SBI CARDS IPO ON MARCH 2

Highlights

• Price bands likely between INR 745-775
• SBI Cards and Payment Services is sustained by private equity company Carlyle Group and State Bank of India
• Carlyle Group, which holds 26% in its subsidiary CA Rover Holdings, will jointly sell 130.5 million shares

According to draft red herring prospectus, the initial public offer of SBI Cards and Payment Services, the ....