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SBI Cards IPO Subscribed 31% So Far On Day 1

SBI Cards and Payment Services IPO: Bidding will close on March 5
SBI Cards and Payment Services IPO: Bidding will close on March 5
SBI Cards and Payment Services' initial public offer or IPO opened for subscription on Monday. SBI Cards and Payment Services - the credit card arm of the country's largest lender State Bank of India (SBI) - aims to raise around Rs 10,350 crore through the IPO, including new shares worth Rs 500 crore and an offer for sale of 13.05 crore shares. SBI Cards is the second largest credit card issuer in the country with a market share of 1...
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