Sir i am Apply through fintech and i am get ril re 18 share applying for 18 right issue if i am don’t apply for this my money lapse or refund and what after i got right issue lockinperiod
1800 425 8998 this reliance right issue number i also connect through this if you don’t sold your right on 29.05.2020 you right is lapse after 04 June if you don’t apply for right issue .
Can anyone please tell me what whenever i try to fill it is showing. Third party validation failed.
I bought shares through secondary market
Selected the option renouncee
In the column no; of shares applied for i typed in number of shares i bought
After everything it shows third party validation failed
Hi @mohitmehra and everyone else,
I’m in a fix, please help me 
So I had 15 shares of RIL and thus am entitled to 1 Right. Since I’m new to the Stock market when RIL RE was trading I purchased 126 of these shares. To my surprise I realised that I now need to apply for these rights else my Rs28000 will be a loss. I am alright to pay for these, can you guide me through what steps I need to perform on the RTA portal? How much do I have to pay for these rights and will I be able to redeem the initial 28000 invested? Thanks a lot in advance 
Dear All, I am a RIL shareholder as on record date and also bought RE from the market. When i go to the RTA website and try to apply i am unable to find my RE credited, can only see my original entitlement? If i try the renouncee option, I am getting an error stating I am not a renouncee on record date. What do I do? Help! !
Giving a little more details:-
- I used Zerodha to buy RIL RE.
- I purchased 126 RIL RE.
- Do I apply for the rights of all 126 shares? (Ie an initial payment of 126*314 = ~39000)
- If yes, after making my payment through UPI, the initial premium that I had paid for the rights (~28000) will be refunded to my bank account?
Hello. Good morning.
I have a question about the RIL-RE shares. I have bought a few shares of RIL-RE from my Zerodha Account and they listed in the holdings. I cannot see them in the holdings anymore. The value of investment has also decreased but it is still shown in the console. Could you please explain this? Will i lose the money?
Reliance REs were a temporary instrument traded from May 20th to 29th. Anyone who purchased the REs is entitled to apply for as many partly-paid rights shares of Reliance. You will not get the money paid for the REs back. Instead, you will be able to apply for the rights shares from the RTA’s website or using netbnking ASBA till June 3rd. If you don’t, your REs will lapse unutilised.
Yes, you’re entitled to 126 shares. You may apply for more but you may or may not get the additional shares.
No, the initial premium you’ve paid forms part of the cost. There is no refund of premium paid to acquire REs.
Thank you so much for the prompt response @mohit, I understood how the rights issue works .
Just one more small clarification, what is the difference between “I am a shareholder as on Record Date and undertake to hold RE till issue closing date” and " I am renouncee and hold rights entitlement in valid demat account to hold RE till issue closing date"
Which option would I have to choose in that case?
I have the same problem.
Hello Mohit,
I have a question for the rights entitlement.
I was a shareholder as of record date, and also purchased additional rights. However, when I choose the option of renounce on Karvy website, it says I have no rights. If I select, I am a shareholder as a record date it only shows rights that I was allotted based on record date. Thank you!
The RTA is only showing the eligibility as on record date. They do not have systems in place to reconcile the records of purchased REs in real time. You can apply for your original entitlement+purchased REs together and the RTA will check whether you have the requisite number of REs when they are performing allotment.
Thank you so much. I really appreciate it.
Third party validation may fail if your name in your bank account is wrongly/differently spelled. In such cases, you may either use a different bank account which is in your name or you may use netbanking ASBA to apply if your bank supports it,
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Can you share the link for asba.
- I have existing 100 (200) and need to apply for 100(314.25) more in right issue. Revised price will be 514.25 for each for me. At what price it will be start listing on 12th june’20.
2)Can I sold partially paid on 12th june’20.
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I have 20 shares @ 200rs . If I buy them at 314 rs then I will get these shares or not. If I pay rs 314 and did not get shares then what happens to these 314 rs which I pay
Hi, I had the following Reliance Rights in my Kite profile on May 29 that I don’t see today:
- 3 Rights allocated based on the 50 shares I hold.
- 100 Rights bought at 202.7 per right on May 20. Could you please let me know why I don’t see them on my profile?
Also, now when I go to the RTA website to apply, I see only 3 rights and not 103. Please help me understand this. Thanks, Yogaraj
Can you help with this?