Detailed IPO Comparison of SBI Cards with IRCTC / USFB & their subscription trends SBI is 2nd Largest IPO in India with Rs.10,354 Crores and that too in such falling crashing market it got subscribed almost 27X i.e. 2700% !!!
This is extremely positive sign and Good for Investors who get allocation
SBI Cards IPO - Subscription Day 4 - IPO Receives 2654% Subscription overall from all Categories ! Unexpected Response in such a CRASHING MARKET !!!
QIBs play master stroke on Final day of Bidding and Take Subscription to another Level !! HNI Takes it to another level from 242% to 4371%
On Day 2 , SBI Cards on 88% Subscription is really disappointing but whats exactly happening ?? Why Such under subscription despite of such enthusiasm amongst investors from late 2019 ?? Why Grey Market Premium fell to Rs.180 from Rs.380 ? but On Day 3 Everything Changed !!! QIBs entered with huge BIDS and entirely changed the game !!!
Watch this FULL VIDEO ANALYSIS before applying to SBI Cards IPO
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1 Lot of SBI Cards - 19 Shares
Price band - Rs.750-Rs.755
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