Can retail investor subscribe to IPO value more than 2 lakhs?

General
1

Hi,

Can a retail investor subscribe to IPO value more than 2 lakh rupees, e.g. 3 or 4 lakhs?

Regards,
BA2Trader

2

The retail limit is Rs 2 lakhs. If you enter in a bid above 2 lakhs, the application will be considered under the HNI category.

3

So you mean I need to select 'IND HNI ’ option If I want to bid above 2 lakhs?