IPO Size
Price Band
Minimum Lot Size
Face Value
Employee Discount
Retail Allocation
Issue Open Date
Issue Close Date
Listing Date
SBI Cards and Payment Services Private Limited was incorporated in 15th May 1998; headquarter in New Delhi. It is second-largest credit card issuer in India, with a 17.6% and 18% market share of the Indian credit card market in terms of the number of credit cards outstanding as of March 31, 2019 and September 30, 2019, respectively, and a 17.1% and 17.9% market share of the Indian credit card market in terms of total credit card spends in fiscal 2019 and in the six months ended September 30, 2019, respectively, according to the RBI
No. |
1 - Company |
2 - Directors |
3 - Promoter |
|||
Entity Name |
By the |
Against |
By the |
Against |
By the |
Against |
Criminal |
33,075 |
- |
- |
2 |
88 |
1 |
Tax |
- |
15 |
- |
|
- |
Over 521 |
Regulatory |
- |
3 |
- |
1 |
- |
1 |
Civil |
3 |
17 |
- |
|
2 |
19 |
Amt. (in |
950.99 |
4,787.39 |
- |
25 |
4,03,374.90 |
6,45,197.90 |
|
Total Revenue |
Total Expenses |
Net Worth |
PAT |
30-Dec-19 |
72,401.56 |
56,214.83 |
48,288.22 |
11,612.07 |
31-Mar-19 |
72,868.35 |
59,552.34 |
36,532.37 |
8,627.22 |
31-Mar-18 |
24,245.75 |
44,508.48 |
24,245.75 |
6,011.42 |
31-Mar-17 |
34,710.38 |
28,994.14 |
14,488.19 |
3,728.61 |
CAGR (%) |
45% |
43% |
59% |
52% |
FY20E |
50292.03 |
41553.21 |
23006.26 |
5671.64 |
FY21E |
72868.35 |
59552.34 |
36532.37 |
8627.22 |
*Note: CAGR is calculated from 31st Mar 17 to 31st Mar 19 & 31st Mar'19 is taken as base year
On financial performance front for the last three fiscals, SBI Cards has posted total revenue/net profits of Rs 372.8 cr. / Rs 3,471 cr. (FY17), Rs 601.14 cr. / Rs 2,424.5 cr. (FY18) and Rs 862 cr. / Rs 7,286 cr. (FY19). The company has posted CAGR of 45% in revenue and 52% in net profits.
As of September 30, 2019, the company has a sales force of 33,086 outsourced sales personnel operating out of 133 Indian cities.
The Promoter of the Company is SBI.
There are no listed companies in India which are engaged in the same line of business
The object of the Offer for Sale is to allow the Selling Shareholders to sell an aggregate of up to [●] Equity Shares held by them. The company will not receive any proceeds from the Offer for Sale.Offer for Sale Size is of Rs 9,854.77 crore
The net proceeds of the Fresh Issue, i.e. Gross proceeds of the Fresh Issue less the Offer Expenses apportioned to the Company (