SBI CARD is coming with Initial Public offer From 02-March-2020. SBI Cards and Payment Services Limited is a subsidiary of SBI.
IPO Issue Price : Rs. 750-755
With The Higher Band IPO is Priced 48 PE Ratio
SBI Card IPO is First in the Industry to go for Listing. Major Benefit is without peer and Industry First IPO is expected to List at some very good Gain.
Expected Retail Subscription : 4-5 Times
Expected Listing : Rs. 1150
Short Term Target : Rs. 1400
Long Term Target : Rs. 2300
(Disclaimer : Please do own research before investing. above figure may be not correct. decision is now advisable from above estimation)