How Do I Apply for Right Issue at Angel One?
Angel One offers its customers a wide range of services, including rights issues. A rights issue is an invitation or action taken by corporations to allow their existing shareholders to purchase more shares at low prices. There are two simple procedures for applying for rights issues. Customers can either apply through the Registrar’s Website or the Angel One Trading Platform.
Steps to Apply for Rights Issue at Angel One through Registrar’s (RTA) Website
Customers can follow the below-given steps to apply for rights issues at Angel One through the Registrar’s website:
| Steps | Description |
| 1 | Visit Registrar’s Website |
| 2 | Provide PAN Card and DP Details |
| 3 | Enter the Number of Shares |
| 4 | Make Payment |
| 5 | Receive Confirmation Email |
| 6 | Shares Credited to Demat Account |
How Do I Apply for Rights Issue at Angel One Using Registrar Website Method?
If you are an Angel One existing stockholder and wish to buy more shares through their right issues and services, then follow the given steps to simplify your journey:
Step 1: Go to the Registrar’s website.
Step 2: Provide the basic details like PAN card and DP ID.
Step 3: Select the number of shares that you wish to buy.
Step 4: Select your desired payment method, and make the payment to confirm your purchase of rights issues.
Step 5: Once your payment is confirmed, you will get a confirmation email, that you have completed applying for the right issues.
Step 6: Within 10 to 15 days of successfully applying for the rights issue, the share will be credited to your Demat account.
Note: In case you do not receive your shares in the Demat account for 15 days, you can enquire about it with the RTA. Visit the BSE India website and go to the Corp Information section to get the details of RTA.
Steps to Apply for Rights Issue at Angel One through Angel One Trading Platform
To apply for rights issues via the Angel One Trading Platform, customers can follow the below-given steps:
| Steps | Description |
| 1 | Search Company’s Name |
| 2 | Select the Company |
| 3 | Make Payment |
| 4 | Receive a Confirmation Email along with the Procedure for Applying |
| 5 | Click on ‘Apply Now’ |
| 6 | Redirected to Registrar’s Website |
| 7 | Follow the RTA Steps and Apply |
How Do I Apply for Rights Issue at Angel One Through Angel One Trading Platform?
Here’s a step-by-step guide to applying for rights issues through the Angel One Trading Platform:
Step 1: Various companies provide the rights issue; you need to search for the company’s name whose shares you wish to apply for.
Step 2: Tap on the company you have selected, and place a buy order by paying the obligatory premium.
Step 3: Once the payment is successful, you will receive a confirmation email from Angel One. The email includes the rights issue details along with the procedure to apply for rights issues.
Step 4: Within the email, you will receive an ‘Apply Now’ button, click on it.
Step 5: On clicking the ‘Apply Now’ button, you will be redirected to the RTA website.
Step 6: Follow the steps of the RTA website mentioned above in the blog and apply for the rights issue.
There are two simple methods, by which the existing shareholders of Angel One can easily apply for rights issues. The first is the ‘Registrar’s Website’ and the second is ‘Angel One Trading Platform’. Both methods are straightforward and require only a few steps to finalise the rights issue service. Within a maximum of 15 days, the shares are credited to the customer’s Demat account. In case of any inconvenience regarding the shared credit, customers can reach out to RTA to check the status of their rights issue.