Thursday, 5 March 2020

SBI CARDS SUBSCRIPTION STATUS.

The Rs 10,355-crore public offer of the country's second largest credit card issuer SBI Cards and Payment Services has been oversubscribed 26.22 times so far on the final day of bidding, March 5.

The offer has received bids for more than 262.94 crore equity shares against the IPO size of over 10 crore shares (excluding anchor book over 3.66 crore shares), the exchanges data showed.

The portion set aside for non-institutional investors (high-networth individuals) is subscribed 43.71 times, and that of retail is subscribed 2.48 times.

The reserved portion of employees saw a 4.73 times subscription, while that of State Bank of India's shareholders portion is oversubscribed 25.08 times.

SBI Card will offer shares to its employees at a discount of Rs 75 over final IPO price that is expected to be decided in the next couple of days.

The qualified institutional buyers' portion, which closed on March 4, was subscribed 57.18 times. Meanwhile, the company garnered Rs 2,768.55 crore through anchor book, which closed on February 28.

Disclaimer - This post is for information purpose only make your own research before taking any decision on buy or sell of stock or ask to your financial advisor.


164 comments:

  1. Sir, what will be listing price According to you..?
    Thanks

    ReplyDelete
    Replies
    1. Currently no one can say about it but I am expecting 20% listing gains

      Delete
  2. Sir can each demat ac get alloment like a form allotment possible on this sbi ipo or not

    ReplyDelete
    Replies
    1. No all will not get but every 2-3 people 1 can get allotment in retail catagory

      Delete
    2. Sir I want Hold birla corporation and graphite still now what I do

      Delete
    3. Then i am holding at Graphite india What about ur view ???

      Delete
    4. Hold on graphite support at 160

      Birla corp support at 525

      Delete
  3. Sir I have applied this ipo which price will listing a day

    ReplyDelete
    Replies
    1. Currently no one can say about it but I am expecting 20% listing gains

      Delete
  4. Sir what is view about listing gains of sbi card ipo.... regarding current market

    ReplyDelete
  5. Sir sbi can buy is this gud news for yes bank.
    If sbi buy yes bank what will happen to yes bank.
    And who r hodling yes bank from 400/425 will they get shares of sbi??

    ReplyDelete
    Replies
    1. Till now there is no clearity about it so better to avoid both and be far from this 2 stocks

      Delete
    2. Hello Sir,
      I have buying in Banknifty @ 29200
      Kindly suggests me what to do?

      Delete
    3. If RBI cuts rate it will give good bounce there you can exit and when if banknifty reverse and positive momentum starts you can can also avg there with some SL

      Delete
    4. Thank you Sir. Apporx how much bounce can be expected as per you?

      Delete
    5. It can not be known depends on momentum can be 1000 point but be updated on our channel there you may get any hint

      Delete
  6. Hello Brother Today I bought Almebic pharma @640 bought it for trading purpose can u please tell short term TG for the same..., Thank you..

    ReplyDelete
    Replies
    1. Alembic pharma if cross 660 than 700 is possible

      Support at 630

      Long term view positve

      For Short term positive only if give close above 660 till that wait or let market be stable

      Delete
  7. Sir pls suggest.. i m having jubilant food PE 1600 bought @ 60 yesterday...now what do hold or exit ...pls suggest and levels also....

    ReplyDelete
  8. Hi sir, please review your & our favourite stock HDFC AMC.

    ReplyDelete
    Replies
    1. Buy on dips keep view of long term

      Delete
    2. Can we expect more fall of HDFC AMC ? & at what level we can buy for short term ?

      Delete
    3. Currently 2900 is major support if close below it than 2740 is possible

      For short term when it close above 3000 or buy near 2750

      Delete
  9. Hi sir now whats level you are seeing in next week or comming days.
    Now what will be major support and resistance for nifty

    ReplyDelete
  10. Sir,
    I have invested in irctc@ 880 should I hold ya exit is IRCTC story over? my view is long term

    ReplyDelete
  11. Sir ab nifty me or kitna correction aayega.
    Muje kuch paise invest karne hai markt me.
    Konse level se up trend shuru hoga.
    Or aise konse stocks hai jinme invest kar sakte hai blindly

    ReplyDelete
    Replies
    1. Invest 25% now and keep adding on dip no one can predict bottom this is best strategy

      Delete
    2. Stock to suggest kijiye sir g

      Delete
    3. Hdfc ; reliance ; Bajaj Finserv

      Delete
  12. Hello sir

    Can u plz tell that If I get SBI card IPO then should I hold it or sell it on listing gain. For holding what will be short term (1-2 months) target according to you.

    Thanks

    ReplyDelete
    Replies
    1. It your view is long term than hold Otherwise book listing gains

      Delete
  13. Good evening Raj sir i m holding ICRA @ 3008 average cost, from the last more than one year. I m ready to hold it for 3 years more. Please give ur views on this share. What should I expect, can it be a mega multibaggar

    ReplyDelete
    Replies
    1. Don't have much information about it but hold on

      Delete
  14. Sir
    What is your opinion on Antony Waste Management IPO?

    ReplyDelete
  15. Raj bhai
    Baught ambuja cements March futures @205 should I hold or exit.can suggest the levels please.

    ReplyDelete
    Replies
    1. Better to exit on rise in cement ULTRATECH is best in futures

      In cash market keep focus on birla corp

      Delete
  16. Holding yes bank 5000 share @40 and 400@118 in two different portfolio and tata motor 150 @200 what to do.....in in case of lose booking where to invest the amount.....???

    ReplyDelete
    Replies
    1. Yesbank exit on rise

      Tata motors exit near your price if get

      And shift to better fundamental stock

      This both are weak fundamental stock

      If you want to make profit from stock market than always buy only strong fundamental stock with long term view

      Delete
  17. Hello Sir. What’s your view on Infosys in the coming week. Have short position in this.

    ReplyDelete
  18. I have shorted banknifty March 29000 PE at 1680 currently in profit.. couldn't cover on last Friday. What should be done sir.

    ReplyDelete
    Replies
    1. Book near 1200-1300 on Monday if get

      Delete
    2. Sir just got out at 2000
      6.4 gone
      Corona virus taking toll
      Sir what may be the nifty major support now

      Delete
    3. 10000 is support
      10700 is resistance

      But currently news effects more than charts

      Delete
  19. Sir,
    What will be the ideal price to purchase Bajaj finser, whirlpool. As u have recommended this stock with a long term view.

    ReplyDelete
    Replies
    1. There is no perfect price no one catch bottom so best strategy is to buy 50% here and add more on dips

      Delete
  20. Rajbhai squared off RBL 280 PE with good profit. However I feel it's preparing for a significant fall perhaps around 160/180 levels. Your views bro

    ReplyDelete
  21. Hello sir, please give your valuable advice...mentioning my position....

    Jinesh shah
    Nifty - 11975 225 quantity
    Reliance - 1350 500 quantity
    Petronet - 265 4000 quantity

    Have occurred huge loss as have squared off other holding by booking loss...your help lo be appreciated...thank you

    ReplyDelete
    Replies
    1. Bro you have bought nifty at almost high when I told to sell @12150 if you have followed it than you will be definitely saved

      But now it has been a huge loss

      Now you can do only 1 thing just keep paying your Margin and wait for your price as you have picked fundamental strong stocks so you will definitely get your price back but you have to wait for 3-6 months

      Hold on

      Delete
  22. Sir, what your view on NAM- INDIA.
    Can we invest in it for long term.

    ReplyDelete
  23. I m sell on future zeel 192.....

    Now its rise..... what I do..... what is intraday?

    ReplyDelete
    Replies
    1. INTRADAY ; SHORT TERM OR LONG TERM

      for ZEEL it is clear view sell on rise

      Just keep capacity to pay margin you will be in profit only if sold at any rate

      Delete
  24. Good evening raj sir bajaj finance call was awesome. I earned handsomely. Thanks sir.
    I bought nifty 10500 pe @155 right at the closing. What should I expect on Wednesday??? Can there be huge gapdown?? Nifty support and resistance please

    ReplyDelete
    Replies
    1. Bro no one can say currently what will happen on Wednesday it is clear game of luck only

      Support 10000
      Resistance 10700

      Delete
  25. Hello Sir,

    Thanks again for today's wonderful calls. I booked good profit in Zeel and Bajfinance.

    I haven't closed indusindbk, Last moment it felt down but due to some issues with my system, I coudn't close. Please let me know I have to close at opening are shall I follow 911 SL now

    ReplyDelete
  26. Hi Raj Sir, any views on RBL Bank. Can we buy now

    ReplyDelete
    Replies
    1. No bro many times told buy only strong fundamental stocks RBL Bank currently is in weak fundamental stock so avoid it select good fundamental stock only

      Delete
  27. Raj sir, no questions but just want to say thank you for amazing calls. Cheers and happy holi!

    ReplyDelete
  28. Hello sir,

    Thanks for answering for all previous queries and it has helped a lot.
    This time my query is: I am stuck in holdings with dmart 30 shares, hdfc bank 30 shares and irctc 15shares with currently in loss of 20k.

    I am not sure how the market will be going ahead...hence, please suggest with your valuable inputs whether I should sell the stocks or hold still..

    Thanks in advance Sir.

    ReplyDelete
    Replies
    1. You have all good fundamental stock hold on no need at low price hold on for 6-9 months it may move to your cost or above it.

      Delete
  29. Sir, could you please tell me your view on raneholding. As per your advise, I am ready to sell on rise but please tell me up to what point it will get rise. Now a days it is going to be decreased day by day.

    ReplyDelete
    Replies
    1. bro now it's too late to exit already down much broken all support levels now you can do nothing just hold when you get it near your price in 6-8 months or when you think this much loss you can bear when it rise 100-150 rs from here than exit and shift to other better fundamental stock

      Or you can shift to rane brake on dips

      When auto sector will revive than only it will move up

      Hope you got your answer

      Delete
    2. Thanks sir, happy holi to you.

      Delete
  30. Sir rocking zeal I make 53000 in zeel. Thanx sir

    ReplyDelete
  31. RAJSIR I THINK IT WILL AFFECT LISTING OF SBI WHAT U THINK RAJSIR

    ReplyDelete
  32. rajsir will it go negative on listing sbi cards

    ReplyDelete
    Replies
    1. If nifty falls below 10k than it will be negative if again comes above 11k than positve

      Delete
  33. Replies
    1. Thank you

      Happy Holi to you and your family

      Delete
  34. What would be nifty tomorrow. .. Foreign market shows recovery... Or will it rise on sell??? Thanks in advance..

    ReplyDelete
  35. Sir
    Holding yes bank 500@68
    Should i exit now or can i expect some upside.At wat point sud i exit??
    Sir also ur views on bajaj holding
    Holding 50 shares @ 3800

    ReplyDelete
    Replies
    1. For yesbank exit on rise and if you want to take risk than keep Sl of 10 in yesbank

      Bajaj holding hold on no problem in it

      Delete
  36. Sir,
    I am holding 9500 pe nifty march exp
    Should I hold it or sell it

    ReplyDelete
    Replies
    1. Bro call put no view as mostly times goes and it becomes 0 very hard to make profit from options futures are far better

      Delete
  37. Hello sir i want to trade in equity in intraday u give future calls so how should i trade

    ReplyDelete
  38. Hi Raj sir,

    I am holding arvind 2000 shares @ 38. Please share your view for 2 years.

    ReplyDelete
    Replies
    1. Exit shift to any other better fundamental stock

      Delete
  39. Sir, Can you list some good stocks to buy in view of 2-3 years?
    Can we say the downfall is over now and market will go up?

    ReplyDelete
    Replies
    1. Hdfc ; Reliance ; tcs ; Britannia ; Kotak bank this are good fundamental stock

      No currently we can't say it is over but now slowly buying can be started as no one can buy at bottom or sell at top

      Delete
  40. Hi Raj sir
    Konsi script buy karni achhi rahegi 6 manth ke liye?

    ReplyDelete
    Replies
    1. Short term calls will be updated on our channel so be updated there only

      When there will be opportunity I will share

      Delete
  41. Hello Sir,

    I brought Deltacorp at 170 after i brought it has started falling rapidly. Please advise support and resistance level on this stock.

    ReplyDelete
  42. I was looking to sell it at 100 .. 9500pe But Not getting to sell :-)

    ReplyDelete
  43. Sir,
    View on vinati organic is it a good stock to invest with a long term horizon. What would be a good price range to buy

    ReplyDelete
  44. Sir
    At what price sud we exit yes bank as from 2 days it is showing good upmove??
    Bought at 68
    Can i see this price again??

    ReplyDelete
    Replies
    1. 40 can be major resistance for it

      Exit on rise and if you want to take risk only than keep Sl of 15 now

      Delete
  45. Good evening Raj sir I bought Reliance 1100 pe @43.50. Can it be a multibaggar?? I bought before ur sell call. Please let me know my minimum expected target and sl for this position... I also request your goodself to provide stock option calls, if possible for the poor traders just like me.. Thanks sir

    ReplyDelete
    Replies
    1. Currently hold on book when get good profit

      No I generally don't give call put option only share when there is good opportunity as mostly options have much higher risk than futures as it becomes 0 only

      Delete
  46. Sir ..any idea of why ncc falling like anything ...holding 1000 shares at 56..now below 30...whats your advise ?

    ReplyDelete
    Replies
    1. It is falling as it is poor fundamental stocks and all poor fundamental stocks are crashing heavily

      Delete
  47. Dear Raj Sir,

    Thank you so much for this Ibull Housing short call.Today i have earned biggest day profit in my entire carrier which is 70k in just one lot short..I can't express my love towards you..You are genius..May god bless you always.

    Regards
    Vishal Arora

    ReplyDelete
    Replies
    1. You are welcome

      ENJOY just keep sharing our channel to more and more your friends so they can also make profit like this.

      Delete
  48. Sir, I got SBI card IPO. Should i keep it for long term or sell as soon as it opens?

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

      Delete
  49. Hi Raj,
    Market kya akele carona virus ki wajha se hi gir raha hai ya koi aur b reason hai.

    Looks it's heavily destroying portfolio

    ReplyDelete
    Replies
    1. Due to all global market going down our market also going down

      Delete
  50. Rajbhai HDFC AMC me kya kare???aaj itna down kyun hua mere pass 3500 ke avg ke he kyan karu????

    ReplyDelete
    Replies
    1. Bro market down 3000 point than hdfc amc will also go down.

      Delete
  51. Hello Sir,

    I brought ITC @ 231 then it started falling, should i normalize or exit or rise, At what price it would be better to exit. Please suggest.

    ReplyDelete
  52. Hi sir i had made lots of money through your tip that sell on rise i had sell nifty many time and made profit.
    Today also i sell nifty and square off it in profit.
    But can we sell nifty at this also for a jacpot profit?
    Now am sacared to sell becoz nifty has fallen much from its high

    ReplyDelete
    Replies
    1. ENJOY

      Now just wait and be updated on channel

      Delete
  53. more nifty will fall or its stop now how much more fall u see here in nifty raj sir

    ReplyDelete
    Replies
    1. 9700 was my target almost done now let's see what happens

      Delete
  54. If your view is long term than hold

    If your view is of short term than exit

    ReplyDelete
  55. No I don't run any paid service

    ReplyDelete
  56. Can you please share your view on HDFC AMC ?

    ReplyDelete
    Replies
    1. Yes very good fundamental stock hold tight if your view is long term add more on dips

      Delete
    2. Thank You sir

      Delete
  57. Sir g ab nifty k baare aapka view kya.
    Aaj mene nifty sell kiya 9700 me.
    Kya kal muje superb profit mil sakta hai aaj ki tara kal bhi nifty 500/600 point gire ga.
    Mera stop loss or target kya hona chahiye aane wale dino me

    ReplyDelete
    Replies
    1. Bro currently market opens gap up or gap down no one knows but currently don't sell at any down levels let it bounce once

      Currently no view on it view can be updated tomorrow only after seeing the market but now my target is done on sell side which was of 9700 let's see now what happens

      Delete
    2. Currently sgx nifty showing much down so may you have chance for jackpot profit let's see what happens

      Delete
  58. Sir,
    I hold some shares of sbi @ avg rate of 260. Should i hold for long term or exit at rise?
    I also hold some shares of coal india @260, should I hold or sell at rise?
    For both shares, could you also please tell me, these are fundamental stocks or not?

    ReplyDelete
    Replies
    1. Sbi sell when get near your cost and shift to any other bank like Kotak bank or axis bank or hdfc bank

      Coal india is a dividend stock hold for dividend it may give good dividend in next 2-3 months

      Delete
    2. Sir, as per your view, will sbi move upwards to 260 in future or not?
      For dividend what is the minimum duration for shareholding.

      Delete
  59. RPL

    RAJ SIR TELL ME ABT AVADH SUGAR

    I HV SHARE OF AVADH SUGAR AT 208 RS

    CAN IT GIVE THIS PRICE AGAIN ??

    ReplyDelete
    Replies
    1. Exit on rise and shift to other better fundamental stock

      Sugar stocks are just trading stocks they are not for investment

      Delete
  60. Sir I purchased IRCTC @ 1930 shall I hold it for 2-3 month or take exit

    ReplyDelete
    Replies
    1. If your view is 1 year+ than definitely hold Otherwise exit on rise can be your strategy

      Delete
  61. Sir what is your view on listing gains of sbi card ipo..in this market situation

    ReplyDelete
  62. Hello Sir,

    Can you share your views on IRCTC and IDFCFIRSTB plz..Currently holding both...

    Should hold for long term or exit ?

    Thanks in advance for your suggestion...

    ReplyDelete
    Replies
    1. Long term hold

      If your view is short term than exit on rise

      Delete
  63. Now a days market seniors is down so what can we do on sbi ipo?

    ReplyDelete
  64. Hi Raj
    Could you please let me know your view on below stocks for long term > 3yrs
    Asian Paint
    Pidilite
    Infy/TCS
    M&M
    HDFC Life
    TITAN
    HUL
    ITC

    if they are good, should i wait or buy them on dip

    ReplyDelete
    Replies
    1. Yes all are good keep buying on dips

      Instead of itc add Britannia

      Delete
  65. Sir, totally amazed by your calls today. Earned a lot.
    Also sir I want to ask i had today taken BTST positions in the following shares:
    Ambuja cement: 100 shares
    Star cement : 2000 shares
    Orient cement 2000 shares

    What are the chances of opening tomorrow at big gap up?

    ReplyDelete
    Replies
    1. Yes possible for gap up on Wednesday

      Ambuja cement is in F&O so it will be slow mover

      Rest 2 gap up possible

      Delete
  66. Hi Raj,

    What is your view on Speciality chemical stocks SRF, Atul Ind, PI Ind, Aarti Ind, Navin Fluro...its already run since last many years. Iname abhibhi jaan baaki hai?

    ReplyDelete
    Replies
    1. Yes they are good for long term if your view is of 2-3 year +

      Delete
  67. What is your view on Astral Poly, Midhan, GMM Fauldler, Amber and RITES...are these stocks are good for longterm?

    ReplyDelete
  68. Microfinance stocks Credit Gramin and MAS Financials corrected more than 60%. Shall I start buying these stocks or wait for more correction.

    ReplyDelete
    Replies
    1. no one can say correction over or not

      If your view is long term than only 1 strategy accumulate slowly on every dips or do SIP

      Delete
  69. Wanted to add Balkrishna Ind, Tata Consumer and Dr LalPathlabs to my portfolio. Are we expecting further correction in these stocks?

    ReplyDelete
    Replies
    1. no one can say correction over or not

      If your view is long term than only 1 strategy accumulate slowly on every dips or do SIP

      Delete
  70. Which one to buy for long term from HDFC Bank, ICICI Bank, Kotak Bank and Axis Bank?

    ReplyDelete
  71. Is correction over for Pidilite Ind or wait for some more time....what is the best buying price?

    ReplyDelete
    Replies
    1. There is nothing like best price and no one can say correction over or not

      If your view is long term than only 1 strategy accumulate slowly on every dips or do SIP

      Delete
  72. Sir bought 2000 shares of Orient cement Ltd. @ 51. Now there is no news of cement industry opening. What's your view sir regarding this

    ReplyDelete
    Replies
    1. It may open gap up only as per my view let's see hold with SL as mentioned

      Delete