SBI Card gains on raising Rs 810 crore through NCDs
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SBI Cards And Payment Services is currently trading at Rs. 883.50, up by 4.80 points or 0.55% from its previous closing of Rs. 878.70 on the BSE.
The scrip opened at Rs. 880.00 and has touched a high and low of Rs. 885.50 and Rs. 880.00 respectively. So far 1262 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1028.75 on 17-Aug-2022 and a 52 week low of Rs. 656.10 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 898.20 and Rs. 857.70 respectively. The current market cap of the company is Rs. 83135.22 crore.
The promoters holding in the company stood at 69.02%, while Institutions and Non-Institutions held 25.92% and 5.06% respectively.
SBI Cards and Payment Services (SBI Card) has raised Rs 810 crore through allotment of 81 ,000 Fixed Rate, Unsecured, Rated, Taxable, Redeemable, Senior, Listed, Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,000 each, at par, under Series 33 on private placement basis. The Stakeholders' Relationship and Customer Experience Committee of the Company has approved the allotment of the same.
SBI Cards and Payment Services is a payment solutions provider in India.
