The sale worth has been fastened at Rs 981.80 to Rs 1,022.10 apiece, upto 3.9% low cost to Tuesday’s closing worth of Rs 1022. As of December 31, 2020, CA Rover Holdings held 15.86% stake within the firm.
SBI Playing cards-India’s second largest bank card agency launched its maiden preliminary public provide (IPO) in March final 12 months. Carlyle Group, which acquired a 26% stake in
Playing cards from the GE group for Rs 2000 crore in 2017, offered 10% through the IPO for Rs 7000 crore and made a windfall acquire of 8.5 occasions in Three years.
Shares of SBI Playing cards have rallied 35% from its IPO worth of Rs 755. The Carlyle Group which is now promoting 4% for Rs 3,728 crore nonetheless holds 11% stake at present valued at Rs 10,574 crore.