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Never involved in rights issue and I am not sure how it works. As a investor what all I have to do? I have 2k+1k shares in two accounts.
1) When the issue opens then we can bid for entitled quantity via ASBA, right. Can we bid for more quantity and chance to get that?
2) Is the price fixed during bid or it has some cind of cut off like in OFS?
3) Read that shares will be credited automatically in demat which either to be sold or used for application. This I find complex.
While I am studying, any experienced senior please explain in simple terms of can with example.

1 - Yes you can apply any quantity irrespective of your current holding (Must hold 1 Main share or RE)
2 - fixed prices same as IPO
3 - share will get credit in account and you can share as simple as you do for any other of your holding in Demat account