SBI card IPO, opportunities and threats

SBI Card IPO

SBI cards and payments services are to be listed on 16th March 2020, and its shares will be issued in the capital market between 2nd March and 4th March 2020. The IPO value of the shares is Rs. 9000 crores, and 13 crores shares will be sold between 2nd to 4th March. SBI cards and payments services plan to raise Rs. 500 crores from the capital market and is offering to sell its existing shares worth Rs. 9,854 crores via IPO. Market pundits are optimistic about the IPO and consider…

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