SBI Card IPO allotment

SBI Card IPO allotment status.

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The allotment of shares for the SBI Cards and Payment Services initial public offering (IPO) was finalized on Thursday. The #SBICards IPO, open between March 2 and March 5, had been oversubscribed 26 times, which meant not all those who bade were to receive shares and the allotment was to be done through a lottery system. The allotment status has been updated for clients to check on the website of the ‘registrar to the offer’, which in this case is Link Intime India Private Ltd. You can check the number of shares you applied for and the number of shares you have been allotted on the Link Intime’s website.

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