The latest buzz in the stock market world is IPO of SBI Cards and Payment Services. This is the credit cards business arm of India’s largest bank, SBI (State Bank of India). If you have applied for SBI cards IPO during 2-5 March 2020, your shares will be allotted on 13th March 2020 as the terms and conditions of IPO. The allotment status of SBI Cards shares will be available in the following link of BSE (Bombay Stock Exchange) or Link Intime India website as mentioned below.
Check SBI Cards Shares Allotment Status on BSE:
1) Log on to https://www.bseindia.com/investors/appli_check.aspx
2) Select Issue Type: Equity
3) Select Issue Name: SBI Cards and Payment Services
4) Enter Your Application Number
5) Enter Your PAN Number
6) Click on Search
7) Check for shares under ‘Allotment Details’
8) Check for amount debit status under ‘UPI Status’
9) Check for Bid details under ‘Bid Status’
You can also check SBI Cards IPO Shares Allotment Details at Link Intime:
1) Log on to https://www.linkintime.co.in/home.html
2) OR log on directly to https://www.linkintime.co.in/IPO/public-issues.html
3) Select IPO: SBI Cards and Payment Services
4) Enter your PAN / Application Number / DP Number
5) Submit details and your allotment details will be displayed.
The market experts are predicting the share listing at a premium of Rs. 100-200 as the market is under correction due to carona, oil crisis and other global issues. Earlier it was estimated that the IPO will be listed with a premium of Rs.400-500 per share. The listing will be on 16th March 2020.