PMCFIN Corp Rights issue - Not updated

@ShubhS9 - Not able to see the PMCFIN Corp Rights issue in the Holdings even though SMS received that it has been credited and is only seen in Portfolio page. So what is the issue?

The rights issue opens for subscription and trading on exchanges from 7th November. So it will show in your Kite holdings only from then.

Then y SMS is received that REs r credited? Is it system issue

No Amey, the shares are credited to your demat account before they start trading on exchanges. Whenever the shares are credited, CDSL sends and SMS and email.

@ShubhS9 - Now I am not able to apply the PMCFIN Corp Rights issue thru ICICI Bank ASBA as ICICI Direct says “Price 1 should be multiples of 0.01” which I am not able to understand.

I have 390 rights and applying at the marked price of 2.75. So what shld be done here?

Not sure about this error. It might be something at banks end, best to reach out to the bank in this case.

Usually fir the rights issue you don’t have to enter the price on banks portal, it will be automatically filled as per issue price.

@ShubhS9 - This is the error I am experiencing and I have taken up the issue with the bank but should I complain to SEBI now.