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Bigger they are, harder they fall – A look at how the country’s biggest IPOs have fared

Hyundai Motor India is raising funds through an IPO, the country’s biggest IPO so far. There have b…

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Best credit cards for online shopping this festive season

The festive season is here and with it, you are likely to make several purchases from e-commerce pl…

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2 mins read

Sensex, Nifty50 likely to open in the red amid volatility: Adani group, SBI Cards, Indigo among stocks to watch

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Tuesday amid increase…

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3 mins read

Rashi Peripherals closes 3% ahead of issue price on debut day

Hardware distribution company Rashi Peripherals debuted on the bourses with a 7.7% premium on Wedne…

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1 min read

SBI Mutual Fund to come up with an IPO; SBI to sell 6% out of 63% stake via the public issue

India’s largest lender, State Bank of India (SBI) has informed exchanges on Wednesday that SBI Mutu…

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SBI Card share price has surged by 20% in July so far as India’s second largest credit card issuer beats lockdown blues

The SBI Card share price hit a low of ₹495 in May. However, since then, it has shown an upward t…

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SBI Cards IPO is open to investors ⁠— India's second largest credit card seller is hot even before its market debut

SBI Cards and Payment Services will sell shares in the upcoming initial public offering (IPO) set t…

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1 min read

Singapore government, HDFC Mutual Fund, Birla Mutual Fund invest in SBI cards and payment services

SBI Cards and Payment Services has raised Rs 2,769 crore from 74 anchor investors, ahead of its ini…

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2 mins read

How to check SBI Cards IPO allotment status

If you have applied for the SBI Cards IPO, you can check your allotment status by following …

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2 mins read

Yes Bank customers can get allotment in SBI Cards’ IPO — but with a condition

The financial crisis of Yes Bank has landed its customers in trouble. The Yes Bank account holders …

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3 mins read

Here's why SBI Cards share price may jump 30% in the next one year, according to Bank of America-Merrill Lynch

Despite being the second largest credit card issuer in India, SBI Cards has lost its sheen since it…

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1 min read

IPO-bound BharatPe appoints new CFO amid high-profile exits

Fintech platform BharatPe on Wednesday said it has appointed former SBI Card CFO Nalin Negi as its …

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3 mins read

SBI Card has surged 40% as lockdown blues blow over ⁠— but those who got shares in the IPO are still in the red

SBI Card was touted as a blockbuster initial public offering (IPO), but those who got shares allott…

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3 mins read

SBI Cards lists on the worst possible day and its stock slips 13% on debut

This is a rude shock for those who has received the allotment and were waiting with bated breath…

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2 mins read

SBI Cards lists 13% below offer price as Sensex crashes by over 2,000 points

The listing of SBI Cards, one of the largest IPOs of the year, came at the worst possible time for …

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4 mins read

₹10,000 invested in SBI Cards during IPO is worth about ₹6,700 now⁠— here’s why

The over 15% fall in SBI Cards and Payments Services share price on Monday (April 13) has tak…

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2 mins read

India has IPOs worth $5 billion lined up this year⁠— here’s a look at the top candidates

From a subsidiary of the country’s largest bank, the State Bank of India, to a burger joint rivalli…

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1 min read

Country sees 10 IPOs in Mar quarter; median deal size just USD 1 mn

"India recorded 10 IPOs (USD 1.41 billion proceeds and USD 1 million median deal size) in the…

PTI   


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SBI Cards gets Sebi's go ahead to float IPO

As per the draft papers, SBI Cards will offer up to 130,526,798 equity shares through offer for sa…

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SBI Cards IPO subscribed 87 pc on second day of bidding

The portion meant for qualified institutional buyers (QIBs) was subscribed 21 per cent, for non-in…

PTI