SBI Cards and Payment Services IPO

SBI Cards and Payment Services Limited (SBICARD) · mainboard IPO on NSE and BSE. Listed on 16 March 2020.

Listed 16 Mar Listing gain -12.4%

Issue details

Price band
₹750–755
Issue price
₹755
Lot size
—
Min. retail bid
—
Issue size
—
Bidding
02 Mar – 05 Mar 2020
Listing
16 Mar 2020
Retail quota
—

Listing day

Listed at
₹661
-12.4% vs issue price ₹755
Day's high
₹755
0.0% · low ₹656 (-13.1%)
Day's close
₹681
-9.8% · traded ₹4,320 Cr

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to SBI Cards and Payment Services's, and how they listed.

IPOQIBNIIRetailTotalSizeListing gainDay high
IndiaMART InterMESHJun 2019 —— —— — +21.3%+37.5%
Metropolis HealthcareApr 2019 —— —— — +8.9%+11.7%
MSTCMar 2019 —— —— — -4.2%0.0%
TCNS Clothing Co.Jul 2018 —— —— — 0.0%+1.3%
Galaxy SurfactantsJan 2018 —— —— — +3.0%+17.2%
Salasar Techno EngineeringJul 2017 —— —— — +131.5%+143.1%

Frequently asked

What is the SBI Cards and Payment Services IPO price band and lot size? ₹750–755 per share.

How did it list? It opened at ₹661, -12.4% against the issue price of ₹755, and closed its first day -9.8%.

Other IPOs of 2020

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI