How can I bid at or above the offer price in SBI Cards Employee category?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

The offer price is the final price on which shares are allotted. As it is a book building issue, the issue will be available in the price band for bidding. The investors who bid in the employee category can bid at any price in the price band. After finalising the offer price, the bids which are received at or above the offer price would be eligible to get allotment.

The best way to bid at or above the offer price is to bid at the cap price of the price band.

Topic: SBI Cards IPO Employees Application - Explained Article

Comments

Add a public comment...

Find more questions on this topic

How much is SBI Card IPO Employee Discount?
What is for SBI staff in SBI card IPO?
What is the maximum limit in the employee category in SBI Card IPO?
Can I sell my share allocated in employee quota on the listing day of SBI Cards IPO?
Can a retired employee of SBI apply under the employee quota of the SBI card IPO?
Can SBI pensioner apply in the employee category of SBI card IPO?
Can an SBI employee bid in both, employee and shareholders quota in SBI Card IPO?
Are there any restrictions on the shares allotted to SBI employees in SBI Cards IPO?
Can SBI employee apply in Employee portion through others Demat account?
How many shares are reserved for employees in SBI Card IPO?
How shares are distributed among applicants in employee category?
Can an employee bid in SBI Card IPO using UPI under employee quota?
Is there any locking period for shares allotted under the employee category?
How can I apply under the employee's category online?

Ask Your Question