Yes, That's fact. I applied for Ujjivan Bank IPO in both the category. Got allotment in only shareholder quota. The retail category is not worth now a days. I applied 5 applications in Retail and 1 on Shareholding. Got allotment of only 1 under shareholding quota.
2.1.Gv PrasadDec 10 2019 03:29:39 PM
I too agree. Shareholder quota is worth.
2.2.Vinay JainMar 01 2020 01:51:48 PM
Hello, We can see there is a major difference b/w Ujjavan SH quota and SBI SH quota. In Ujjivan Bank, the allotment was done Proportionate subject to minimum Bid Lot, in such case each shareholder got a minimum one lot, but in SBI Cards case it is proportionate basis. So if you apply 1 lot, there is a chance you will get partial share and if you apply 13 lots you are going to get 13 X partial share equivalent of 1 lot.
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