IFLR1000

SBI Cards NSE/BSE IPO

19/3/2020
IPO
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Re 103.41 billion

$ 1.382 billion

Completed

19/3/2020

Overview:

  • Payment solutions provider SBI Cards has raised Rs103.41 billion through its IPO on the NSE and the BSE.
  • This marks the largest and first billion-dollar IPO in India since 2017.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sectors:

Banking
Financial services

Firms:
Cyril Amarchand Mangaldas

Party: Axis Capital (Lead Manager)

Party: BoA Merrill Lynch (Lead manager)

Party: HSBC Securities & Capital Markets (Lead manager)

Party: Kotak Mahindra Capital Company (Lead Manager)

Party: Nomura Financial Advisory And Securities (Lead manager)

Party: SBI Capital Markets (Lead manager)

Lawyers: Devaki Mankad, Gokul Rajan, Yash Ashar

Latham & Watkins

Party: SBI Cards (Issuer)

Shardul Amarchand Mangaldas & Co

Party: SBI Cards (Issuer)

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