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How to apply for the right issue through Registrar Transfer Agent?

If your bank doesn’t support ASBA facility then you can apply for a right issue through Registrar & transfer agent (RTA). RTA accepts online right issue applications through their website portal. In India, Karvy and CAMS are the two RTAs that allow customers to subscribe to company’s right shares.

Steps to apply for right issues through RTA website (R-WAP):

  1. Visit any RTA’s (Karvy or CAMS) website.
  2. Go to the “Right Issue” option.
  3. Click on the “Apply for Right Issue” that you want to subscribe.
  4. Select your depository and enter details like DP ID, client ID, etc.
  5. Verify all the details and click on submit.

Once you’ve subscribed to an IPO, the allotment details will be sent to your registered mobile number and email ID.

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