Thursday, 20 February 2020

SBI CARDS IPO DATE.

The Initial Public Offering (IPO) of SBI Cards and Payment Services is expected to be launched between March 2-5, and the total dilution could be around 14 percent through public offer, according to a CNBC-TV18 report.

The business channel also reported that that SBI will dilute 4 percent and Carlyle would dilute its 10 percent stake with the SBI Cards public issue.

The report noted that SBI is likely to raise Rs 2,780-2,880 crore with this IPO.

The offer price for IPO is likely to be fixed between Rs 745-775 per share and with this, SBI Cards is likely to be valued at Rs 69,500-72,000 crore post listing, according to the sources quoted in the report.

SBI Cards intends to use the proceeds of the fresh issue for augmenting its capital base to meet its future capital requirements.

Currently, State Bank of India holds 74 percent stake in SBI Cards and the rest is held by CA Rover Holdings, an affiliate of Carlyle Asia Partners IV.

Disclaimer - Make your own research before taking any decision on buy or sell of stock or ask to your financial advisor i have just shared this post for information purpose only.

199 comments:

  1. Good evening raj sir
    I m holding muthoot capital in cash @582. Can I expect 700 or 800 or 900 in 2-3 months

    ReplyDelete
  2. Good evening Raj sir, I seek ur view on Laxmi machines trading around 3250.. FIIs are increasing their holding slowly slowly and the stock is trading at almost 50% discount of its high. I have two queries
    1. Is it fundamentally strong or super strong company?
    2. Kitna niche aur ja sakta hai, where should we start buying and till what level.
    Thanks for your time and support

    ReplyDelete
    Replies
    1. Buy near 3000 if your view is long term

      Yes it is good fundamental stock

      Delete
  3. hy friend Raj Dattani
    6K is getting benifit with ur calls, thanks 2 u
    whats the future of IRCTC, its going up and up, any update abt this .

    ReplyDelete
    Replies
    1. Yes it is like a bubble avoid it

      If you are holding than book it

      Delete
  4. HELLO RAJ SIR,

    CAN YOU PLEASE TELL ME WHAT IS THE PROCEDURE TO BECOME SEBI REGISTERED ANALYST....??

    I am a cs final student....n I want to become SEBI REGISTERED ANALYST...

    PLEASE GUIDE ME FOR THE SAME...!!

    ReplyDelete
    Replies
    1. Process is much long so for detail information check on nism website and Google as it is much long to explain here and I don't share my personal info anywhere so we can't talk on phone and explain about it so please don't ask for number

      Delete
  5. Sir,can we expect bajaj auto gap up on Monday?Is it good decision to buy on Monday Bajaj auto share for short time?

    ReplyDelete
    Replies
    1. Yes it will definitely gap up

      If not open much gap up than you can buy it

      Delete
  6. Good evening raj sir just have a look at pnb housing Finance trading around 416 very much discounted rates from its high. Fiis are also increasing their holdings on regular basis.. Please suggest about the fundamentals and technicals of the stock. Can we buy this for multibaggar returns in 2-3 years.

    ReplyDelete
    Replies
    1. Pnb housing major support at 370 so if you want you can buy it but keep Strict sl of 370

      Delete
  7. What is the target for nifty Feb series

    ReplyDelete
  8. Sir I have bought ITC 210 strike prize call option on 2.5 & now its 1.65 & lot size is 2400 qty..what should I have to sell or hold on Monday or wait till expiry ?

    ReplyDelete
  9. Sir what happen your reply showing reply delete of my question ?

    ReplyDelete
  10. Good morning Raj sir
    I seek ur view on Spandana Spoorthy at cmp 1098.
    Is it fundamentally strong company for short to mid term investment point of view
    At what level we should buy it?
    How much returns can be expected?
    Thanks in anticipation sir

    ReplyDelete
    Replies
    1. There are many better stocks available than it currently hold on book near 1200 shift to credit access gramin or au small or ujjivan small

      Delete
  11. Sir yor view on Reliance & Titan plz...
    Reliance i have 1500 ce @ 19.50 & Titan 1320 ce @ 22.50.....Sould hold till expiry or exit early

    ReplyDelete
  12. Hello Raj Sir,

    What is your view on Titan, Is it good time to buy expecting good returns in 3-4 months

    ReplyDelete
    Replies
    1. If your view is long term than buy otherwise avoid

      Delete
  13. I have coal india@179 what's your view please say

    ReplyDelete
  14. SBI card how many lot we can apply it can we apply in shareholder category and others both ? Your view on this can this will open at 1000 is it good to hold for long term or can we exit once it touch @ 1000+

    ReplyDelete
  15. Sir I am holding bajajauto at 50@3200 and bajaj holding at 50@3900.

    As they both have news of dividend, can I buy more to get more dividend, I hope I'll be eligible for dividend if I buy on Monday.

    Also what's ur view on both stock for next 3-6 months.


    Please share support and resistance.

    I have inventedallmy capital in these 2 stocks.

    ReplyDelete
  16. RAJSIR TOMMOROW AUROPHARMA WHAT LEVEL CAN GO WANT TO SHORT SELL TOMMOROW PLZ REPLY

    ReplyDelete
    Replies
    1. Till I have not suggested for trade in it shared for information purpose only 80-90 rs fall is possible

      Delete
  17. Sir,
    Is this a right time to invest in Gillette.
    Reason behind the sudden fall.

    ReplyDelete
    Replies
    1. Reason is some other lower brands capturing market share

      But if your view is long term than buy here and add more on dips if your view is of 5 years+

      Delete
  18. Sir, I earlier purchased some shares of raneholding @ 780 per share now it's price is 680 per share. Should I buy the shares at this rate in equal quantity to reduce the avg buying price.
    Please suggest sir.

    ReplyDelete
    Replies
    1. No hold what you are holding don't buy new

      Delete
    2. Sir what is the expectation from raneholding in long term. Please suggest.

      Delete
    3. It is not a stock for long term

      For me it is a trading stock

      Always buy strong fundamental stocks for long term

      But currently rane holding has fallen much so no need to exit but hold what you are holding exit when get good profit and shift to strong stock like

      Hdfc bank ; Britannia ; hul etc

      Delete
  19. Hi Raj, bought 50 bajaj auto at 3035 each. Should hold on to it? What is your view for 2-3 months for bajaj auto?

    ReplyDelete
  20. Hi Raj,
    I am holding Ceatltd @1040 fr a year.
    Could you please suggest if I holding is good or need to book loss and invest in other stocks

    ReplyDelete
    Replies
    1. Yes if your view is long term than hold tight

      If your view is short term than exit on rise

      Delete
  21. Sir g ye kya ho raha hai mrkt me roz kyu itna niche ja raha koi specail reasn hai ya aise hi gir raha hai.
    Ab nifty k liye agla support or resistance kya hoga

    ReplyDelete
    Replies
    1. Already said on 17th feb sell on rise

      First support at 11670-11700
      Resistance simple 12000

      Delete
  22. All calls are rocked and i earned 7k sir.Thank you.
    Today i bought 100 bajaj auto shares o. 3077 by expecting rs120/- dividend by march 9th.It was down about 90 points.Pls guide us regarding this share.

    ReplyDelete
    Replies
    1. You are welcome enjoy

      Bajaj auto if you have bought for dividend or long term than hold on

      Otherwise exit on rise

      Delete
  23. Sir,today all shares are almost negetive but your Tatametali btst on Thursday only positive.you are great sir.

    ReplyDelete
  24. Sir,
    Any view on Gold support &resistance
    Pls do share

    ReplyDelete
  25. Sir,
    Will nifty hold 11600 level in coming days

    ReplyDelete
    Replies
    1. First support is near 11700 so watch it first

      Delete
  26. Sir i m having mindtree ce option 1060 today @ 10.4 now what i do ..exit or hold pls suggest

    ReplyDelete
  27. Hi sir whats your view on ajanta pharma and venkys for short term

    ReplyDelete
    Replies
    1. Ajanta Pharma buy on dips

      VENKEYS avoid

      Delete
    2. Can i know support and resistance of venkys and ajanta pharma

      Delete
    3. VENKEYS avoid

      Ajanta support 1330-1365
      RESISTANCE 1500

      Delete
  28. Hello Raj Sir,

    I brought Havells @ 620 can you please suggest Support & resistance levels

    ReplyDelete
  29. Hi sir
    Can you share your views for Muthoot finance for feb series, is it possible to reach 980 in current expiry?
    Thanks

    ReplyDelete
    Replies
    1. Yes possible buy on dips major support near 880

      Delete
  30. Hi Rajji, can u please share Ur views about ipca lab.suport and resistance pls.

    Thanks
    Joseph

    ReplyDelete
  31. Hi Rajj,
    I have been your follower for the past 6 months. Your calls and prediction are very good. Specially I follow your guidance during risky market time.i have below mentioned stock for the past 1 year grateful if you advice on it.
    Name- Rathish
    Script- Karur VYSYA bank
    Time frame- 1 year
    Qty-3000 shares

    ReplyDelete
  32. Hi,Raj sir please provide your view on Bajaj holding i bought @ 3823 & HIL @1356 SHALL I HOLD PLEASE GIVE YOUR VIEW SIR
    THANK U

    ReplyDelete
    Replies
    1. If your view is long term than hold Otherwise exit on rise

      Delete
    2. Sir can you please share long term means approximately time frame ?

      Delete
  33. Hello Sir,

    What is your view on RIL (Reliance) is it now good time to buy? Please suggest.

    ReplyDelete
    Replies
    1. If your view is long term than it is good buy

      For short term avoid

      Delete
  34. Sir i have 5000share of Indian bank at 100/= a d oriental bank share at 53/=10000 share.i m in loss of 280000/=.Sir i have earned 300000/= in your call trading for 5 months.Sir should i exit in bk shares in loss.

    ReplyDelete
    Replies
    1. Exit on rise can be your strategy

      Shift to strong fundamental stock

      Delete
  35. Hi raj sir i have 8000 qty of ujjivan small finance @61 now its trading around 49 what should i do hold or booked a loss please guide me i will waiting for your reply

    ReplyDelete
    Replies
    1. It depends on your timeframe

      If your view is long term than hold
      If your view is short term than exit on rise

      Delete
  36. Hi Raj,
    View on Tata global(consumer)
    Icici Lombard both can I.
    buy @ CMP view is long term.

    ReplyDelete
    Replies
    1. Tata global still wait for correction

      Icici Lombard buy 50% here and add on dips

      Delete
    2. Tata global support near 330-335 buy there if get

      Delete
  37. Raj sir pla suggest can we enter iolcp @ 270-275 this level...

    ReplyDelete
    Replies
    1. Currently I don't recommend but if you want to take risk than you can buy but keep strcit Sl of 269
      So very small risk

      Delete
  38. Hello Sir, Can you please share support and resistance for ICICI

    ReplyDelete
  39. Good evening raj sir i bought banknifty pe 29800 @ 170, 5th march expiry. What should be my minimum expected target for tomorrow?
    Tomorrow market gap up or down?
    Please suggest the banknifty and nifty levels for tomorrow?
    Is market still bearish or not?
    Thanks sir

    ReplyDelete
    Replies
    1. Sell on rise is view on market not at lower levels

      Currently premium is much higher so options may go down

      Delete
  40. Hi sir whats your view on godrejcp.
    What will be its support and resistance

    ReplyDelete
    Replies
    1. Godrej cp

      Support 575 resistance 660

      Delete
    2. It can be a gud buuy near 570/75 for short term

      Delete
    3. Short term avoid

      If your view is long term than only buy

      Delete
  41. Sir we have issued with Corporation bank shares of 10000 qty at the rate of 22... The lockinf period is getting over by 9th march 2020.. Presently I am in loss.. Pls see the chart and guide me whether to hold or book loss exit..thanks

    ReplyDelete
    Replies
    1. If your view is of 1-2 year than hold exit cost to cost or above your price when get and shift to better fundamental stock

      Delete
  42. Sir, I am holding BoB at 94. It has now fallen to 78 similar to most of the public sector banks. Has it bottomed out yet or more fall possible? Or is it a good idea to square it

    ReplyDelete
    Replies
    1. Yes exit on rise if your view is short term

      If your view is long term than hold

      Delete
  43. Hello Raj sir,

    Rquest ur view about market nifty again fall down our raised in up coming days

    ReplyDelete
    Replies
    1. When virus medicine will be found it will again start UPMOVE

      Till that just wait and watch

      Delete
  44. Raj bhai nifty k baare me aapka kya view hai.
    Ye blood baath kaha pe jaake stop hoga.
    Koi support level hai niche me nifty ka jaha se bounce back ho sake

    ReplyDelete
    Replies
    1. Bro I am not god so I can not say where it will stop

      Support at 10800

      Delete
  45. Sir helw hi had shorted ninfty today @11300 should i hold or exit.
    What will be strick sl and tr.
    Will monday also we can see heavy selling?

    ReplyDelete
    Replies
    1. Keep Sl as per your wish and keep trailing it book if open gap down

      Delete
  46. Sir,
    View on $ till what levels u see $ in near future

    ReplyDelete
  47. Sir india gdp is marginally up 4.7% to 5% is dis gud news for indain markt.
    Will it aupport to bounce back on monday in nifty sensex and bank ninfty

    ReplyDelete
    Replies
    1. This news is nuetral

      If global market recovers than only market will go up

      Delete
  48. Rajbhai loved Ur answer " when virus medicine will be found market will go up".😊😊. Holding JSW Steel 240PE @ 5.8 and RBL 280 PE @ 6.85 with a view that they are at least going to touch their 52 week lows. Your views bro

    ReplyDelete
  49. Sir,
    Today's low of nifty will be bottom for this year or more -2% what say sir what's your view

    ReplyDelete
    Replies
    1. No one can say this ...

      Depends on market only

      Delete
  50. Raj sir holding 1200 put at 81 of shri ram transport March series. Now at 62.plz auggest

    ReplyDelete
    Replies
    1. Call put only exit

      Mostly all call put becomes 0 only

      They are just a lottery game

      Delete
  51. RAJSIR WHAT IMPACT IT WILL MAKE IN SBI CARDS IPO AS CORONA FEARS MAKING MARKETS NEW LOWS

    ReplyDelete
  52. Sir corona virus ki vajahse marek crash hai. To is time sbi ka issue bharna chahiye?

    ReplyDelete
  53. Raj sir I bought 3000shares appolo tyre
    @141.50 should I hold for longtime or as per current conditions should exit

    ReplyDelete
  54. Can we apply for sbi ipo seeing market condition..

    ReplyDelete
  55. Hi sir..Your view on VEDANTA plz..when can we buy for long term investment. How much more down side ur expecting in vedanta?

    ReplyDelete
    Replies
    1. 1st support is near 100 than 90 and last support at 60

      Delete
    2. If you want buy in part of 25% and add on dips

      Delete
  56. Sir I bought 20 irctc at 1500. Should I sell it or wait . What is it view of buying affle India at this current decreased price, or should I wait for more dips. Please suggest

    ReplyDelete
    Replies
    1. IRCTC yes you can book profit if you have bought for short term

      Affle india is good buy near 1600-1700

      Delete
  57. Sir, can i hold midhani. Rites and srie infra for one year

    ReplyDelete
  58. I adore YOU, vision clear, perfect analysis, not a single person like you in market, helping us without any expectation.
    Sir, market crashing. I wish to invest 1lakh for 4 months, HDFC life , Wipro any other, pl suggest

    ReplyDelete
    Replies
    1. Thank you

      Hdfc life is good but on dips

      Buy near 500 if get

      Delete
  59. Sir,i have bajaj auto,Tcs,Hdfc ltd,hdfc bank,sbi shares worth 17 lakhs, but out of that i took 7 lakhs morgin from Angel broking.Now 60 thousand loss is going on.Sir,i want to be credit free,pls suggest which One i have to sell on Monday-if market raises.Pls suggest me all shares are equal ratio.

    Thanks sir.

    ReplyDelete
    Replies
    1. All stocks are of good fundamental

      You can exit sbi and hdfc bank as they are not down much

      Bajaj auto also exit near 3000 if get

      Tcs ; hdfc hold on

      You can add reliance and hul on dips

      Delete
  60. Sir g sgx nifty hase given close 58 point up.
    Nasdaq has recover 300 point from its low and close in minor green.
    And dow jones also hase recover almost 700/800 point from lower level.
    Will it effect on indian market on monday.
    Can we see some up move and bounce back from 11200.

    ReplyDelete
    Replies
    1. Yes some bounce is possible but my view is clear currently sell on rise when view will change I will update

      Delete
    2. Since 12150 i am continuously saying sell on rise hope you have atleast saved lot of money if followed my advice

      Delete
  61. Sir i have ibulhsgfin FUTURES 4 lot at 324/= Now price is 278/= My loss is 200000/=.What should I do.What stoploss should I keep.And what price should I exit.

    ReplyDelete
    Replies
    1. Bro first of all you have bought very weak fundamental stock and also asked very much late

      330 was it's major support which is already broken now exit on any rise and shift to better fundamental stock like RELIANCE industries ; tcs ; Hul etc

      Delete
  62. Sir g agr koi reaserch compny ya koi bade scientis ne is corona virus ki vaccein dundhli or wo bole ke is vaccien ko banane ne ya tyyar hone me 80/90 din lag jayenge.
    To kya 80/90 din tak marker aise hi zor zor se girt rahe gya ya thoda stable hoga, m

    ReplyDelete
    Replies
    1. No virus effect can not last for this much days maximum 1 month

      Delete
  63. Sold 11600pe at 210 , Now at 523 ,March Expiry ... Loss of 26000/- Now ... Bad was I didnt hedge. Looking at 11000 as Support , Kindly advice.

    ReplyDelete
  64. Sir thank you for all your recommendations. Could you suggest 2-3 good MNC stocks for long term that has potential to give good returns 3-5 years.

    ReplyDelete
  65. Sir
    Your recommendations are awesome..

    Please provide your advice on maximizing allotment possibilities in RII category SBI cards IPO...
    Will bidding for full 13 lots (247 shares rs 1,86,485) get us a good chance?

    ReplyDelete
  66. Raj bhai, I have seen your prediction about Nifty, have can we understand that Nifty is falling like it did in last week

    ReplyDelete
  67. Hello
    I bought suran solar at Rs.26
    Is it good to hold still to recover for next 3-5 years or better exit at current market price with loss

    Thanks in advance for feedback

    ReplyDelete
  68. Good morning raj sir i bought shriram transport finance future@1245 as btst what should be my sleep and minimum expected target for tomorrow? Should I expect gap up? I can hold for two-three days als, if you recommend. Then what should be my target and sl in 2-3 days?

    ReplyDelete
    Replies
    1. Bro I am tired to say don't buy sell on rise till you are doing BTST means not following me so meaning of my advice

      Delete
  69. Hi Raj Sir,

    Please share your view on Tata steel and VIP to buy at current market price. Is further down fall possible

    ReplyDelete
    Replies
    1. Buy only when market reverse till that just wait and watch

      Delete
  70. Sir g if i apply for 114 share for sbi card
    So can i aloted 114 share.
    Or the allotment will be of 19 only

    ReplyDelete
    Replies
    1. It depends upon your luck but mostly chance is of 19 shares only

      Delete
  71. sir, i have 400 share qty of yes bank. avg.price 70-75.
    please share you view to hold,sell or more buy for avg. ?

    ReplyDelete
    Replies
    1. If you want to play hero or zero than buy otherwise exit on rise

      Delete
  72. Thanks for your advise on my holding shares,i sold sbi and Hdfc bank shares at market open and saved alot. Still i have 200 Bajaj Auto shares for the dividend purpose.Present 34 thousand loss is appearing.Can i hold til get the dividend or Exit on rise.Pls suggest me.

    ReplyDelete
  73. Sir,
    What's the view on Dmart after the announcement of entering into T2T?

    ReplyDelete
    Replies
    1. Long term positive view

      Short term negative

      Delete
  74. Raj sir as today nifty closed 11300 and
    Fed cuts rate now what level nifty expected
    Tomorrow and shall I continue sell on rise until 12000 nifty please guide

    ReplyDelete
    Replies
    1. Currently 11400 is resistance and 11160 is support watch it

      Delete
  75. Hello sir

    My target is below for diff. Share can it achieve or not????if yes then wat is approximate time line????

    1 RVNL 30
    2 HDFC AMC 5000
    3 UJJIVAN SMALL FIA. BANK 70+

    THANKS in advance

    ReplyDelete
    Replies
    1. Yes it can be achievable keep view of 2-3 years

      Delete
  76. Dear sir

    What's levels for Nifty now onwards please

    ReplyDelete
  77. Hello sir
    You are genious...
    Any tip for tomorrow nifty and bank nifty trend?
    I have 1050 quantity of 11400 pe

    ReplyDelete
    Replies
    1. View currently sell on rise only

      But let's see market tomorrow than only it can be known as daily movement is different

      Delete
  78. Sir whats your view on sbi card ipo.
    Will corona virus effect on it.
    Some pepole are saying that it open @20/30 rps discount

    ReplyDelete
    Replies
    1. It may open gap up only 20% + returns easily possible

      Delete
  79. Raj bhai aise konse shares hai jo korona virus ki vaja se zor zor se niche gir raha hai.
    Or aise konse share jo is virus se usko up move milegi.
    Agr aap share kare to hum aise share jisko is virus ka effect hoga use door rahi or jis share ko fayda hoga wo kharid sake

    ReplyDelete
    Replies
    1. Dr lal ; 3M india ; dr ready and all hospital stocks get benifits

      Pvr ; jubilant food ; irctc like stocks can move down

      But already it has moved

      Delete
  80. Sir,I'm holding Alembic pharma @670, please review it, if it will rise in short period ?

    ReplyDelete
    Replies
    1. Currently 630 is major support

      Above it good below it weak focus on it

      For long term it can definitely hit 900

      Delete
  81. Hello Raj,

    Any updates on Indian Bank. As you know this stock is not moving up.

    Yesterday cabinet approved all the PSU bank Merger. I'm very much worried. Please let me know by when Indian Bank starts to move. I have more quantity. I cannot come out due to more quantity and gap.

    Thanks
    Govind

    ReplyDelete
    Replies
    1. Already said you many times when all psu banks will rally than only it will move up so if. you want to hold for long term than why are watching it daily otherwise exit on rise and shift to better fundamental stock is only strategy you can use

      Delete
  82. When u give the sell or buy call , price already moved by 3-4 inr.. Can u post the screen shot of price when u take the trade ?

    ReplyDelete
    Replies
    1. Yes it may happen Bro when I write post and post you read it and than search that stock till that some time have gone and those who react fast can get near that price as we generally take momentum call so it price changes very fast

      If you are making profit from my calls than trade in it if you are losing than don't trade in my calls as I don't want people to lose money

      And don't expect more than this from me.

      Delete
  83. Sir, is it the right time to buy irctc and affle India stocks at the current price of 5th March 20?? Is there more downfall or correction left ?? Should I buy it please suggest .

    ReplyDelete
    Replies
    1. Wait when it start upmove till that just wait and watch

      Delete
  84. Hi sir
    Your calls are truly awesome

    I bought L&T 4 months back @ 1453

    Kindly advice if I can hold it further.
    If hold, kindly suggest optimum period of holding

    ReplyDelete
    Replies
    1. Exit and shift to other stock like Britannia ; HUL or Bajaj finance on dips

      Delete
  85. Sir is it the right time to buy yes bank shares ??

    ReplyDelete
    Replies
    1. Avoid it buy only strong fundamental stock

      Delete
  86. Hi view on SBI tomorrow

    ReplyDelete
  87. Sir, your view on Mfsl.. I'm holding Mfsl future @605..

    ReplyDelete
  88. Sir i have bought bajaj holdings @3786 so shall buy more @2950 for avg or book loss ??

    ReplyDelete
    Replies
    1. Clear view

      If your view is long term than add more on dips

      If your view is short term than exit on rise not at current levels

      Delete
  89. There are many better stocks than it

    Buy only strong fundamental stock

    ReplyDelete
  90. Rajbhai, I'm holding Alembic pharma for short term @ 670, should I exit or hold ?

    ReplyDelete
  91. What bottom to be expected in nifty ?

    ReplyDelete
  92. When u suggest stock for buy cmp then stock all rrady goes up..please u suggest this type stock when u suggest stock will be same prize u suggest .okkokkk

    ReplyDelete
  93. Suresh vemulapalli9 April 2020 at 18:00

    Hi bayya, please provide your contact details, i would like to reach to you, your calls are excellent.

    ReplyDelete
    Replies
    1. Contact it is not possible

      Just be updated on telegram channel

      Delete
  94. Sir I took Indian bank and union bank could u suggest me when to sell

    ReplyDelete