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A Comprehensive Guide What Are the Best Stocks to Buy on the NSE?

  Introduction   India’s National Stock Exchange (NSE) is one of the world’s most dynamic value markets, advertising speculators introduction to a wide cluster of sectors—from data innovation and pharmaceuticals to buyer merchandise and budgetary administrations. As the Indian economy proceeds to develop, numerous retail and organization financial specialists ponder which stocks merit a put in their portfolios. Whereas there is no one ‑ size ‑ fits ‑ all reply, a taught approach that centres on essentials, valuation, and macro ‑ economic patterns can offer assistance you recognize high ‑ quality companies with solid development prospects.   Understanding the NSE Scene Metric What It Means for Investors Market Capitalization Large ‑ cap stocks (₹10,000 crore +) tend to be more liquid and less volatile, while mid ‑ caps and small ‑ caps can offer higher growth but come with greater risk. Liquidity (Average Dail...
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SBI Cards IPO - Initial Public Offer Detail

SBI Cards IPO - Initial Public Offer Detail




Incorporated in 1998, SBI Cards and Payment Services Limited may be a subsidiary of SBI, India's largest banking company in terms of deposits, advances and also the number of branches. SBI currently holds 689,927,363 Equity Shares. The company the 2nd largest credit card issuer within 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 in fiscal 2019 and within the eight months ended November 30, 2019.



SBI Cards offers a large range of credit cards to individual and company clients including fuel, rewards, shopping, lifestyle,  travel, banking partnership cards, and company cards, etc. SBI Cards has tie-ups with several leading companies across industries, including IRCTC, Air India, Apollo Hospitals, Etihad Guest, BPCL, Fbb, OLA Money and Yatra, amongst others. At the upper end of the price band, the SBI Cards IPO is predicted to boost around Rs 9,000 crore, making it the fifth-largest IPO to date.





IPO Open Date
2nd March 2020
IPO Close Date
5th March 2020
Issue Type
Book Built Issue IPO
Issue Size
137,193,464 Eq Shares of Ru.10
(aggregating up to Ru.10,354.77 Cr)
Offer for Sale
130,526,798 Eq Shares of Ru.10
(aggregating up to Ru.9,854.77 Cr)
Face Value
Rupee 10 Per Equity Share
IPO Price
Rupee 750 to 755 Per Equity Share
Employee Discount
Rupee 75
Lot Size
19 Shares
Min Order Quantity
19 Shares
Listing At
NSE & BSE
P/E (x)
45.8
Market Cap (Cr.)
70890
Finalisation of Basis of Allotment
11th March 2020
Initiation of Refunds
12th March 2020
Credit of Shares to Demat A/C
13th March 2020
IPO Shares Listing Date
16th March 2020
Pre Issue Share Promoter Holding
74%
Post Issue Share Promoter Holding
69.51%
Minimum Lot Size and Price (Retail)
1 Lot 14,345 Rupee
Maximum Lot Size and Price (Retail)
13 Lot 186,485 Rupee





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