However, since the bidding process opened on Wednesday, the IPO for Antony Waste Handling appears to be lacking both the frenzy and the buzz that SBI Cards IPO succeeded in generating in the same amount of time.SBI Cards is the largest issuer of credit cards in India. Credit card expenditures in India grew by 32% each year to a whopping ₹6.1 trillion between 2016 and 2020. Given its dominant position within the domestic market for credit cards with a strong parent company keeping tabs on it, SBI Cards is in an advantageous spot as the trend of digital payments continues to rise.