InvestorQ : How has the SBI Cards listing been on the stock exchanges where they have listed on 16 March 2020?
Anjana Aiyar made post

How has the SBI Cards listing been on the stock exchanges where they have listed on 16 March 2020?

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Arya Nanda answered.
12 months ago
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The SBI Cards IPO got listed at a discount of 12.5% at Rs.661 in the light of the weak market trends. This is much lower than most expectations since markets were expecting a listing at a premium. The grey market premium had fallen from a high of 60% to 10% but the discount was something that was hardly expected. One needs to wait and see how the stock price pans out during the day.

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