How much I invest for SBI Cards shareholders category?

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Are you a day trader?

If you are a shareholder of SBI on Feb 18, 2020, you have the following 2 options to invest in SBI Cards IPO:

  1. Invest only in Shareholders Category. In this case, you can invest any amount of money.
  2. Invest in Shareholders and General Category (RII/NII). In this case, you could invest up to Rs 200,000 in shareholders category and any amount in the general category. The general category is considered as RII or NII based on the amount you apply. It is considered as Retail Individual Bidders Portion (RII) for up to Rs 200,000 OR in Non-Institutional Bidders Portion (NII) when the Bid Amount exceeds Rs 200,000.


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