Free Delivery, Others @ flat ₹15
PS www.ProStocks.com
Free Account Opening + AMC Free Demat
Loading...

Feedback Message Board

1 Comments

1. ipoBanker   I Like It. |Report Abuse|  Link|February 25, 2020 4:48:31 PMReply
Could anyone explain me proportionate basis in SH category?
If I am having 1 share of SBI in 1 account and apply for 2 lakh application in SBI Card and from another account I am having 300 SBI shares, and apply for a 2 lakh application, in case of over subscription, will the allotment be same of different to both accounts?
1.1. Team Chittorgarh.com   I Like It. |Report Abuse|  Link|February 26, 2020 10:59:40 AM
Though the allotment in shareholders category is done on a proportionate basis, the minimum allotment is 1 Lot (19 shares in the case of SBI Cards IPO).

Check the basis of allotment of the Ujjivan Small Finance IPO. Section E will give you an idea of how allotment is done in the shareholder's category in the case of over subscription.

special_offers
By Popular Stock Brokers
Zerodha Review   Zerodha

Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O

Open FREE Demat Account

Angel Broking Review   AngelOne

Free Equity Delivery
Flat ₹20 Per Trade in F&O

Open FREE Demat Account

Motilal Oswal

30 days brokerage free trading
Free - Personal Trading Advisor

Open Account

Kotak Securities Review  Kotak Securities
    (Trade Free Plan)

FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O

Open Online Demat Account

Upstox Review   Upstox

FREE Account Opening
Flat ₹20 Per Trade

Enquire Now

ProStocks Review  ProStocks

Unlimited @ ₹899/month
Rs 0 Demat AMC

Open FREE Account

Fyers Review   Fyers

Free Eq Delivery Trades
Flat ₹20 Per Trade in F&O

Open Instant Account

Paytm Money Review  Paytm Money
Paytm Money QR Code

Pay ₹0 brokerage for first 10 days

Flat ₹20 Per Trade

Open Instant Account Now!

Open an Instant Account with Zerodha