FIIs and NRIs are not allowed to participate in the issue as the company needs to cut FII holding to below 49 per cent to meet the small finance bank (SFB) guidelines.
498.2. Arup| Link| Bookmark|
April 7, 2016 11:46:53 AM
(900+ Posts, 300+ Likes)
Thnx sips,mistake fii condition,but what abt MF?
498.3. Arup| Link| Bookmark|
April 7, 2016 11:50:07 AM
(900+ Posts, 300+ Likes)
FII are not allowed to participate as they are looking to cut the FII holding below 49 per cent to meet the small finance bank (SFB) guidelines.. MFs are part of QIB
Septa, eagleye, rks, arjun, Ketan and my dear fellow , can I apply for 13 lots in one application out of my total 5 single lot applications. To try luck if I can get more shares than one lot if chances are there.
Please put light on this ASAP.
WHAT WILL HAPPEN IF I DO SO.
492.1. Septa| Link| Bookmark|
April 7, 2016 11:36:58 AM
(4000+ Posts, 4600+ Likes)
best option single lot in RII which is looking like over subscribed