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SBI Card IPO worth Rs 10,335 crore receives subscription of 7%

SBI Card IPO worth Rs 10,335 crore receives subscription of 7%

Monday, March 2, 2020, 12:00 PM

The initial public offering of SBI Cards and Payment Services, the subsidiary of country's largest lender State Bank of India, has been subscribed 7% so far on March 2, the first day of bidding. The public issue has received bids for 91.41 lakh shares against IPO size of more than 10 crore shares excluding anchor investors' portion, as per the data available on exchanges.
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