SBI CARDS IPO (MARCH 2nd to MARCH 5th)
The second-largest issuer of credit cards in India is going public.
Price range of this IPO- 750–755
Minimum order quantity- 19
Regarding SBI Cards:-
SBI Cards and Payment Services was promoted by State Bank of India on May 15, 1998, to issue credit cards and deal in payment products. Apart from an issue of fresh shares in the IPO, SBI will be selling a part of its promoter holdings. The Carlyle Group, which had taken up a stake in SBI Cards in December 2017, will also be offering a part of its stake in the issue.
Open your trading account @ Upstox & apply for the IPO on 2nd March.
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