What is the minimum amount to be applied to qualify for HNI?

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The minimum amount for HNI IPO applications in the NII category is Rs 2 lakh. Any retail IPO application with over Rs 2 lakh is considered in HNI or (Non-Institutional Investor) NII category.

The maximum bid in the NII category is the number of Equity Shares in the given lots not exceeding the size of the Offer (excluding the QIB Portion).

Topic: HNI IPO Application Guide (NII Allotment Rules, Benefits & Funding) Article

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