Wednesday, 26 February 2020

@AlliesFin Serve T.ME/ALLiESFiN's Post

@ALLIESFIN

SBI Cards IPO – Issue Information (FINAL)

Issue Opens on: 02 March 2020

Issue Closes on: 05 March 2020

Issue Type: Book Built Issue IPO

Issue Size: 13,71,49,315 Shares

Face Value: Rs.10/- per Share

Issue Price: Rs.750 – Rs.755 per Share (FINAL)

Discount: Rs.15/- (for Employees)
Market Lot: 19 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 93,23,34,278 Shares

Employee Reservation of 18,64,669 Shares @740/- = Rs.137.99Crs (after discount of Rs.15/-)

SBI Shareholders Reservation of 1,30,52,680 Shares @755/- = Rs.985.48 Crs (Discount – NIL)

Net Offer for Sale of 11,56,09,450 @755/- = Rs.8,728.51Crs

Fresh Issue of 66,22,516 @755/- = Rs.500.00Crs
Equity Shares outstanding after the Issue = 93,89,56,765 Shares

Category-wise Break up:
Anchor – 3,66,69,590 Shares = 2,768.55Crs

QIB – 2,44,46,393 Shares = 1,845.70Crs

NII – 1,83,34,795 Shares = 1,384.28Crs

RII – 4,27,81,188 Shares = 3,229.98Crs (Lot size: 19 = 22,51,641 Forms)

SBI Shareholders – 1,30,52,680 Shares = 985.48Crs

Empl. Quota – 18,64,669 Shares = 137.99Crs (@740 per Share)

Total Issue – 13,71,49,315 Shares = 10,351.98Crs.

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