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How SBI shareholders can bid twice in arm's IPO

Markets-Economic Times · 4h ago · 🇮🇳 India
How SBI shareholders can bid twice in arm's IPO

SBI shareholders receive a special reservation in the SBI Funds Management IPO. This offers an additional opportunity for allotment compared to retail investors. Eligible shareholders can submit two applications, one retail and one shareholder. Allotment in each category is decided independently and separately. Investors owning SBI shares may apply in both categories to improve chances.

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