Is it wise to invest in SBI cards IPO?

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The answer depends on many factors including issue price, issue dates, market sentiments and the grey market premium. But an investor must buy minimum 1 share of SBI and hold in their account until SBI Cards IPO RHP is filed to be eligible for shareholders category. If you are SBI shareholder on the day of RHP filing, you are eligible to invest in both Retail and Shareholders category for 2 L each. This increases the chances of getting allotment.


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