SBI Cards IPO Allotment To Be Done By 13 March

The much anticipated SBI Cards and Payments Services IPO will undergo allotment of shares to successful applicants in their demat accounts by March 13, according to the prospect filed by the company. For investors who are not allotted shares, the refund process will be initiated on March 12. The IPO, for which bids were received between March 2 and 5, saw huge demand for its shares as it was subscribed 26.54 times. The credit card ar...