FREE Account Opening + No Clearing Fees

Can I apply in retail and shareholder quota for Equitas Small Finance Bank IPO?

Zerodha (Trade with the best stock broker)

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.

A retail individual can also apply in the Shareholders category (upto Rs 200,000) if he holds the Equitas Holdings Limited (EHL) shares in his demat account on October 11, 2020, the day of filing the RHP with SEBI.

EHL shareholders can apply in both; RII or NII as well as shareholder category with the maximum limit of Rs 200,000 in the shareholder's category.

Please note an eligible EHL shareholder bidding in the EHL shareholder reservation portion may also bid under net offer i.e. either in Retail Individual Bidders Portion for up to Rs 200,000 OR in Non-Institutional Bidders Portion such that the Bid Amount exceeds Rs 200,000 but not exceeding the size of the Net Offer (excluding QIB portion), subject to applicable limits.

An EHL Shareholders bidding in the EHL Shareholders Reservation Portion above Rs 200,000 cannot Bid in the Net Offer as such Bids will be treated as multiple Bids.


Add a public comment...