How Do I Apply for the Right Issue at Sharekhan?
Share Khan allows investors to participate in the right issues through their platform. Let’s understand step-by-step how you can apply for the right issues at Sharekhan:
Applying the Right Issue at Sharekhan
The following is the breakdown of how you can apply for the right issue at Sharekhan:
| Step | Action |
| 1 | Sign in to your Sharekhan account |
| 2 | Locate the IPO/FPO/Buyback section |
| 3 | Select the desired rights issue |
| 4 | Enter your Demat account details |
| 5 | Specify the number of shares to purchase |
| 6 | Review, accept terms, and submit the order |
| 7 | Funds will deducted and the allotted share will be displayed in the Demat account |
Steps to Apply for the Right Issue at Sharekhan
To apply for the right issues through Sharekhan, one needs to follow the below-listed steps:
Step 1: Sign in to your Sharekhan account using the website or mobile trading app. Be ready with your login details to begin the process smoothly.
Step 2: Find the IPO/FPO/Buyback option within the platform. This area usually contains all available rights issues for your consideration.
Step 3: Select the specific rights issue you want to participate in from the list of current offerings.
Step 4: Input Demat account details, including your DP ID and Demat account number.
Step 5: State the number of shares you wish to purchase. Consider your investment objectives and ensure your linked bank account has sufficient funds for the transaction.
Step 6: Review and accept the terms and conditions presented by Sharekhan. Once satisfied, submit your order through the platform.
Step 7: After the right issue closes and shares are allocated, the appropriate funds will be deducted from your account. The allotted shares will then appear in your Demat account, completing the process.
By following these steps, you can submit your application for the right issue via Sharekhan. Always read all terms and conditions carefully before confirming your order.