What is the shareholders cut-off date for SBI Cards IPO? User Comments

User Reviews

9. KAPIL SINGH Feb 28 2020 07:58:41 PM Reply

I SOLD SHARES OF SBI ON 18 FEB.2020 AND SHRES FROM MY DEMAT ACCOUNT DEBITED ON 19 FEB.2020.WOULD I BE CONSIDERED AS SHARE HOLDER OF SBI OR NOT?

9.1. Vinay Jain Feb 29 2020 09:37:21 AM

Hello Kapil,

As you were holding shares in your Demat on 18th Feb, you are eligible for SH quota.

8. Akash Feb 24 2020 01:54:37 PM Reply

I sold SBI shares on 20th feb, as I was not aware of this. Will I be eligible under SBI shareholders category?

8.1. Vinay Jain Feb 24 2020 03:37:38 PM

Yes, as you were holding SBI share on 18th Feb 2020 in your demat account you are eligible for SBI Shareholder quota. Registrar will take the list of holders from 18th Feb for calculation.

7. G P BHAT Feb 23 2020 01:03:32 PM Reply

hello sir, I am having sbi shares valued at Rs.300000?- and above as on cut off date. Whether I can apply for SBI card IPO in sbi shareholders category as well RII category, separately.

7.1. Vinay Jain Feb 23 2020 10:15:27 PM

Hello Mr G P Bhat Sir,

Yes, you can apply in two separate categories (RII and SH) with same PAN, Demat and ASBA/UPI account. This is a valid scenario and both the applications will be a valid bid. For RII you can apply up to Rs 2 L and for Shareholding, you can apply up to Rs 2 L. In case you wish to apply only in SH, you can apply above Rs 2 L, but in such case, you are not eligible for RII.

6. R Feb 20 2020 11:24:28 PM Reply

I bought sbi shres on 17 but they are settled on 20 Feb. Will i be able to apply lot through shareholders category?

6.1. Vinay Jain Feb 22 2020 09:36:55 AM

In simple words No. You must have shares in your Demat account on 18th Feb 2020. As you received shares on 20th Feb, you are not eligible.

5. HARSHIT AGRAWAL Feb 21 2020 08:06:27 PM Reply

I am a shareholder of SBI and want to apply in both shareholder category and retail category, so first of all is it possible to do so and if yes then can I apply two (shareholder and retail category) application under same demat account through ASBA mode? And, is it possible that I can be allotted shares in both retail and shareholder category in same demat account?

5.1. Vinay Jain Feb 22 2020 09:35:17 AM

Yes, You can apply 2 separate applications from the same Demat and the same ASBA process. When you log in to net banking, you will see 3 different applications - 1 for Retail, 1 for Shareholders and 1 for Employee. As per your eligibility, you can apply in each individual category. After allotment shares will come in the same Demat account.

4. Nitin Patil Feb 12 2020 02:52:35 PM Reply

Sir what if i buy SBI share today am i eligible to be a share holder as i want to subscribe for sbi cards ipo

3. pranav shankar patil Jan 17 2020 03:52:55 PM Reply

i buy share on 17-jan-2020 ; so i am eligible for share holder category ??.. please answer

3.1. Vinay Jain Jan 18 2020 09:32:27 AM

Yes, As of now RHP has not filled. So I assume you will be eligible for Shareholding quota. We need to wait for confirm date when RHP will publish.

2. Satya Dec 06 2019 01:01:44 PM Reply

Hello Sir, I apply to Ujjivan Shareholding Quota, it's oversubscribed by 4x, Will this be the same scenario for SBI Card?

2.1. Vinay Jain Dec 07 2019 09:39:47 AM

From Ujjivan Bank IPO, the cutoff date for shareholding quota has changed to RHP filling date. In such a case, more IPO investors are trying their luck in both retail and SHQ. Previously, it was DRHP date. So ad-hoc investor was not able to take part in SHQ. I personally assume SHQ will be 3 to 4x for SBI Cards.

1. Kunal Dec 06 2019 01:03:26 PM Reply

can we get any special discount under shareholding quota for SBI Card IPO?

10.1. Vinay Jain Dec 07 2019 09:36:08 AM

As per the current update, Shareholding quota doesn''t have any discount. Employee Quota can have Rs 18 Discount. This is tentative, need to wait for RHP.