✓
Open
2 Mar 2020
✓
Close
5 Mar 2020
3
Allotment
—
✓
Listing
Mon, Mar 16, 2020
Price Band
₹750 to ₹755
Issue Size
13,71,49,314 shares (agg. up to ₹10,341 Cr)
Lot Size
19 Shares
Listing Date
Mon, Mar 16, 2020
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 19.21x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2019 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|---|
| Assets | 25,993.47 | 20,239.64 | 15,686.01 | 10,764.98 |
| Total Income | 6,843.06 | 6,999.11 | 5,186.98 | 3,346.20 |
| Profit After Tax | 1,161.21 | 862.72 | 601.14 | 372.86 |
| EBITDA | 2,659.07 | 2,429.91 | 1,655.35 | 1,104.85 |
| NET Worth | 4,822.82 | 3,653.24 | 2,424.58 | 1,448.82 |
| Reserves and Surplus | 818.98 | 2,744.50 | 1,568.06 | 663.82 |
| Total Borrowing | 18,577.69 | 13,650.52 | 11,412.82 | 8,268.42 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ascom Leasing & Investments Ltd. | SME | ₹6.32 Cr | ₹30 | null | ₹30.25 | +0.83% | ₹264.00 (+1.79%) |
About SBI Cards IPO
Incorporated in 1998, SBI Cards and Payment Services Limited is a subsidiary of SBI, India's largest commercial bank in terms of deposits, advances and the number of branches. SBI currently holds (along with its nominees) 689,927,363 Equity Shares, constituting to 74.00 % of the pre-Offer issued, subscribed and paid-up Equity Share capital of the Company.The company the 2nd largest credit card issuer in the country, with a 17.6% and 18.1% market share of the Indian credit card market (number of credit cards) as of March 31, 2019, and November 30, 2019, respectively, and a 17.1% and 17.9% market share of the Indian credit card market ( total credit card spends) in fiscal 2019 and in the eight months ended November 30, 2019.SBI Cards offers a wide range of credit cards to individual and corporate clients including lifestyle, rewards, shopping, travel, fuel, banking partnership cards, and corporate cards, etc. SBI Cards has partnered with several leading names across industries, including Air India, Apollo Hospitals, BPCL, Etihad Guest, Fbb, IRCTC, OLA Money and Yatra, amongst others.As a subsidiary of SBI, the company has access to SBI's extensive network of 21,961 branches across In
Contact Details
SBI Cards & Payment Services Ltd. AddressUnit 401 & 402, 4th FloorAggarwal Millennium Tower E-1, 2, 3Netaji Subhash Place, WazirpurNew Delhi, New Delhi, 110034+91 (11) 6126 8100investor.relations@sbicard.comVisit Website