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I think it says multiples of 10 so it would be 80.

At maximum of just 80 kittas, I will be sitting this out.

how about 83 kitta to be precisely of 49,883 rupees, is it applicable? or just 80 is there any rules for that ? it says min10-max 2lakh kitta
According to previous ipo,fpo record, upto 50,000rupees investor consider as small investor. not 500 kitta . good luck for falgun 11-14 for FPO.

Only 80 kitta. Because small investors are defined in terms of money not share kitta.

I dont know according to law but I think its just 80 kitta!
I think small investors don't reflact the no ie 500 but it should be amount ie Rs. 50,000!

Are small investors those who apply for total of Rs 50,000 (i.e. Rs 50,000/ 601 = approx 80 shares) or Rs 50,000 at face value (i.e. Rs 601 * 500 = Rs 3,00,500)?