SBI Card inches up on raising Rs 500 crore through NCDs
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SBI Card is currently trading at Rs. 958.40, up by 0.20 points or 0.02% from its previous closing of Rs. 958.20 on the BSE.
The scrip opened at Rs. 955.00 and has touched a high and low of Rs. 958.00 and Rs. 947.20 respectively. So far 5552 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1160.60 on 11-Oct-2021 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. 970.00 and Rs. 938.75 respectively. The current market cap of the company is Rs. 89695.58 crore.
The promoters holding in the company stood at 69.64%, while Institutions and Non-Institutions held 24.53% and 5.83% respectively.
SBI Cards and Payment Services (SBI Card) has raised Rs 500 crore through the allotment of 5000 Fixed Rate, Unsecured, Rated, Taxable, Redeemable, Senior, Listed Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at par, under Series 31 on private placement basis. 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.
