When the bids are rejected considering multiple bids in the SBI Card IPO?

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Your bids can be rejected in SBI Card IPO considering multiple bids in the following cases:

  • An Eligible Shareholder holding multiple Demat accounts makes multiple applications under shareholders category with the same PAN number.
  • An Eligible Shareholder, being the first holder of a joint Demat account makes multiple applications individually and jointly.
  • ASBA Bidders submitting more than one ASBA Form per ASBA Account


1. Indy  Dec 17, 2019 03:17 I Like It. | Report Abuse Reply
Can a shareholder apply in NII category