Skip to main content

Should You Buy SBI CARDS IPO?

Should I buy SBI CARDS Shares

Should You Buy SBI CARDS IPO?

Hello guys, I hope you all are enjoying the bloodbath of stock market. Yes, you listened right. If you are not enjoying this then I must say you don’t know the basic rule of investing. 

If you are panicking then you are not an investor. Just chill, and prepare for shopping. Big companies are going on sale. I am ready, are you?

In this post I will discuss about most talked IPO issue of this year. Yes, I am talking about SBI CARD IPO ISSUE 2020. I hope you all are ready to apply for this IPO because you are regretting now by not investing in IRCTC IPO. 

I will talk some key points about SBI CARDS IPO ISSUE and will give my opinion on this issue. SO stay calm and read this full article.

This IPO is going to raise 10,289 crore-10355 crore in this issue. 

Price band of this share is fixed at 750-755. So if you want to be lucky and get the shares then bid at highest price range which is 755/- per share. 

If the shares got oversubscribed then only the lucky shareholders will get this share. 1 lot will consist of 19 shares. That means you have to apply for at least 1 lot for 14345/-

It is talked that this issue is having a premium of 250/ to 350/- in grey market. That means you can get these as listing gains. But as the corona virus is spreading in global economy, we can’t tell if the listing gains wipe out within minutes.

So only apply if you are a genuine investor and want to hold this share for lifetime as a memory. Yes, this is a memory. This will remind you the steep fall of market, this will remind you the CORONA VIRUS EFFECT, and this will remind you the sentiments and excitement of market.

So what’s my opinion? I have already discussed. I am going to apply for this IPO and I am going to gift it to my grandchild instead of giving them credit card. Are you planning for the same, comment in comment box and let me know your thought about this issue.

What should you do in this bloodbath of market? I will write an article on this. SO stay tuned to my page. There is nothing to worry. These are just the phases of market.
Thank You



Popular posts from this blog

Success Story Of Colgate, One Of The Bestselling Toothpaste Brand

Success Story Of Colgate, One Of The Bestselling Toothpaste Brand
"It cleans your breath while it cleans your teeth", can you guess whose slogan is this. If you have guessed correct then today I'm going to tell you the success story of one of the best selling toothpaste brands of India i. e. Colgate. It's popularity can be measured by thousands of situations where the term toothpaste is replaced by Colgate in India. Do you know, this brand came into being almost 210 years ago, introduced by Williams Colgate. And initially, this company used to produce soaps, not toothpaste that too in jars and not tubes. So now, let's get back to the beginning of the story. 

Also Read
Success Story Of Haldiram Bujhia
Success Story Of AmulHow Maggie Became Successful?
The founder of Colgate, Willam Colgate was born on 25 Jan 1783 in England. His father was a farmer. But later, they shifted to Maryland in the US where his father along with a friend began to make candles and soaps. Unfo…

What is SIP? It's Advantages and Disadvantages

Hello friends, in this post we are going to discuss about SIP, its advantages and most importantly which no one will say you, its disadvantages.

So imagine what we used to do in 90's when we were kids. People had piggybanks but I personally had a small box where I used to put coins whenever I get money. There was a lot of emotions behind that and specially I used to fight whenever anyone touched my box. Imagine how our grand parents were saving money. The -most common sources were
Fixed Deposits(FD)Recurring Deposits(RD)If I will explain the true meaning of SIP then it will be similar to Recurring Deposits. SIP is modern era's RD. So what does SIP do? In SIP a professional invest money in capital markets on behalf of his/her clients. It's as simple as that. It's as simple as planting a small tree. It is as simple as taking care of your small baby.

Advantages of SIP:-

Safe From Market Fluctuation - One of the most important and remarkable advantage of SIP is, it saves yo…

Inspirational Story Of SONY, The Japanease Giant

Hello friends, today I'm going to discuss one of the most popular Japanese Multinational Corporations - Sony. It is such a famous company that people blindly believe its products by its name. And why not? There is hardly any product that would dissatisfy the customers. When it comes to the sound system, Sony stands out of the crowd. 

Also Read
Successful Story Of BMW
Success Story Of Rolls Royace
Success Story Of Jaguar
According to 2016, Sony is the fifth largest television manufacturing company in the world. The whole world of Sony is divided into various groups like Sony pictures, Sony finance services, Sony Mobile etc. Now let's get to know the success story of Sony from the beginning.

The story started with the World War when Ibuka and Morita two men were following their dreams. Ibuka was running a radio repair shop in Tokyo when he met Morita, 13 yrs younger to Ibuka. Then, both of them decided to start a business. And then taking a loan of 500 dollars, they started Tokyo Tele…