Everything you need to know about Shriram Transport Finance Corporation rights issue

What is Rweb?

It’s R-WAP, registrar’s portal to apply for Rights Issue.

If we are not doing vid NetBanking , v need to do via RWAP, right?


Hello SIr,

if we doing via RWAP it has to go via netbanking by default. right

how we can do netbanking without RWAP.

please correct me.


If your Bank supports ASBA you can apply through your banks Net Banking portal. The process is same as IPO, explained in this post.

getting little confused now.
can i do net banking through RWAP.
also requesting the details if any on “once you get in to RWAP till successfull completion of application.”


Bhai Sa.e problem with me. CAll me seven zero zero two three four four five zero zero

Yes, When you apply through R-WAP, payment has to be made through Net Banking.

Sir, is there any limitations from bank side while applying share for my RE’s

Hope bank will allow buying based on RE shares I have right?

No limitations from Bank, you can apply for shares equal to RE’s you have.

Hello Sir,

Please correct my understanding and advice

1.) we can apply for rights issue in 2 ways.
1st way - Through there private bank from Netbanking ASBA.(no need of R-WAP)
2nd way - through R-WAP inturn will go to netbanking and block amount once done.

2.) if i go through R-WAP, it shows only which i am " **No. of shares Entitled" ie 8 shares only in my case.
where in which i brought 1300 shares also . that comes to 1308 shares in total.
while submitting “Total No. of shares applied for” should be 1308. what if i entered incorrect here.

3.) while applying through Net banking ASBA, page displays information of mail id and phone number registered with the bank.
But my phone number and mail id with zerodha is different, is that fine because both are different.

4.) in netbanking, DP Account* is : 16digit number / (CDSL) / DP name is Zerodha / Quantity in my case is 1308

5.) since last date to apply is 30th July 2020 – what is the end time on that day to apply.(like till market close or till midnight or any specific time to close.)

6.) since I have to transfer the amount from Zerodha to my bank account.(I have closed couple of my holdings on 24th Jully) – since I need to wait for T+2 days for funds to be available to transfer.- can you please advice time lines as to when it will be available and when I request for fund transfer and weather I can make it before end date of 30th July.(little worried since am dependent on that money)

too many questions. Am sorry. Thanks

Yes, you have two ways to apply for rights shares.

Make sure you enter correct number, in your case 1308.

This is alright.


You can apply till midnight, but don’t leave it this late.

You sold your shares on 24th, you should be able to withdraw funds on 28th evening, once processed your funds will be transferred within 24 hours (Say you will have funds in your bank account by 29 evening) you will still have a day to apply for rights shares.

Sir actually i was holding 260 shares of shri ram transport share and was given a right issue of 30 shares in which i don’t want to apply for.
But suddenly it started showing on the tradin platform as srtransrebe and it was looking quite cheap so i bought total of 102 shares @ 107 and today it is not showing even in my holdings and my total portfolio balance is also reduced by around 12000 rupees would i get my money back which i paid in this ree bee in case i dont apply for rights issue.
As i had the option for only 30 shares and i bought 102 rebe shares.
Don’t know what to do please help.

The RE’s have stopped trading, so you won’t see them in Kite holdings anymore, though they are still in your Demat and can be viewed in holdings on Console.

No you won’t get your money back. You will have to apply for rights shares or you will lose all the money paid to buy these RE’s.

You can use those 102 RE’s to apply for Rights Shares as well, you can apply for total 132 shares now.

Sir i have my bank account in sbi how would i be able to apply for these 132 shares ??
And for how much time my money would be blocked?
Would i get all 132 shares?
I have my account with zerodha?

And sir will the trading price woul be same for all srtransfin share or it would trade at different price or the same price for example current price of rupees 706 per share.
And what would you suggest should i buy those 132 shares to avoid my 11000 loss is it worthy to invest in srtransfin re be share?

Yes, you can apply via SBI, the process is similar to applying for IPO via Net Banking ASBA, the process is explained here.

Funds will be blocked until allotment happens.

Yes, you will get 132 shares.

The price will be the same for these shares.

Can’t tell about future prospects about the company, but if you don’t apply for rights shares you will lose all the money paid to purchase RE’s.

Would allotment take around 1 month to get completed?
And there are complete chances that i would be allocated 132 shares since i have paid 107 rupees per share for 102 shares quantity and the rights issue which i hot for 30 shares?

And per share price which i need to pay is 570 or 590???
So basically that ree be option was for those clients who do bot have Shriram transport share and still wants to apply in the rights issue they need to pay the premium between 80-140 per share?
But if i didn’t get whole 132 shares would there be a partial repayment of those share @107 which is my buying price?