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

[ShubhS9]

@Kartik_Kulkarni

Sir i have my bank account in sbi how would i be able to apply for these 132 shares ??

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

@Kartik_Kulkarni

And for how much time my money would be blocked?

Funds will be blocked until allotment happens.

@Kartik_Kulkarni

Would i get all 132 shares?

Yes, you will get 132 shares.

@Kartik_Kulkarni

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.

The price will be the same for these shares.

@Kartik_Kulkarni

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?

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.