According to NSE & BSE SBI CARDS IPO BIDDING DATA the cutoff price bids for SH Category is 2.4 x only... so don't take tension of 25 times subscription applications ( Provided You have ticked cut off price while applying in SH Category).... So, according to this calculation for 13 Lots Minimum 5 Lots allotment can be given...Lets Cross fingers for final basis of allotment..
Not True. Those who have applied for 755 price also considered as cut off price. There are less than 1% fool peoples are present who bid for anything less than 755. So your argument is pointless. Lot of competition in SH category continues. Hope that we will get at-least one lot on proportionate basis.
Checked, you are correct. for shareholders category. For RII, only two third shares bidded at cut off. So oversubscription of 1.5 times at cut off price.
if total IPO fully subscribed, the under-subscription portion will transfer to other category. But this issue will not happen as QIB subscribed more than 50 times