Partly paid share will not trade AFTER 19 July 2024 .
Hi @Nitin_P / Team,
I had applied for the RE issue and i got about 1500 PP shares in zerodha.
And also i purchased 3000 PP shares from open market in another account. Hope i will get the call notice for paying the remaining amount for these 3000 PP shares.
Thanks
Yes, you will get the call payment notice whenever the company decides to collect the balance payment.
Is there any timeline decided for this?
No, thereâs no specific timeline. This depends on the company.
https://www.bseindia.com/xml-data/corpfiling/AttachLive/e3628146-d9bc-4c4e-934f-335452235f8b.pdf @ShubhS9 Please update the details.
Update: Indiabulls Housing Finance (now known as Sammaan Capital Limited) will be making the first and final call for the payment of partly paid shares. The company has fixed July 22, 2024, as the record date to determine the shareholders of partly paid shares to whom the final call notice would be sent. You can check the announcement from the company here.
As a result, the partly-paid shares of Sammaan Capital Limited (SAMMAANPP) will be suspended from trading on exchanges from July 19, 2024, and you will not be able to see these holdings on Kite.
Event Schedule | |
---|---|
Payment | âš 100 per share |
Call Payment Period | August 8, 2024 - August 22, 2024 |
Allotment & Listing | Within 2-3 weeks from the last date of payment |
How do I make the call payment
You can make call payment via the following modes:
- Netbanking ASBA: Through the website of the SCSBâs.
- Physical ASBA: Submitting a physical application to the Designated Branch of SCSB.
You can check the list of SCSB (Self Certified Syndicate Banks) here.
What will happen if I donât make the call payment?
If you fail to pay the call money the partly-paid shares may be forfeited (the current Sammaan Capital Limited partly-paid shares you hold will be worthless and will not trade on exchanges as the company will allot new shares under different ISIN). The company may also levy interest on the amount you owe.
Hi All,
small confusion. I am trying to make the payment for call money using HDFC Bank IPO ASBA facility.
- Under DP Name there are not enough characters allowed to enter âZerodha Broking Limitedâ fully .Can i put âZerodhaâ instead here ?
- And âBenificiary Account Numberâ is the 16digit Id starting with 12081600xxxxxxxx which is mentioned as Demat (BO) in our console profile right ?
Yes, you can enter Zerodha.
Yep.
I missed to make the payment . Now what is the option ?
âAny idea when the listing will be?â
Hello All,
I see the REâs are now converted into full shares and listed.
However the Buy Average is not reflected in kite. Also it is mentioned that this trade might have some discrepancies and we need to add trades manually.
So i had paid Rs 50/- per share at the time of Rights Issue and Rs 100/- per share as call money. I am little confused as how to compute the buy average and how to add the manual trades.
I am getting a sense that the buy average should be Rs 50 basis this below doc. but that does not make sense.
Please help to clarify thanks.
The average price will be updated automatically from our end. You donât have to do anything from your end.