SBI BONDS - October 2010 - BASIS OF ALLOTMENT

SBI BONDS BASIS OF ALLOTMENT

 

• Allotment is first come first serve basis which is based on the date of application in accordance with reservation for each category.

                    i.e                            RETAIL (Individual investing upto 5 lakhs)           = 250CR.+ 250CR.

                                                    HNI       (Individual investing over 5 lakhs)          = 125CR. +125CR.

                                                    NIIs, QIBs & CORPORATES                                  = 125CR.+125CCR.

• In case any category as per the issue is undersubscribed the subscription received will be allocated first to Retail Applicants, second to HNI applicants and then to NIIs , Corporates and QIBs category.

 

• In oversubscription case the application received on oversubscrition day preference will be given to series 2 Lower Tier II Bonds on first come first serve basis.

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