*Dear Partners,*
*Here is the BEST opportunities arises...*
*Make a call to ever new prospects and fresh client DATA and speak with them for SBI CARDS IPO.*
*IT IS TRULY WORKING. AND STUDY SHOWS THAT WE WERE GETTING MAXIMUM DMAT ACCOUNT AT THE TIME OF GOOD IPO's.*
*SBI Cards IPO – Issue*
Information *(Tentative)*
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 *(Tentative)*
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.