Can a retired employee of SBI apply under the employee quota of the SBI card IPO?

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.

No, retired employees from SBI are not eligible to apply in employee quota of SBI Cards IPO. Only current employees of State Bank of India can apply under the employee category.

However, if you hold SBI shares till the cut-off date (18th Feb 2020) then you can apply in SBI shareholder's quota or apply in general in the retail category.

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