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RELIANCE RIGHT ISSUE

Ii has come a after nearly 30 years

right s would trade in the range of Rs 200 to Rs 250 as per market sources and calculations

those who get the right of 6 shares is likely to get one additional share if applied

Ratio calculated by Market experts 1 : 6 (but this will be changed as some people may not be apply as shares are not in Demat )

try your luck to get it between Rs 175 to Rs 225

@chem cho. I have 100 Share of Reliance and Applied 6 share. Amount blocked 1885.50 which is 314.24 x 6.
Now query is that how will need to pay rest of payment ? i.e.
payment 25 % MAY 2021 RS 314.25
PAYMENT 50% NOV 2021 RS 628.50

What if we don't pay pending payment? How will they collect it?

Will 6 Share lock in until full payment not done?

Dear Chem cho,
A lot of small investors who had entitlement of 10-15 rights have applied for close to 100-150 shares... roughly 10 times of their entitlement. Still the issue is subscribed ~1.6x. Does this means that one who had applied for 150 shares will get close to 90 shares?