Can I apply in both shareholders and retail categories from the same Demat account in SBI Cards IPO?

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Yes, you can apply in both retail and shareholders categories of SBI Cards IPO using the same demat account. Note that in this case, you are eligible for a maximum limit of Rs 200,000 in shareholders category. In case of retail, you could choose any amount but you will be qualified as RII or NII based on the amount you choose. Retail Individual Bidders Portion (RII) is for upto Rs 200,000 OR in Non-Institutional Bidders Portion (NII) when the Bid Amount exceeds Rs 200,000.

Topic: SBI Cards IPO Shareholders Application - Explained Article

6 Comments

6. Shubham Goswami

| Link|October 16, 2024 6:13:14 PMReply

Agar Mere Paas Ek Lot Ka Paisa Hai Aur Mere Paas Parent Company Ka Share Hai To Mai Retail Me Apply Karu Ya Shareholder Quata Me

6.1. Manish

| Link|October 21, 2024 11:42:07 PM

Normal

5. Sagar

| Link|September 11, 2024 12:26:38 PMReply

Can i applied bajaj housing finance ipo in retail category from groww and also on shareholders category form angle one please answer?

4. Rakesh

| Link|November 11, 2023 1:55:59 PMReply

Is it good to buy share from every demat account or just one demat account is enough for getting benifit

3. sridhar

| Link|March 4, 2020 9:43:39 AMReply

I applied in RII category on 2.3.2020 and the status is processing. i applied in SHA category on 3.3.2020 and the status is blocked. wondering why

3.1. HARSH

| Link|January 27, 2022 11:02:53 AM

IS 'SHA' MEANS SHARE HOLDER CATAGORY..??

2. Rajesh

| Link|March 1, 2020 12:46:29 PMReply

I am also doubtful about applying multiple applications with single PAN number and same DMAT account, there are chances of disqualification of all applications. Pl advise...

1. Prasad

| Link|December 28, 2019 8:11:24 AMReply

1. Is the application treated as two different applications(shareholder and retail)?
2. Is it possible that the shares allotted in only one category?
3. if shareholder quota oversubscribed then allotment as per lottery system?

1.1. ANJANI KUMAR SINHA

| Link|February 29, 2020 10:11:47 PM

Can I apply both shareholders and retail category in same name ,same pan no. and same account.
How many applications can be used with how many bids in one application.

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