SBI Cards shares list at ₹658, 13% discount to issue price of ₹755

SBI Cards and Payments Services' shares debuted at the stock exchanges at a 12.8% discount, opening at ₹658 from the issue price of ₹755 a piece. The issue, which ran from March 2 to March 5 with a price band of ₹750-755, was subscribed over 26 times. SBI Cards raised ₹10,340 crore through the public issue.