Poll: Ujjivan Small Finance Bank IPO: Yes/No

Are you applying for the IPO?

  • Yes
  • No

0 voters

please help: will you be eligible for shareholder quota even if you have pledged the entire stock?

I think yes.
@VM1 can help you here.

What kind of pledge are you talking about? The kind of pledge against which you get F&O margin from a broker or the kind of pledge where you get money from a Bank/NBFC. If its the later, then you’ll be eligible because the stocks remain in your account and are lien marked to the Bank/NBFC. If its the former, then I’m afraid you wouldn’t be eligible since the shares would not be in your demat account as on the Record date.

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