Before Rights Issue, i am holding 3150 shares of Vikas Life and 600 Vikas RE shares credited to my account. In next couple of trading days, i have sold all 600 RE shares at Rs. 1.19/- and again i have bought 1000 RE shares at Rs. 0.60/- on 15-11-2021. Later i have applied for RE shares in my sbi account through ASBA and payment has made for 1000 shares at Rs. 1.10/- on 22-11-2021. from then, i waiting for credit of extra shares of 1000 to my zerodha account but yesterday my sbi account sent message that holding of Rs. 1100/- was withdrawn and same has been credited to my savings account.
in view of the above, i asking am i lost extra 1000 shares ? is my investment of Rs. 600/- on 1000RE shares gone ??. why sbi withdrawn my holding amount ??
can anyone reply in this regard ? Thanks in Advance …
Hi Sir, I wanted to check if the final call for paying the balance amount has been made or not? There has been no communication received so far thus checking. Kindly revert thank you!
Update: Vikas Lifecare will be making first and final call payment for the partly-paid shares . The company has fixed January 14, 2022, as the record date to determine the the holders 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 Vikas Lifecare will be suspended from trading on exchanges with effect from January 13, 2022, and you will not be able to see this holdings on Kite.
Event Schedule
Payment
₹ 1.7 per share
Call Payment Period
January 20, 2022 to February 3, 2022
Allotment & Listing
Within 2 to 3 weeks from the last date of payment
How do I make the call payment
You can make call payment through the following modes:
Netbanking ASBA: Through the website of the SCSB’s.
Physical ASBA: By submitting a physical application to the Designated Branch of SCSB’s.
Cheque / Demand Draft.
What will happen if I don’t make the call payment?
If you fail to pay the call money the partly paid shares may be forfeited (the current Vikas Lifecare PP 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.
Below are the methods through which you can make the call payment:
If SBI hasn’t provided an option to make the payment, you can make payment by submitting an offline application to the bank. You can check more details on this here.
My Demat account is linked with IDBI bank account but in ASBA section of IDBI bank I can’t see the option for Vikas lifecare.
But I researched over internet and found that in SBI it’s showing and my father has sbi account so can I pay using his sbi account ? Because in sbi while paying one can add the applicant details there.
But it’s my father’s account. So can I pay from his account after adding my details there or do I need to pay from bank account linked to my demat account itself?
I have one more question below. Please answer that too.
So that’s clear I can’t pay from my father’s account coz it’s not on my name/ Pan card.
But I have hdfc bank account as well, and I checked vikas lifecare is showing there. The HDFC bank account is on my name and my pan card but this hdfc bank is not linked to my demat accout in zerodha rather the IDBI account is linked but vikas lifecare is ot showing there.
So want to finally confirm if I can pay using HDFC bank(On my name and pancard) even if my demat account(zerodha) is linked to IDBI bank? Sir, please read it carefully before answering coz my situation is little different
Also, do we get any email from vikas lifecare or anyone that you have made the payment for Rights issue of Vikas and it’s successful… something like this.
Does the email comes at the same moment after payment is made or takes days to come or doesn’t even come ?
You can make the payment through your HDFC Bank account. The bank account you are using doesn’t need to be linked to your trading account, it just has to be in your name.
You should get a notification from company’s RTA upon payment. Not sure about the timeline though.
My HDFC bank account is a joint account of me and my father. My demat account is on my name.
Now while filling form in HDFC bank internet banking, there are 3 boxes for applicant name and under those fields there are fields for pan card for those applicants.
Now, the first field “First applicant” is already filled with my father’s name and pan card and it’s not letting me edit it.
Now should I fill my name under second applicant? Will it work? or there’s no way now?
Will the application be rejected if I fill my name in second applicant coz it’s not letting me edit the first applicant field?
As you’re a second holder in this account, would suggest you check with the RTA, if the application will be successful in this case. You can write to them at [email protected]
Sorry sir, I am stuck somewhere while filling the form, could you please help me?
So the issue is I am using HDFC bank account where I am the first Holder but in the form there’s a dropdown and in the dropdown, it’s having 2 accounts numbers of HDFC bank, one is where I am the first holder and the other one is where I am the second owner.
So which should I select?
The scenario is there are 2 HDFC bank accounts - 1. I am the first holder, 2. I am the second holder.
My demat is linked to the account where I am second holder.
You suggested me to fill the form using the account where I am the only owner and I am filling the form using it.
Now in that form, there’s dropdown containing the above 2 bank acct numbers.
Which one should I select?
Please tell me if you understood the scenario? If not I can explain you in more detail.
Attaching the screenshot of the dropdown for better understanding.
