Two contradictory statement regarding shareholder Quota in RHP. Dont understand what to do.
1. Bids by BLS International Shareholders
The Bid must be for a minimum of [●] Equity Shares and in multiples of [●] Equity Shares thereafter so as to
ensure that the Bid Amount payable by the BLS International Shareholder does not exceed ₹200,000 (net of BLS
International Shareholder Discount, if any). Allotment in the BLS International Shareholder Reservation Portion
will be as detailed in the section “Issue Structure” beginning on page 409.
2. BLS International Shareholders Bidding in the BLS International Shareholders Reservation Portion can also Bid under
the Net Issue and such Bids shall not be considered as multiple Bids subject to applicable limits. To clarify BLS
International Shareholders Bidding in the BLS International Shareholders Reservation Portion above ₹200,000 can Bid
in the Net Issue for up to ₹200,000 (net of the Shareholders Discount), otherwise such Bids shall be treated as multiple
Bids. If a BLS International Shareholder is Bidding in the BLS International Shareholders Reservation Portion up to
₹200,000, application by such BLS International Shareholder in the Retail Portion or Non-Institutional Portion shall not
be treated as multiple Bids. Therefore, BLS International Shareholders bidding in the BLS International Shareholders
Reservation Portion (subject to the Bid Amount being up to ₹200,000) can also Bid under the Net Issue and such Bids
shall not be treated as multiple Bids.
As per 1st statement Shareholders can apply in Retail category only. As per 2nd Statement Share Holders can apply in HNI as well. Now what to do. Just cannot understand.
Experience people please guide.
@newgen consultancy