Updating Buy Cost of Transferred In Scrips

Zerodha
1

Hi All,

Recently moved my stock holdings (total 40 plus scripts) from IIFL to Zerodha. Now these scrips were purchased over course of 4-5 years at IIFL as well as gained through bonus / splits etc.

On Q when I go and see these holdings there is Zero Buy Value / Buy Avg. There is option to enter Buy Value which takes to Discrepant Holdings page as below
https://q.zerodha.com/report/discrepant/

I am not clear on how to use this because it ask too many things like SYMBOL, QUANTITY, RATE, DATE, ISIN and also not clear on entry. The Customer Care was clueless.

My queries are:

  1. If I put say a scrip purchased in 2012 at xyz price will the corresponding splits / bonus be updated?
  2. It ask for Symbol but putting in doesn’t auto-complete. Also how to put ISIN - for few of my old holidngs see ISIN being different at time of purchase and now like BHEL

The biggest worry here is the footnote which says

  • Discrepant holdings can’t be edited once entered.

Now for lack of detailed instructions and knowledge even at Customer Care, how can one do this rightly?

2

Hey,

You could go through this question on their support portal.

To answer your 1st query - unfortunately, as of now, you will have to re-enter the discrepant quantity whenever there are further bonus/splits.

To enter the Symbol copy paste it from the NSE or BSE website.

For the ISIN, enter the current ISIN of that stock, which can be easily found on the NSE or BSE website on the stock page.

Also, be careful, while entering these details as it cant be edited, I made an error while entering HDFC life IPO details, and now I’m keeping manual track of P&L till i sell it.

Hope this helped :slight_smile:

1 Like
3

@Gagan
Use the correct word sir.
Scrip means share
’Script’ is a wrong word

4

Thanks for the reply and the link. I couldn’t find it earlier myself.

Ok, clear that bonus / splits are to be re-entered…but how do we keep track of same. Does email message come from Zerodha when these bonus are added to DEMAT?

Also as an example for BHEL, I put only price of say 10 shares which I purchased way back at xyz price. And now in Demat there are say 30 shares (because of splits / bonus over years) so how will gain be shown ? Will it consider the cost of 10xyz and use that to compare today 30CMP ?

I am lost here… and biggest worry is since we can’t edit need to be very sure

5

Thanks, corrected.

6

No, you will have to keep track manually. NSE/BSE sites.

In case of a split you don’t have to do anything. Once the FV changes the price will automatically be adjusted.

Enter “0” as the discrepant price.

1 Like
7

@Sanket @P.A.W - thanks for the replies and guidance here.