State bank of India right issue was oversubscribed, as i have asked additional share, but they did not allot?



State bank of India right issue was oversubscribed, as i have asked additional share, but they did not allot?

What does that indicate ?

should we buy from market for more gain ?

Rate these answers

2 Replies to “State bank of India right issue was oversubscribed, as i have asked additional share, but they did not allot?”


  1. normally for the rights issue, u will be eligible for a specific no. of shares based on ur current holding.
    Of courseu can purchase additional shares in the market. SBI is a great story and definitely a blue chip.





Leave a Reply

Your email address will not be published. Required fields are marked *