What is the criteria for SBI Shareholder to apply in multiple categories?
SBI Shareholders bidding in the SBI Shareholders Category above Rs 200,000 cannot bid in the Retail or Employee or NII category.
SBI Shareholders bidding in the SBI Shareholders category up to Rs 200,000 can also bid in the Employee category (< Rs 5,00,000) as Eligible Employee and in the Retail category (< Rs 2,00,000) or NII category( > Rs 2,00,000).
I hold SBI shares in two different Demat Accounts with the same Ist holder. Can I apply in Shareholders quota with both Demat accounts?
3.1.team InvestorGainMar 03 2020 12:49:12 PM
A person is allowed only 1 IPO Application in a category for 1 PAN No. So you can apply in SH category using 1 demat account only not using both the demat accounts since they have same PAN No linked to it.