Hi Good morning @ShubhS9 can u pls help me, i not able to see my RE Shares in Trading Platform
its showing something like this in console pls look at the Pic
This ISIN is for M&M Financial’s RE’s, you are seeing the quantity but other details like Price will only be shown once trading begins in RE on 28th July.
but its not showing in Kite how can i sell from Console
This will show in Kite when RE trading window opens, which is tomorrow.
No need to fill anything, this will be automatically fixed.
ohh thanks, can i able to see before market opens tomorrow
Hii Shubh…While applying for REs through ASBA there is one coloum of DP Name… That is my broker name ri8…? Please tell
Yes, enter your broker name.
Ok Thanks
Day is listing is August 27, how do i buy the RE shares then if issues period is - July 28, 2020 to August 11, 2020
@ShubhS9
That listing date is for M&M Financial’s rights shares.
Trading period for RE opens tomorrow, you can buy RE’s in market then.
As suggested to me above the RE in my case would be with broker(Zerodha), but i do not see them in my Console, when should l expect them so that i purchase the RE shares accordingly
If you sold the shares on 22nd July or have pledged the shares, RE’s will be credited to your account tomorrow.
Ok, Thanks ! Yes, I purchased on 21st and sold on 22nd.
@ShubhS9 I have 100 shares for RE, I bought few after, now it is 220 at average price of 183
If I buy RE tomorrow, will the average shares be inclusive of 100 shares by 29th?
can you also tell or share the link for how to send the RE if we don’t want to buy
Couldn’t understand what you are saying, can you explain more clearly?
If you don’t want to apply for rights shares, you can sell RE’s at premium from holdings like you sell any other stock.
so, I have 220 shares as of today, if I buy RE (100) will it be 320 shares?
No, you will have to use RE’s to apply for M&M Financial’s shares.
Any further action required on Zerodha side post the application? From where the funds will be deducted? Is it like online payment during the application or funds will be blocked like IPO and deducted later?
