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The cut-off date for applying in SBI Cards Shareholder quota is 18 February, 2020 (RHP filing date). In case you are eligible for shareholding quota, you must apply minimum one application under shareholding quota. You can apply minimum 1 application in the retail category also. When you submit the application online, you will find an option for shareholders as well as retail categories, both of your applications are valid. Try to apply in both the categories.
Applying in Shareholding Quota (up to Rs 2L), you can also apply in Retail Category (up to Rs 2L). If applying in Shareholding Quota above Rs 2L, you can not apply in Retail Category. To clarify, an SBI Shareholder Bidding in the SBI Shareholders Reservation Portion above Rs 2,00,000 cannot bid in the RII as such Bids will be treated as multiple Bids.
Process of applying shares under Shareholder category will be same (ASBA or UPI), you need to select category as shareholder. Shareholder Category Reservation is 13,052,680 Equity Shares.
In case you applying through Zerodha, it allows only one application. They have option for Retail and Shareholding application, but you can apply only in one category. If you wish to apply in multiple categories, you can submit one application with Zerodha Console and other application from ASBA (Net Banking). Other option is to apply only via ASBA. SCSBs provides 3 different applications for categories - Retail, Shareholder and Employee. Depending on your investment strategy, you can fill multiple applications.
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Zerodha Trade@20
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