SBI Card IPO Dates, Review, Price, IPO Allotment Details & Market Lot

SBI Card is the second-largest credit card issuer in India, with a 17.6% and 18.0% market share of the Indian credit card market in terms of the number of credit cards outstanding as of March 31, 2019 and September 30, 2019, respectively, and a 17.1% and 17.9% market share of the Indian credit card market in terms of total credit card spends in fiscal 2019 and in the six months ended September 30, 2019, respectively, according to the RBI. It offers an extensive credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel and fuel, shopping, banking partnership cards and corporate cards covering all major cardholder segments in terms of income profiles and lifestyles.

The company is a subsidiary of SBI, India’s largest commercial bank in terms of deposits, advances and number of branches as of September 30, 2019. It started operations in 1998, and since then SBI’s parentage and highly trusted brand have allowed it to quickly establish a reputation of trust, reliability and transparency with cardholders. From March 31, 2017 to March 31, 2019, its total credit card spends grew at a 54.2% CAGR (as compared to a 35.6% CAGR for the overall credit card industry, according to the RBI) and the number of our credit cards outstanding grew at a 34.5% CAGR (as compared to a 25.6% CAGR for the overall credit card industry).

It deploys a sales force of 33,086 outsourced sales personnel as of September 30, 2019 operating out of 133 Indian cities. It also had a presence in 3,009 open market points of sale across India as of September 30, 2019. In addition, its partnership with SBI provides it with access to SBI’s extensive network of 22,007 branches across India, which enables it to market its credit cards to SBI’s vast customer base of 436.4 million customers as of March 31, 2019.

SBI Cards IPO Review:

• Apply for Short Term and Long Term Gain

SBI Cards IPO Dates & Price Band: (Tentative)

IPO Open:	2 March-2020
IPO Close:	5 March-2020
IPO Size:	Approx Rs. 10354 Crore  (Approx)
Face Value:	Rs. 10 Per Equity Share
Price Band :	Rs.750 - Rs.755 Per Share
Listing on:	BSE & NSE
Retail Portion:	35%
Equity:	130,526,798 Shares
Employee Discount:	Rs.75 Per Shares

SBI Cards IPO Market Lot:

Lot Size:	Minimum 19 Shares & Maximum 247 Shares
Minimum Amount:	Rs.14345
Maximum Amount:	Rs.186485

SBI Cards IPO Allotment & Listing:

Basis of Allotment:	11 March-2020
Refunds:	12 March-2020
Credit to Demat Account:	13 March-2020
Listing Date:	16 March-2020

SBI Cards IPO Form:

How to apply the SBI Cards IPO? You can apply SBI Cards IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the SBI Cards IPO in the Invest section. The other option you can apply SBI Cards IPO via IPO forms download via NSE and BSE. Check out the SBI Cards forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

SBI Cards Financial:

Rs. in Crore
	Revenue	Expense	PAT
2016	-	-	-
2017	3417	2899	371.4
2018	5370	4451	599.3
2019	7287	5955	859.6
2020 (H1)	4677	3643	727.0

Category	Shares offered	Subscription (no. of times, at 6 PM)
		Day 1	Day 2	Day 3	Day 4
QIB	2,42,24,003	0.00	0.21	57.18	57.18
NII	1,83,41,418	0.12	0.47	2.18	45.22
Retail	4,27,96,641	0.62	1.21	1.76	2.50
Employees	18,64,669	0.80	1.84	3.29	4.73
Shareholders	1,30,52,680	0.68	1.40	3.54	25.35
Total	10,02,79,411	0.38	0.87	15.48	26.54

Company Promoters:

• State Bank of India

SBI Cards IPO Registrar:

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: sbicard.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Note: Check SBI Cards IPO allotment status on Linkintime website allotment URL. Click Here

SBI Cards IPO Lead Managers:

• Axis Capital Limited
• BoA Merrill Lynch
• HSBC Securities & Capital Markets Pvt Ltd
• Kotak Mahindra Capital Company Limited

Company Address:

SBI Cards and Payment Services Ltd
Unit 401 & 402, 4th Floor,

Aggarwal Millennium Tower E-1,2,3,
Netaji Subhash Place, Wazirpur, New Delhi
Phone: +91 (11) 6126 8100
Email: investor.relations@sbicard.com
Website: http://www.sbicard.com/

SBI Cards IPO FAQs:

When SBI Cards IPO will open for Anchor Investors?

The Anchor Investors bidding is not announced yet.

When SBI Cards IPO will open for QIB, NII, and Retail?

The IPO to open on - for QIB, NII, and Retail Investors.

What is SBI Cards IPO Investors Portion?

The investors' portion for QIB--%, NII--%, and Retail--%.

How to Apply the SBI Cards IPO?

You can apply SBI Cards IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is SBI Cards IPO Allotment Date?

SBI Cards IPO allotment date is not finalized yet. You can check IPO allotment here.

What is SBI Cards IPO Listing Date?

SBI Cards IPO listing date is not finalized yet. The IPO to list on NSE and BSE.

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Success Story: lakhpati started investment from Rs. 500 in a SIP

Uma Shanker, a 43-year-old mutual fund investor, started his investment journey 14 years ago, with a small amount of Rs 500 via SIP in an ELSS or tax saving mutual fund scheme in October 2005.

“It was a big decision for me that time because before that I was investing in NSC (National Saving Certificates) only for tax saving. It took a lot of courage as I was afraid of the market,” says Uma Shanker, who works in a PSU. Since Uma Shanker was not well-versed with investments, he hired Ashish Modani, a Jaipur-based financial planner and advisor, as his mutual fund advisor.

Like many novices, Uma Shanker had his share of doubts about investing his money in an equity-linked scheme. He started reading about mutual funds and discussing his doubts with his mutual fund advisor to be doubly-sure about whether he was making the right decisions.

“I was happy to see my investment go up day by day in the equity market. I continued reading about mutual funds, and particularly about my scheme (an ELSS from Reliance Mutual Fund). It gave me confidence,” Uma Shanker says.

After he gained the confidence, Uma Shanker increased his SIP amount in 2008 and made it equal to his PF deduction amount.

“I increased the amount once I thought that I understand the basics of mutual fund investing,” he adds.

However, things didn’t go as per his plans. The year 2008 was a scary one for the equity markets all over the world, including India. And Uma Shanker wasn’t prepared for the meltdown.

“I saw my investment value coming down by 50% and all my profits vanished. I thought about stopping my SIP and to restart it again after the market stabilizes. It was a tough time but I kept my faith because of my own readings and my mutual fund advisor,” says Uma Shaker.

My mutual fund advisor reassured me, and said that nobody can predict the market. “If you are a long term-investor, focus only on long term. Short term tremors shouldn’t disturb you,” Ashish Modani, my mutual fund advisor, told me.

After the short-term tremors of 2008 were over, Uma Shanker had all his investments in mutual funds, apart from his pension and PF. “I still remember my colleagues suggested not to make this mistake of keeping the money in the market. However, my understanding of the market and advice from mutual fund advisor made me confident of my choice,” says Uma Shanker.

With the same faith, Uma Sanker continued his SIP and by 2014, the tiny amount he invested had become a considerable corpus. From 2008 to 2014, Uma Shanker tried educating, motivating more people, including his colleagues and family, to start SIPs to beat inflation.

“Approximately 120-150 people started their SIP only on my words. I even started my father’s SIP after his retirement in 2010, until his retirement, my father used to invest all savings in FD, NSC and his PF,” says Uma Shanker.

Uma Shanker says that he has seen many bear and bull market phases in his journey by now. However, he has understood that what really matters at the end of the day is how much your portfolio has earned in the long term. “I increased my SIP amount again and continued till date. Now we are in a bear market, but still I have percentage return more than the average inflation in the last 10-15 years,” says Uma Shanker.

“In the last 14 years, I learnt only one thing: keep your investments simple and don’t keep tracking the market. Focused and consistent approach with goals set never fails you. It didn’t fail me. One more thing, never race for returns and don’t switch funds regularly for best performance because you can’t predict which fund is going to perform at what time,” says Uma Shanker.

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IRCTC IPO Dates, Review, Price, IPO Allotment Details & Market Lot

IRCTC Limited (Indian Railway Catering And Tourism Corporation Limited) was incorporated with the objective to upgrade, modernize and professionalize catering and hospitality services, managing hospitality services at railway stations, on trains and other locations and to promote international and domestic tourism in India through public-private participation. The company was conferred the status of Mini – ratna (Category-I Public Sector Enterprise) by the Government of India, on 1 May 2008.

The company is the only entity authorized by Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India. It operates one of the most transacted websites, www.irctc.co.in, in the Asia-Pacific region with transaction volume averaging 15 to 18 million transactions per month during the three months ended 30 June 2019.

The company operates in four business segments – (i) Internet Ticketing, (ii) Catering, (iii) Packaged Drinking Water under the “Rail Neer” brand, (iv) Travel And Tourism.

IRCTC IPO Review:

• Must Apply

IRCTC IPO Dates & Price Band: (Tentative)

• IPO Open: 30-September-2019
• IPO Close: 03-October-2019
• IPO Size: Approx Rs.645 Crore (Approx)
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.315 to Rs.320 Per Share
• Listing on: BSE & NSE
• Equity: 2,01,60,000 Shares
• Discount: Rs.10 for Retail & Employees
• Allocation: QIB: 50%, HNI: 15%, Retail: 35%

IRCTC IPO Market Lot:

• Shares: Apply for 40 Shares (Minimum Lot Size)
• Amount: Rs.12,400 for Retail & Employee
• Amount: Rs.12,800 for QIB & HNI

IRCTC IPO Allotment & Listing:

• Basis of Allotment: - 09-October-2019
• Refunds: - 10-October-2019
• Credit to demat accounts:- 11-October-2019
• Listing:- 14-October-2019

IRCTC's consolidated financial performance (in INR crore)
				FY2017	FY2018	FY2019
Total revenues				1,602.9	1,569.6	1,956.7
Total expenses				1,247.8	1,223.9	1,526.7
Comprehensive income				231.1	224.8	272.9
Net margin (%)				14.4	14.3	13.9

IRCTC IPO Registrar:

Alankit Assignments Limited

205–208, Anarkali Complex

Jhandewalan Extension

New Delhi 110 055

Delhi, India

Tel:011 42541954/933/ 022 4348 1293

E-mail: kamalarora@alankit.com/ abhijitd@alankit.com

Investor grievance E-mail: irctcigr@alankit.com

Website: www.alankit.com

Contact  Person: Kamal   Arora/   Abhijit Deb/ Virender Sharma

Note: Check IRCTC ipo allotment status on Alankit website allotment url. Click Here

IRCTC IPO Lead Managers:

• IDBI Capital Markets & Securities Limited
• SBI Capital Markets Limited
• YES Securities (India) Limited

Company Address:

Indian Railway Catering and Tourism Corporation Ltd.

11th Floor, B-148, Statesman House, Barakhamba Road, New Delhi - 110001

Delhi, India

Contact Person: Suman Kalra, Company Secretary and Compliance Officer;

Telephone: +91 11 2331 1263 /64

E-mail: ipo@irctc.com

Website: www.irctc.com

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