Chittorgarh.com Logo
Loading...

Is it mandatory to own stocks of SBI before subscribing to the SBI Cards 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.

No, it is not mandatory to own SBI shares to apply in SBI Card IPO. Investors, who are not SBI shareholders, can apply in retail and NII categories.

If you are an SBI shareholder, you get an additional benefit to apply under the shareholder's category. This increases the chances of allotment and thus profitability.


Comments

Add a public comment...