when some company issues the right share and you have that company or want to apply its right share by buying from the secondary market. That’s great, you can apply the right share of any company if you have that company’s share until its book closure day.
But when you are eligible to apply that right share but have no idea how to apply the right share online? don’t worry, I’m here to share knowledge about how you can apply the right share.
How to apply for the right share online?
if you want to apply the right share online you should have a Meroshare account. Then you can apply IPO/FPO/Right share through online easily.
- Login to your mero share account which is eligible to apply for the right share of that company.
- GO to my Asba section
- If you are eligible You can see the list of companies that issue the right share in the APPLY FOR ISSUE section.
- click on the apply button
- then, you can select your bank and account no.
- you can also see the no. of right share how many quantities you can apply in this issue.
- you don’t need to enter the applied kitta but if you want to apply the less amount of units you can change that number also.
- At last, you must enter your CRN number, check the box with the tick, and click on the PROCEED button
- after that, you must enter the 4-digit PIN, and click on the apply button.
- if you fill it correctly you will see the successfully applied message on your screen in the green box. Otherwise, you will see some error message in the red box and then you should correct some details as per that message.
How To Apply for the Right Share from the Bank? or offline
If you don’t want to apply for the right share of your company online you can go to your bank fill out the form and submit it.
you can download the form from the company’s and the issue manager’s websites.
this is the process to apply the right share of any company online and offline. I hope you will understand the process and, methods.
if you have any queries let me know in the comment box.