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Rights issues can be applied through the ASBA or RTA website. An IPO Rights issue is a voluntary activity that allows the shareholders to purchase the additional shares. Visit Value Broking to understand the steps involved in applying rights issues at Kotak Securities.
You can easily apply for a rights issue at Kotak Securities through your net banking account using the ASBA procedure, or through the issuing company’s registrar.
There are Two Steps to Apply for Right Issues in Kotak Securities
- Via RTA
- ASBA/Net Banking Process
How to Apply Rights Issue via RTA (Registrar and Transfer Agents)?
RTAs in India include CAMS and KFin Technologies Limited. Below is the example of KFin Technologies Limited to demonstrate the method.
Steps | Descriptions |
1 | Go To KFin Technologies Limited RTA website |
2 | Determine the shares and shares and depository |
3 | Enter DP ID or Customer ID |
4 | Enter email address and cellphone number |
5 | Redirected to Zerodha Kite Profile |
Follow Steps to to Apply Rights Issue via RTA
Step 1: Go to the KFin Technologies Limited RTA website (https://rights.kfintech.com/). You will only have the opportunity to apply if the rights issue is open.
In this case, the “Apply for Rights Issue” option will be activated upon opening. But first, click on “email and mobile registration”.