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Reliance Industries Rights Issue May 2020 Review Article's Messages

1 Comments

1. mukesh

| Link|June 10, 2020 7:52:26 PMReply

Guys:

Lets do following - in reporting the allotments etc in Rights
Original entitlement -
Shares applied including additional -
Any market buy of Ril-RE
final allotment

this would help in understanding how much excess allocation is made to each holders.

for me - I had entitlement of 15 Shares, bought Ril-Re 500, applied for 1000 shares,
allotment made - ????

Load more comments (15 replies)

1.1. Amit K

| Link|June 10, 2020 11:41:34 PM

No excess allotment not even the fractional amount. I applied for 5 times my entitlement but got credit for exactly the same as eligible..

Also i had applied via RWAP which means money got debited on same day.

But in other account applied via ASBA there is not allotment done as yet

1.2. Krish

| Link|June 11, 2020 9:37:16 AM

Amit, I think you are mistaken. The allotted shares are not credited in Demat yet. I think you are confusing with the rights entitlement (RE) which are still shown in Demat account. The allotment has not been published yet. A few retail investors have missed out due to lack of funds, third party accounts etc, and it is expected that one would get additional share allotment for fractional holding.

1.3. Praveen

| Link|June 11, 2020 10:56:00 AM

RE 8
Purchased from market 700
Applied 808
Allotted 710

1.4. mukesh

| Link|June 11, 2020 10:59:49 AM

@ Praveen:
1. where did you see this?
2. is the bank debited?
3. have the RIL-RE shares been removed from the demat?

1.5. Ritesh

| Link|June 11, 2020 11:00:36 AM

Where did you check the allotment?

1.6. Krish

| Link|June 11, 2020 11:02:08 AM

Hi, I applied for 100 against an entitlement of 56. Am allotted 63. ICICI Bank/ASBA. Amount debited.

1.7. Praveen

| Link|June 11, 2020 11:10:10 AM

My bank a/c debited asba application shows allotment of 710 shares.

1.8. Mukesh

| Link|June 11, 2020 5:26:03 PM

1. anybody can confirm if HDFCbank ASBA got debited?
2. Anybody can see the credit of RIL-PP shares in their demat accounts yet?
3. Any link to check the status of allotment etc?

1.9. Ou Ai

| Link|June 11, 2020 5:26:26 PM

From allotment pattern as reported by several investors , RIL allotted approximately 10% of original shareholding over the right entitlement to those applying additional shares.

1.10. Mukesh Jain

| Link|June 11, 2020 6:01:34 PM

still no confirmation from hdfcbank about asba debit!

1.11. shyam

| Link|June 11, 2020 7:10:35 PM

any update for hdfc bank asba process

1.12. Swaminathan

| Link|June 11, 2020 7:33:36 PM

Applied 240 Allotted 240 shares all bought in secondary market

1.13. Ritesh

| Link|June 11, 2020 7:43:48 PM

I had entitlement of 6 Shares, bought Ril-Re 394, applied for 500 shares,
allotment made - 401

1.14. Krish

| Link|June 11, 2020 7:53:52 PM

Checked my CDSL share balances. Bank account refund not issued as yet. RWAP/Zerodha

Entitlement =33, RE purchase =1100, Applied = 1200, Allotted = 1137

1.15. Mukesh Jain

| Link|June 11, 2020 9:03:34 PM

has anyone - got amount debitted from HDFCbank???

1.16. Mukesh Jain

| Link|June 12, 2020 9:06:05 AM

money deducted in HDFCbank, got 10% excess in the entitlement, none extra on the renounced shares.

1.17. Mukesh Jain

| Link|June 14, 2020 5:56:35 PM

https://www.bseindia.com/markets/MarketInfo/DispNoticesNCirculars.aspx?Noticeid=%7B636F6C35-0F8B-42A6-BF00-6D5E7769D8CD%7D¬iceno=20200612-1&dt=06/12/2020&icount=1&totcount=1&flag=0