SBI Category Classification

Stocks IPOs
1

Hi All ,

SBI Cards IPO

@mohitmehra I am SBI shareholder and applied in IPO as follows :

Retail - 1 Lot Amount 14,385
Shareholder Category - 13 Lot - Amount 186,485

In total i have applied for Rs 200,870 (14385 + 186485) ., now since my total amount is more than 2 lakhs would my retail application would go into HNI category ?

@mohitmehra
Thanks
Mohit

2

No, these will be considered separately in the retail and shareholders’ categories respectively.

3

Thanks for your confirmation , any reason for your conclusion .