Retail Investors can place bids via retail investors in both Retail category and/or Non Retail category (Non Institutional Investor (NII) category). Bids placed in Non Retail i.e NII category are not eligible for retail reservation and / or discount. 

Retail Investors who place bids in Retail Category upto Rs. 2 Lacs across Exchanges and have their PAN categorised as “Individual” will be eligible for retail reservation and / or discount. 

Retail Discount Eligibility
Individual PAN holders bidding up to ₹2 lakh in the Retail category (across exchanges) are eligible for reservation and discount benefits.