How was the pricing? Was it priced to perfection like in the case SBI Cards. IRCTC and SBI Cards are 2 examples of IPOs, they were priced at opposite ends. In the case of IRCTC it was valued at a significant discount to fair value. SBI Cards was priced to perfection," Bodke told Financial Express Online. Vishwaraj Sugar Industries was the smallest IPO of this fiscal, issue amount totalling to Rs 60 crore, the scrip was listed at Rs 61 and is now trading slightly above at Rs 64 per share. SBI Cards and Payment Services was the biggest IPO of financial year 2020, Analysts were upbeat about the fifth-largest IPO ever to enter the Indian market and recommended investors to subscribe. The IPO was subscribed 26 times as investors poured in Rs 2 lakh crore for the IPO. The stock was listed on March 16, just as Indian equity markets were beginning to feel the wrath of Coronavirus. After opening at Rs 658 per share, it is yet to reach even the issue price.