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1. ipoBanker   I Like It. |Report Abuse|  Link|February 25, 2020 3:48:31 PMReply
Could anyone explain me proportionate basis in SH category?
If I am having 1 share of SBI in 1 account and apply for 2 lakh application in SBI Card and from another account I am having 300 SBI shares, and apply for a 2 lakh application, in case of over subscription, will the allotment be same of different to both accounts?
1.1. Team Chittorgarh.com   I Like It. |Report Abuse|  Link|February 26, 2020 9:59:40 AM
Though the allotment in shareholders category is done on a proportionate basis, the minimum allotment is 1 Lot (19 shares in the case of SBI Cards IPO).

Check the basis of allotment of the Ujjivan Small Finance IPO. Section E will give you an idea of how allotment is done in the shareholder's category in the case of over subscription.

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