SBI Cards and Payment Services Limited IPO Details

SBI Cards and Payment Services Limited was established in 1998, SBI Cards and Payment Services Limited is a subsidiary of SBI, India's largest commercial bank in terms of deposits, advances and the number of branches. SBI currently holds (along with its nominees) 689,927,363 Equity Shares, constituting to 74.00 % of the pre-Offer issued, subscribed and paid-up Equity Share capital of the Company.

SBI Cards and Payment Services Limited files approx ₹9500 crores IPO papers with SEBI. SBI to divest up to 4% stake in their subsidiary SBI Cards and Payment Services Limited. The SBI Cards and Payment Services Limited IPO date is not announced yet. SBI Cards and Payment Services Pvt Ltd (SBICPS) is the credit card unit of the State Bank of India. The company to raise between ₹8,500 crores and ₹9,500 crores. .

SBI Cards and Payment Services Limited IPO Details
Issue Open	02-03-2020
Issue Close	05-03-2020
Allotment Date	11-03-2020
Unblocked Amount	12-03-2020
Listing Date	13-03-2020
Issue Size	13,71,49,315 Total Equity Share - Fresh Issue Equity Share - OFS Equity Share
Issue Size	₹ 10351.96 Cr ₹ - Cr Fresh ₹ - Cr OFS
IPO Price Band	₹ 750 - 755
Minimum Share Bid	19 ₹ 15 Discount for Employees
Minimum Investment Amount [₹]	₹ 14,345
Face Value	₹ 10
Qualified Institutional Buyer [QIB]	50 %
High Networth Individual [HNI]	15 %
Retail Individual Investor [RII]	35 %
Listing On	BSE & NSE

SBI Cards and Payment Services Limited IPO Grey Market Premium GMP]
Latest Update	Premium	Kostak	Subject to Sauda	Recommended
05-03-2020 : 08:00 AM	190-200	1800	-	Apply
03-03-2020 : 08:00 AM	130-140	1500	-	Apply
01-03-2020 : 08:00 AM	230-250	2500	4500	Apply
26-02-2020 : 08:00 AM	340-345	4300	6000	Apply
25-02-2020 : 08:00 AM	340-345	4500	6500	Apply
24-02-2020 : 08:00 AM	350-360	4500	6800	Apply
23-02-2020 : 08:00 AM	-	3500	4800	Apply
22-02-2020 : 08:00 AM	-	3500	4500	Apply

SBI Cards and Payment Services Limited IPO Financial details [in Rs, Cr]
Financial Year	Total Asset	Total Revenue	Total Expenses	Profit After Tax
FY-2014	-	-	-	-
FY-2015	-	-	-	-
FY-2016	-	-	-	-
FY-2017	10764.98	3471.0	2899.41	372.85
FY-2018	15686.00	5370.10	4450.84	601.14
FY-2019	20239.63	7286.83	5955.23	862.71
30-06-2019	24459.14	4677.20	3642.62	725.88

SBI Cards and Payment Services Limited IPO Valuation Details
Earnings Per Share [EPS]	₹ 9.43
Price/Earnings [P/E] Ratio	-
Return on Net Worth [RoNW]	24.00 %
Net Asset Value [NAV]	₹ 46.99 Per Share

SBI Cards and Payment Services Limited IPO Subscription Details
As on Date	QIB	NII	RII	Employee	Share Holder	Total
Shared Offered	2,42,24,003	1,83,41,418	4,27,96,641	18,64,669	1,30,52,680	10,02,79,411
Day-1 [02-03-20]	21,812 [0.00]	16,61,398 [0.09]	1,91,86,238 [0.45]	14,79,093 [0.79]	66,40,595 [0.51]	2,89,89,136 [0.29]
Day-2 [03-03-20]	6,10,565 [0.03]	53,30,697 [0.29]	3,68,69,329 [0.86]	34,00,810 [1.82]	1,35,02,122 [1.03]	5,97,13,523 [0.60]
Day-3 [04-03-20]	1,38,52,43,431 [57.18]	4,01,54,562 [2.19]	7,57,54,444 [1.77]	61,37,722 [3.29]	4,62,43,606 [3.54]	1,55,35,33,765 [15.49]
Day-4 [05-03-20]	1,38,52,43,431 [57.18]	82,95,26,396 [45.23]	10,69,58,714 [2.5]	88,39,484 [4.74]	33,09,51,538 [25.36]	2,66,15,19,563 [26.54]

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SBI Cards and Payment Services Limited IPO Contact Details
SBI Cards and Payment Services Limited Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower E-1,2,3, Netaji Subhash Place, Wazirpur, New Delhi 110 034, India; Tel: +91 (11) 6126 8100 E-mail: investor.relations@sbicard.com Website: www.sbicard.com

Registrar of SBI Cards and Payment Services Limited IPO
Link Intime India Private Limited C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg, Vikhroli (West) Mumbai – 400 083 Maharashtra, India Telephone: +91 22 4918 6200 Email: sbicard.ipo@linkintime.co.in Website: www.linkintime.co.in Contact Person: Shanti Goplakrishnan SEBI Registration No: INR000004058

Lead Managers of SBI Cards and Payment Services Limited IPO

Kotak Mahindra Capital Company Limited 1st Floor, 27 BKC, Plot No. C – 27 "G" Block, Bandra Kurla Complex Bandra (East), Mumbai 400 051 Maharashtra, India Telephone: +91 22 4336 0000 E-mail: sbicard.ipo@kotak.com Investor Grievance E-mail: kmccredressal@kotak.com Website: www.investmentbank.kotak.com Contact Person: Mr. Ganesh Rane SEBI Registration No.: INM000008704 Axis Capital Limited Axis House, Level 1 C-2 Wadia International Centre P. B. Marg, Worli, Mumbai 400 025 Maharashtra, India India Telephone: +91 22 4325 2183 E-mail: sbicards.ipo@axiscap.in Investor Grievance E-mail: complaints@axiscap.in Website: www.axiscapital.co.in Contact Person: Ms. Simran Gadh SEBI Registration No.: INM000012029 DSP Merrill Lynch Limited Ground Floor, “A” Wing One BKC, “G” Block Bandra Kurla Complex Bandra (East), Mumbai 400 051 Maharashtra, India Telephone: +91 22 6632 8000 E-mail: dg.sbicard_ipo@bofa.com Investor Grievance E-mail: dg.india_merchantbanking@bofa.com Website: www.ml-india.com Contact Person: Mr. Ahmed Kolsawala SEBI Registration No.: INM000011625 HSBC Securities and Capital Markets (India) Private Limited 52/60, Mahatma Gandhi Road, Fort, Mumbai 400 001 Maharashtra, India Telephone: +91 22 2268 5555 E-mail: sbicardipo@hsbc.co.in Investor Grievance E-mail: investorgrievance@hsbc.co.in Website: https://www.business.hsbc.co.in/engb/ in/generic/ipo-open-offer-and-buyback Contact Person: Ms. Sanjana Maniar SEBI Registration No.: INM000010353 Nomura Financial Advisory and Securities (India) Private Limited Ceejay House, Level 11, Plot F Shivsagar Estate Dr. Annie Besant Road, Worli Mumbai 400 018, Maharashtra, India Telephone: +91 22 4037 4037 Email: sbicardipo@nomura.com Investor grievance e-mail: investorgrievances-in@nomura.com Website:www.nomuraholdings.com/company/group/asia/india/index.html Contact person: Mr. Vishal Kanjani/Mr. Sandeep Baid SEBI Registration No.: INM000011419 SBI Capital Markets Limited* 202, Market Tower ‘E’ Cuffe Parade, Mumbai 400 005 Maharashtra, India Telephone: +91 22 2217 8300 E-mail: sbicard.ipo@sbicaps.com Investor Grievance E-mail: investor.relations@sbicaps.com Website: www.sbicaps.com Contact Person: Mr. Sambit Rath/ Mr. Karan Savardekar SEBI Registration No.: INM000003531

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