E-PaperSbi Card Ipo News
Coronavirus panic weighs on India’s blockbuster SBI Cards IPO
SBI Cards began taking orders on Monday, the day the nation’s stocks fell for the seventh day amid the virus scareWith the world reeling from one of the biggest risk sell-offs since the global financial crisis, further coronavirus-fueled declines in India may impact the IPO’s over-subscription rate
2 min read3 Mar 2020SBI Cards IPO: 5 things to know for SBI employees, shareholders
All eligible SBI employees are allowed discount of ₹75 per shareThe price range for the IPO has been fixed at ₹750-755 per share
1 min read2 Mar 2020SBI Cards IPO ticks all boxes, but timing may be an issue
SBI Cards is one of the few large companies in the credit card business that is structured as a separate entitySBI Cards is number two in the credit card market, with HDFC Bank leading on the basis of outstanding cards
3 min read2 Mar 2020SBI Card to pip JSW Steel, M&M in m-cap after listing
Upper end of price band will give it a value of ₹70,000 cr, putting it among top 50The credit card company will open its initial public offering (IPO) on 2 March
2 min read21 Feb 2020SBI’s credit card subsidiary invites bids from advisors for share sale
SBI Card plans to appoint up to eight investment banks to manage the proposed initial public offeringSBI Card’s total IPO size is expected to be around ₹3,000-4,000 crore, valuing the company at $2-2.5 billion
2 min read20 Aug 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared