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SBI cards & payment services ipo

SBI Cards and Payment Services is all set to launch its IPO, which opens on 2nd March 2020 and closes on 5th March 2020.<br>Watch this presentation to get a clear understanding of the IPO so that you can make a decision of whether or not to apply for it.<br>Know everything about the SBI Cards IPO(https://www.edelweiss.in/new-issues/ipo-listing/sbi-cards-payment-services-ltd-ipo-20149) in this presentation

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SBI cards & payment services ipo

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  1. SBI cards & payment services ipo

  2. About the company SBI Cards and Payment Services is a subsidiary of the State Bank of India SBI Cards was launched in October 1998 by SBI and GE Capital It is the second-largest credit card issuer in the country Its share of the credit card market rose from 17.6% in March 2019 to 18.1% in November 2019

  3. About the ipo The SBI Cards IPO will open on March 2 2020 and will close on March 5 2020 The company is aiming to raise around Rs.9,000 crore The IPO will be a mix of fresh issue and an offer for sale SBI Cards plans to issue new shares worth Rs.500 crores and will offer up to 130.5 million shares for sale

  4. Why should you invest in sbi cards ipo? • Following are the reasons behind investing in SBI Cards IPO: • Second largest credit card issuer in India • Diversified customer acquisition capabilities • Support of a strong brand and pre-eminent promoter • Diversified portfolio of credit card offerings

  5. THANK YOU

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