link|March 12, 2020 12:56:44 PM

Hi all, for your kind info i spoke with Link In TIme Executive they said we are uploading the data by 3.00 P.M you will get to know about the allotment status, so don't worry.

4. DeN Link|March 11, 2020 5:35:03 PM

Allotment ?

3. korat hardik Link|March 12, 2020 12:44:08 PM

ab to gali nikal rahi hai link intime walo p

3.1. Vikas Kumawat Link|March 12, 2020 12:52:34 PM

Hey bro calm down! i spoke with Link In TIme Executive they said we are uploading data by 3.00 P.M you will get to know about the allotment status, so don't worry.

3.2. korat hardik Link|March 12, 2020 12:53:58 PM

ok vikas

2. ksp Link|March 12, 2020 12:25:37 PM

I received one lot 19 shares (Axis Bank has debited 14,345)

1. SaurabhBhola Link|March 11, 2020 10:42:39 PM

How to check SBI Cards IPO Allotment Status?
Below are the steps to check SBI Cards IPO allotment status online:

Visit the SBI Cards IPO allotment status page.
Click on the green SBI Cards IPO Allotment Status.
Enter either PAN number, Application Number or DP Client ID of the demat account to check the SBI Cards IPO allotment status.
Click Search.
Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

PAN No.: AHMLK1898J
Application No.: RL041213805307
Name: Mr. Rajveer Singh
Shares Applied: 40
Shares Allotted: 40

1.1. Ajay Kapoor Link|March 12, 2020 11:24:33 AM

Did we have allotment it still shows disabled? Can someone confirm please

1.2. SaurabhBhola Link|March 12, 2020 11:51:48 AM

Wait till evening

SBI Cards IPO Allotment Status Online

SBI Cards IPO Questions

1. What is the allotment date of the SBI Cards IPO?

2. What would be the price of SBI Cards after listing?

SBI Cards IPO Allotment FAQs

When is SBI Cards IPO allotment expected?

How to check SBI Cards IPO Allotment Status?

What is the expected listing price of the SBI Cards IPO?

Where to check SBI Cards IPO allotment status?

On what basis SBI Cards IPO shares are allotted to retail investors?

When will SBI Cards IPO get listed?

Why I didn't get allotment in SBI Cards IPO?

Read more about SBI Cards IPO

20 Comments