I read this and since i am shareholder, technically i can make 2 applications right for below 2L ?
Eligibility for IPO applications across category
AEL shareholders (bidding up to Rs 2 lakhs) can also apply under the retail category. If an AEL shareholder is also an employee, he/she is also eligible to apply in all the three categories- RII (up to Rs 2 lakhs), Shareholder (up to Rs 2 lakhs) and Employees (up to Rs 5 lakhs). AEL shareholders can apply maximum up to reserved portion (~Rs 360 Cr) for the SH category.
Eligibility for IPO applications across category
AEL shareholders (bidding up to Rs 2 lakhs) can also apply under the retail category.
If an AEL shareholder is also an employee, he/she is also eligible to apply in all the three categories- RII (up to Rs 2 lakhs), Shareholder (up to Rs 2 lakhs) and Employees (up to Rs 5 lakhs).
AEL shareholders can apply maximum up to reserved portion (~Rs 360 Cr) for the SH category.