SBI update on proposed IPO issue of SBI Cards
(25 Feb 2020)
State Bank of India announced that the price band for the Rs 500 crore SBI Cards IPO has been fixed between Rs 750 to Rs 755 per share. The employee discount will be Rs 75 per share. The bid lot for the offer has been finalized at 19 equity shares and in multiples of 19 equity shares thereafter.