 "IPO")
Investors who have applied for SBI Cards’ initial public offering (IPO) have been given allotment with the condition that they will make the payment using a different bank account before Friday, said people in the know. This ends the uncertainty on whether YES Bank’s clients would be considered for allotment, in light of the 30-day moratorium imposed by the Reserve Bank of India. The allotment for the Rs 10,300-crore share sale was finalised on Wednesday.
Nearly Rs 1,500 crore worth of bids in the IPO have come from YES Bank accounts. A bulk of these allotments were made by
Nearly Rs 1,500 crore worth of bids in the IPO have come from YES Bank accounts. A bulk of these allotments were made by
