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SBI Cards and Payment Services Limited IPO

SBI Cards and Payment Services Limited was a mainboard IPO, offered at ₹750–₹755 per share to raise ₹10,355 crore. It listed on 16 Mar 2020 at ₹661 and closed its first day at ₹681, a listing loss of -9.8% versus the ₹755 issue price. It now trades around ₹525 (-30.5% versus the issue price).

Frequently asked questions

What were the SBI Cards and Payment Services Limited IPO listing gains?
SBI Cards and Payment Services Limited listed on 16 Mar 2020 at ₹661, closing its first day at ₹681 — a listing loss of -9.8% versus the ₹755 issue price.
What was the price band and lot size of the SBI Cards and Payment Services Limited IPO?
The price band was ₹750–₹755 per share.