SBI Cards IPO
The company the 2nd largest credit card issuer in the country, with a 17.6% and 18.0% market share of the Indian credit card market (number of credit cards) 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 (total credit card spends) in fiscal 2019 and in the six months ended September 30, 2019.
SBI Cards IPO Detail
SBI Cards and Payment Services Ltd..
Issue Period: 2nd March 2020 - 5th March 2020
₹20/- For Intraday, F&O, Currencies & Commodities
Company info
SBI Cards offers a wide range of credit cards to individual and corporate clients including lifestyle, rewards, shopping, travel, fuel, banking partnership cards, and corporate cards, etc.
SBI Cards has partnered with several leading names across industries, including Air India, Apollo Hospitals, BPCL, Etihad Guest, Fbb, IRCTC, OLA Money and Yatra, amongst others.
As a subsidiary of SBI, the company has access to SBI's extensive network of 22,007 branches across India. The partnership enables it to market its cards to a huge customer base of 436.4 million customers.
Headquartered in New Delhi, as of September 30, 2019, the company has a sales force of 33,086 outsourced sales personnel operating out of 133 Indian cities.
The company's total income increased at a CAGR of 44.9% and the revenues from operations have increased at a CAGR of 44.6% between fiscal 2017 to 2019. The net profit grew at a CAGR of 52.1% during the period.
- 2nd largest credit card issuer in India with a strong track record of growth and profitability.
- Leading player in open market customer acquisitions using physical and digital channels in India.
- A well-known promoter in SBI with strong brand recognition.
- Diversified credit card portfolio and partnerships with leading brands across industries.
Company Promoters: The promoter of the Company is SBI.
| Particulars | For the year/period ended (₹ in Million) | |||
|---|---|---|---|---|
| 30-Sep-19 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
| Total assets | 244,591.43 | 202,396.34 | 156,860.02 | 107,649.85 |
| Total revenue | 46,772.08 | 72,868.34 | 53,701.92 | 34,710.38 |
| Profit after tax | 7,258.82 | 8,627.19 | 6,011.43 | 3,728.59 |
in 15 MIns
on the same day
Brokerage*
Why Angel One?
Trading Across Platforms
Get free access to multiple online trading products & track market share prices live. Trade with ease and stay updated with share market news notifications.
Highest Leverage
Get maximum subscription along with highest leverage with us. This makes sure you make the most of your trading day.
Trading Across Platforms
Get free access to multiple online trading products & track market share prices live. Trade with ease and stay updated with share market news notifications.
Dedicated Customer Service Team
Get help wherever you are with our centralized help desk & Pan India presence.Stay connected through Live Chat and SMS.
Please note that by submitting the above mentioned details, you are authorizing us to Call/SMS you even though you may be registered under DND. We shall Call/SMS you for a period of 12 months.
Angel One Limited (formerly known as Angel Broking Limited), Registered Office: 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai - 400093. Telephone: (022) 42319600 , Fax: (022) 42319607, CIN: L67120MH1996PLC101709, SEBI Registration No.: INZ000161534-BSE Cash/F&O/CD (Member ID: 612), NSE Cash/F&O/CD (Member ID: 12798), MSEI Cash/F&O/CD (Member ID: 10500), MCX Commodity Derivatives (Member ID: 12685) and NCDEX Commodity Derivatives (Member ID: 220), CDSL Registration No.: IN-DP-384-2018, PMS Registration No.: INP000001546, Research Analyst SEBI Registration No.: INH000000164, Investment Adviser SEBI Registration No.: INA000008172, AMFI Registration No.: ARN–77404. Compliance officer: Mr. Bineet Jha, Tel: (022) 39413940 Email: compliance@angelbroking.com
Brokerage will not exceed SEBI prescribed limits
: Investments in securities market are subject to market risk, read all the related documents carefully before investing. *T&C Apply
We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services. We do not sell or rent your contact information to third parties.
