SBI Cards & Payment Services Ltd - Prospectus Synopsis
SBI Cards & Payment Services Ltd 
RHP
Registered Office : Unit 401&402 4th Floor E-1,2,3 , Netaji Subhash Place Wazirpur , New Delhi - 110034 , Delhi , India.
Phone : 91-11-61268100 Fax :
Email :investor.relations@sbicard.com Website : www.sbicard.com
Initial Public Offering of 137,149,314* equity shares of face value of Rs. 10 each (equity shares) of SBI Cards and Payment Services Limited (the company or the company or the issuer) for cash at a price of Rs. 755** per equity share (including a share premium of Rs. 745 per equity share) (the offer price) aggregating to Rs. 10340.79* Crores, comprising a fresh issue of 6,622,516* equity shares by the company aggregating to Rs. 499.33 Crores (fresh issue) and an offer for sale of 130,526,798* equity shares (the offered shares) aggregating to Rs. 9841.46* Crores, including 37,293,371* equity shares aggregating to Rs. 2811.85* Crores by State Bank of India (sbi) (promoter selling shareholder) and 93,233,427* equity shares aggregating to Rs. 7029.61* Crores by ca rover holdings (ca rover) (?investor selling shareholder? and together with the promoter selling shareholder, the selling shareholders and such offer, the offer for sale and together with the fresh issue, the offer). The offer included a reservation of 1,864,669** equity shares, for subscription by eligible employees (as defined hereinafter) (the employee reservation portion) and a reservation of 13,052,680* equity shares, for subscription by SBI shareholders (as defined hereinafter) (the sbi shareholders reservation portion). The offer less the employee reservation portion and the sbi shareholders reservation portion is hereinafter referred to as the net offer, aggregating to 122,231,965* equity shares. The Offer and the net offer constitutes 14.61*% and 13.02*% of the post-offer paid up equity share capital of the company, respectively. *Subject to finalisation of basis of allotment **The company and the selling shareholders in consultation with the brlms, have offered a discount of Rs. 75 per equity share to eligible employees bidding in the employee reservation portion. The face value of the equity shares is Rs. 10 each and the offer price is 755 and is 75.5 times the face value of the equity shares.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 3/2/2020 12:00:00 AM | 3/5/2020 12:00:00 AM | Rs 755 - 0 | Rs 0 - 0 |
| Minimum Application for shares in Nos : 19 Further Multiples of : 19 | |||
| Rs Cr | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 499.33 | Axis Capital Ltd |
| Project Financed through Current Offer | 10340.79 | |
| Post Issue Equity Share Capital | 499.33 | |
| Issue Price | Rs. 755 |
| Projects |
|---|
| The Offer for Sale is to allow the selling shareholders to sell an aggregate of 130526798 shares held by them |
| Promoted By | Listing At | Registrar to the Issue | |
|---|---|---|---|
| - | Link Intime India Pvt Ltd |
2024, IIFL Securities Ltd. All Rights Reserved
Follow us on
ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.
IIFL Securities Support Whatsapp Number
+91-9892691696
+91-9892691696Download The App Now
MARKET
IDEAS
MUTUAL FUNDS
TRADING DOCUMENTATION
CALCULATOR
GLOSSARY (A-Z)
2024, IIFL Securities Ltd. All Rights Reserved
Follow us on
ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.