What is the Date of SBI Card IPO?
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Eagerly waiting for the upcoming IPO and wondering what is the date of SBI Card IPO?
Well, your wait will end soon.
With the good return plan, SBI Card IPO is opening on March 02, 2020.
Once you have an SBI Free Demat Account, you can make an investment in IPO. Before making an investment in the IPO, it is good to go through the SBI Card IPO Details.
SBI Card IPO Cut Off Date
With the great offerings and benefits for the investors, the SBI IPO Card IPO is going to start on March 02, 2020, and ends on March 05, 2020.
Here is the complete information of the SBI Card IPO Date.
SBI Card IPO Date | |
Bid Opening On | March 02, 2020 |
Bid Closing On | March 05, 2020 |
Allotment of Shares | March 11, 2020 |
Initiation of Funds | March 12, 2020 |
Credit of Shares | March 13, 2020 |
Listing Date | March 16, 2020 |
Also, know when the LIC IPO and UTI AMC IPO is going to issue.
SBI Card IPO Allotment Status
The SBI IPO will be finalized within a week by March 11, 2020, following the credit of shares in the respective Demat account by March 13, 2020.
The basis of allotment let you know how the share will be allocated to you in SBI Cards IPO and also provide the information of the category wise demand of IPO share.
SBI Card IPO Listing Date
SBI Cards shares will be listed on BSE and NSE. With its listing, one can start trading of shares thus helping investors to buy or sell shares of the company in the secondary market with a Trading account in SBI.
As per the report, the SBI Card IPO will be listed by March 16, 2020.
Bottom Line
As per the RBI, SBI has grown its business at a much faster rate than any other Indian Credit Card market.
This is all because of its strength and capitalizing on the favorable and demographic changes of the Indian economy.
Apart from this, the SBI focuses on the latest technology and the data analytics that gives it an edge over the competition.
So, if you are thinking of investing your savings in the SBI Card IPO then you are not required to think twice.
Learn how to apply for SBI Card IPO and fill the application form without delay.
In case you are looking to get started with your stock market investments, let us assist you in taking the next steps ahead.
Open a free Demat Account.
Just fill in a few basic details here to get started:
In case, you are looking forward to learn more, feel free to contact us.