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Can I apply in both shareholders and retail categories from the same Demat account in SBI Cards IPO?

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Yes, you can apply in both retail and shareholders categories of SBI Cards IPO using the same demat account. Note that in this case, you are eligible for a maximum limit of Rs 200,000 in shareholders category. In case of retail, you could choose any amount but you will be qualified as RII or NII based on the amount you choose. Retail Individual Bidders Portion (RII) is for upto Rs 200,000 OR in Non-Institutional Bidders Portion (NII) when the Bid Amount exceeds Rs 200,000.


3 Comments

3. sridhar  Mar 4, 2020 08:43 I Like It. | Report Abuse Reply
I applied in RII category on 2.3.2020 and the status is processing. i applied in SHA category on 3.3.2020 and the status is blocked. wondering why
2. Rajesh  Mar 1, 2020 11:46 I Like It. | Report Abuse Reply
I am also doubtful about applying multiple applications with single PAN number and same DMAT account, there are chances of disqualification of all applications. Pl advise...
1. Prasad  Dec 28, 2019 07:11 I Like It. 2 | Report Abuse Reply
1. Is the application treated as two different applications(shareholder and retail)?
2. Is it possible that the shares allotted in only one category?
3. if shareholder quota oversubscribed then allotment as per lottery system?
1.1. ANJANI KUMAR SINHA  Feb 29, 2020 21:11 I Like It. | Report Abuse
Can I apply both shareholders and retail category in same name ,same pan no. and same account.
How many applications can be used with how many bids in one application.


Find more questions on this topic

  1. What is a cut-off date for SBI shareholders in SBI Cards IPO?
  2. How many shares of SBI are required to be eligible for SBI Cards shareholder quota?
  3. Can I apply 2 lakhs each in the shareholder's category and Retail category (Total 4 lacs)?
  4. Can I apply in the name of my family members from my single bank account in the SBI shareholder quota for SBI Cards IPO?
  5. Is there any restriction to apply from the linked bank account only in the SBI Cards IPO shareholder category?
  6. All my family members hold SBI shares. Is it possible to make 10 applications (5 retail + 5 shareholders) from the same bank account?
  7. In SBI Cards IPO, does allotment chances change by the number of SBI shares I hold?
  8. How many SBI shares I require to apply in the SBI Cards shareholders category?
  9. Till what date I can buy SBI shares to be eligible to apply in the shareholder's category of SBI Card?
  10. How can we know on what date DRHP submitted for IPO? On which website this information is available?
  11. Can applications in both shareholder and retail categories be made through PNB Online ASBA?
  12. Is the category limit for both shareholders and retail category is Rs 2 lakhs combined or is it Rs 2 lakhs limit for each category?
  13. What is the date for SBI shareholders to eligible for applying for shareholder's quota?
  14. I have an ICICI 3-in-1 account and I hold SBI shares. Can I apply in SBI Cards IPO retail and shareholder quota using the same demat, bank account and PAN?
  15. How do I apply in SBI Card IPO Shareholder quota using ASBA?
  16. Can SBI Life Insurance shareholders apply under the SBI Cards shareholder quota?
  17. Can I use the same ASBA account for RII and Shareholder category for SBI Cards IPO?
  18. Can I sell my share allocated in the shareholder's category on the day of listing in SBI Cards IPO?
  19. Are there any limitations on the shares bought through the shareholder's quota in SBI Card IPO?
  20. How many shares are reserved for SBI shareholders in SBI Card IPO?
  21. How many SBI shares required in the demat account to be eligible for SBI Cards IPO Shareholders Quota?
  22. Can I apply in the same application form for shareholders and retail quota for SBI Card IPO?
  23. How shares are distributed among applicants in the shareholder's category?
  24. Can applications in both shareholder and retail categories be made through SBI Online ASBA?
  25. How can SBI shareholders benefit from SBI Cards IPO?
  26. How to apply for an IPO under shareholders quota through the Zerodha Console?
  27. What percent of shareholders quota is reserved for the retail category in SBI Card IPO?
  28. Will shareholders get discounts as employees in SBI Card IPO?