# Everything you need to know about the SEPC Limited rights issue 2023
**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032
**Category:** Announcements
**Created:** [December 6, 2023, 7:21am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032 "2023-12-06T07:21:39Z")
**Posts on this page:** 20
**Page:** 1
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 6, 2023, 7:21am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/1 "2023-12-06T07:21:39Z")
SEPC Limited (SEPC) has announced a rights issue of 38,384,615 equity shares aggregating up to Rs. 49.9 crore. The rights issue opens for subscription on December 6, 2023, and will close on December 18, 2023.
Anyone who holds shares of SEPC Limited as of November 28, 2023 (record date) will be eligible for receiving Rights Entitlements (REs). These REs will be temporarily traded on the stock exchanges and will then be extinguished. You can either use the REs to apply for the rights shares of the company or you can sell them in the market.
You can check the announcement from the company [here](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09414ac7-6dfd-4f29-9e67-8fd841472b9e.pdf).
You will be eligible for Rights Entitlements (REs) if you’ve bought the shares on or before November 27, 2023. The ex-date is November 28, 2023.
### Rights Issue Details
| | |
| --- | --- |
| Issue Period | December 6, 2023 - December 18, 2023 |
| RE Trading Period | December 6, 2023 - December 12, 2023 |
| RE Symbol | SEPC-RE1 |
| Issue Price | Rs. 13 per share |
| Ratio | 1:36 |
| Ex-date | November 28, 2023 |
| Record Date | November 28, 2023 |
| Tentative Date of Allotment for rights shares | December 22, 2023 |
| Tentative Date of Credit of rights shares | December 27, 2023 |
| Tentative Date of Listing for rights shares | December 29, 2023 |
# How to apply for SEPC Limited Rights Issue?
Once you either receive the REs from the company or purchase them from the market, you can apply for the rights shares using the below methods;
- Online via Netbanking ASBA
- Offline by submitting the [Application Form](https://www.bseindia.com/downloads/ipo/Application%20Form_041220231828.pdf) to the nearest branch of [SCSB (Self Certified Syndicate Bank)](https://www.bseindia.com/downloads/ipo/application%20form_050420231837.pdf)
You can check the application process [here](https://tradingqna.com/t/how-do-i-apply-for-the-rights-issue-of-piramal-enterprises/33380/3).
You will need to enter your Demat account’s [Beneficiary Owner ID](https://support.zerodha.com/category/your-zerodha-account/dp-id-and-bank-details/articles/what-is-my-bo-id) which is a 16-digit number while applying for the rights issue.
**The option to apply for rights shares through the RTAs portal is not available for this rights issue.**
#### What will happen to my purchased holding of RE shares if I do not apply for the rights issue?
Your REs will lapse and you will lose the premium paid to acquire them. The RE will be in the form of temporary demat securities which will lapse if not renounced/exercised once the trading window is closed.
#### I don’t have the shares but bought REs, am I still eligible to apply for the rights issue?
In case you have bought REs but don’t have shares, you’re still eligible for the rights issue. You may apply for the rights shares either through the RTA’s portal or via net banking ASBA if your bank allows it. If you don’t take any action, and let the REs remain in your Zerodha account, they will lapse after the issue.
You can read more FAQ’s on Rights Issue and Rights Entitlements [here](https://support.zerodha.com/category/trading-and-markets/corporate-actions/articles/rightsentitlement).
---
### Author:  [@Dhruvmishra](https://tradingqna.com/u/Dhruvmishra)
#### Post date: [December 11, 2023, 1:58pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/2 "2023-12-11T13:58:29Z")
Can anybody apply for more shares than eligible shares i.e. if anyone eligible for n shares than one can apply for (n+m) shares?
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 11, 2023, 2:29pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/3 "2023-12-11T14:29:13Z")
> [@Dhruvmishra](#):
>
> Can anybody apply for more shares than eligible shares i.e. if anyone eligible for n shares than one can apply for (n+m) shares?
Yes, Dhruv. You can apply for any number of shares. The allotment will be guaranteed to the extent of REs held, for the remaining shares, the allotment will be done on a lottery basis. If you don’t get the allotment, the amount will be refunded.
---
### Author:  [@Noprofitnoloss](https://tradingqna.com/u/Noprofitnoloss)
#### Post date: [December 12, 2023, 3:49am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/4 "2023-12-12T03:49:18Z")
Can the application process (including payment) be done online? I see that this link shows registration page: [SEPC LTD| Home :: Cameo](https://rights.cameoindia.com/sepc2/). But I’m unsure of the whole process. Is this the RTA?
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 12, 2023, 10:10am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/5 "2023-12-12T10:10:33Z")
> [@Noprofitnoloss](#):
>
> Can the application process (including payment) be done online? I see that this link shows registration page: [SEPC LTD| Home :: Cameo](https://rights.cameoindia.com/sepc2/). But I’m unsure of the whole process. Is this the RTA?
During COVID time RTA used to give an option to apply through their website, but this is now not available. You can apply online via Netbanking ASBA if your bank is providing option to do so. If not, then the application has to be submitted offline to designated branch of SCSB. You can check the process [here](https://tradingqna.com/t/how-do-i-apply-for-the-rights-issue-of-piramal-enterprises/33380/3).
---
### Author:  [@Noprofitnoloss](https://tradingqna.com/u/Noprofitnoloss)
#### Post date: [December 12, 2023, 4:40pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/6 "2023-12-12T16:40:23Z")
Thank you!
---
### Author:  [@Naveen\_Garg](https://tradingqna.com/u/Naveen_Garg)
#### Post date: [December 13, 2023, 5:44am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/7 "2023-12-13T05:44:37Z")
I have 600 sepc re1 shares but now they are showing inactive stocks. Now i can apply for right issue which are issuing on 13/- rs rates. If i apply for right issue then what will happen to my already buy shares at rs 7/- per share
---
### Author:  [@pankaj\_gangwar](https://tradingqna.com/u/pankaj_gangwar)
#### Post date: [December 13, 2023, 6:18am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/8 "2023-12-13T06:18:32Z")
Kinldy reply above query. I am on the same boat. 😀
---
### Author:  [@Krish\_Sarkar](https://tradingqna.com/u/Krish_Sarkar)
#### Post date: [December 13, 2023, 6:34am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/9 "2023-12-13T06:34:02Z")
CDSL client id accept hi nhi kr rh login pe
---
### Author:  [@Krish\_Sarkar](https://tradingqna.com/u/Krish_Sarkar)
#### Post date: [December 13, 2023, 6:34am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/10 "2023-12-13T06:34:11Z")
SAME, I PURCHASED SEPC-RE1 what to do now??? lol i dont wanna lose my money
i bought just yesterday
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 13, 2023, 7:03am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/11 "2023-12-13T07:03:26Z")
> [@Naveen\_Garg](#):
>
> I have 600 sepc re1 shares but now they are showing inactive stocks. Now i can apply for right issue which are issuing on 13/- rs rates. If i apply for right issue then what will happen to my already buy shares at rs 7/- per share
REs are temporarily tradable securities, that have to be used for applying for rights shares. The amount you pay for purchasing REs goes to the shareholder who sold them.
If you don’t apply then you will lose all the premium paid for buying the REs.
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 13, 2023, 7:04am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/12 "2023-12-13T07:04:27Z")
> [@Krish\_Sarkar](#):
>
> SAME, I PURCHASED SEPC-RE1 what to do now??? lol i dont wanna lose my money
>
> i bought just yesterday
You will have to apply for rights shares. Have explained the application process above:
> [@ShubhS9](#):
>
> # How to apply for SEPC Limited Rights Issue?
>
> Once you either receive the REs from the company or purchase them from the market, you can apply for the rights shares using the below methods;
>
> - Online via Netbanking ASBA
> - Offline by submitting the [Application Form](https://www.bseindia.com/downloads/ipo/Application%20Form_041220231828.pdf) to the nearest branch of [SCSB (Self Certified Syndicate Bank)](https://www.bseindia.com/downloads/ipo/application%20form_050420231837.pdf)
>
> You can check the application process [here](https://tradingqna.com/t/how-do-i-apply-for-the-rights-issue-of-piramal-enterprises/33380/3).
>
> You will need to enter your Demat account’s [Beneficiary Owner ID](https://support.zerodha.com/category/your-zerodha-account/dp-id-and-bank-details/articles/what-is-my-bo-id) which is a 16-digit number while applying for the rights issue.
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 13, 2023, 7:06am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/13 "2023-12-13T07:06:07Z")
If you weren’t shareholder of the company on record date and bought REs from secondary market, then no record will be shown.
You can still apply for rights shares as you hold REs. The allotment will be guaranteed up to the extent of REs held.
---
### Author:  [@Anirudh4](https://tradingqna.com/u/Anirudh4)
#### Post date: [December 13, 2023, 7:16am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/14 "2023-12-13T07:16:41Z")
Thanks Shubh.
I was not a SEPC shareholder & have bought REs.
Suppose If I bought 1000 SEPC REs, & now I need to apply for 1000 RE’s & pay Rs.13 per RE, as per the process you have described. So, will I recieve 1000 SEPC stocks on the day of allotment/listing?
Kindly suggest
---
### Author:  [@SwapnilNirhali](https://tradingqna.com/u/SwapnilNirhali)
#### Post date: [December 13, 2023, 7:16am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/15 "2023-12-13T07:16:44Z")
Yesterday bought rights of SEPC . Also through my bank have blocked the capital , through Netbanking ASBA . Today I am unable to see the SEPC-RE1 in the Holdings section …should I be worried ?
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 13, 2023, 7:41am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/16 "2023-12-13T07:41:41Z")
> [@Anirudh4](#):
>
> Suppose If I bought 1000 SEPC REs, & now I need to apply for 1000 RE’s & pay Rs.13 per RE, as per the process you have described. So, will I recieve 1000 SEPC stocks on the day of allotment/listing?
Yes. As you hold 1000 REs, you will receive allotment for 1000 shares upon application.
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 13, 2023, 7:43am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/17 "2023-12-13T07:43:06Z")
> [@SwapnilNirhali](#):
>
> Yesterday bought rights of SEPC . Also through my bank have blocked the capital , through Netbanking ASBA . Today I am unable to see the SEPC-RE1 in the Holdings section …should I be worried ?
No, the trading window for SEPC-RE1 closed yesterday, so these will not show in your holdings now.
Once the allotment is done, you will get shares of the company and once they are listed on the exchange, they will show in your holdings.
---
### Author:  [@Krish\_Sarkar](https://tradingqna.com/u/Krish_Sarkar)
#### Post date: [December 15, 2023, 8:51am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/18 "2023-12-15T08:51:17Z")
today i claimed the rights and paid 13rs per share
i bought 59 shares of sepc-re1 for almost 450rs
and now i paid more 767rs for the rights (59\*13)
what now??? i paid almost 1217rs what will happen now?? will i get back my 450rs or idk???
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 15, 2023, 9:02am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/19 "2023-12-15T09:02:54Z")
> [@Krish\_Sarkar](#):
>
> today i claimed the rights and paid 13rs per share
> i bought 59 shares of sepc-re1 for almost 450rs
> and now i paid more 767rs for the rights (59\*13)
>
> what now??? i paid almost 1217rs what will happen now?? will i get back my 450rs or idk???
The amount you paid for purchasing the REs goes to the shareholder who sold you the shares. You won’t get this amount back.
You will now get the shares of the company. The tentative date for allotment 22nd December and listing date is 29th December.
---
### Author:  [@Krish\_Sarkar](https://tradingqna.com/u/Krish_Sarkar)
#### Post date: [December 15, 2023, 11:10am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-sepc-limited-rights-issue-2023/157032/20 "2023-12-15T11:10:11Z")
one more thing😅 i heard they are giving 1 share for 36 re share, and i bidded for 59 shares which means i should get 1.6 share but as its in decimal it will round off to 1 share…and i loss
now can i add more bid?? for 23 units which will give me 2 sepc-ltd share.
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