ASBA Procedure for Rights Issue

Online ASBA Procedure for Rights Issue

Step 1: Check Your Eligibility

You must be a shareholder on the record date to receive Rights Entitlements (REs) in your demat account.
REs will be credited to your demat account and are visible under the ISIN provided by the company.

Step 2: Log in to Your Bank's Net Banking

Login to your ASBA-enabled bank's net banking.
Navigate to 'IPO/ASBA' or 'Rights Issue' section (this varies by bank).

Step 3: Select the Rights Issue

You'll see the Rights Issue name listed if it's open.
Click on it to proceed with the application.

Step 4: Fill the Application Details

Your DP ID and Client ID (demat account details)
PAN
Number of REs held
Number of shares applying for (you can apply for additional REs; allotment is subject to subscription)
Bank account (should auto-fill)

Step 5: Submit and Block Funds

Review details and submit.
The application amount will be blocked in your account (not debited).
You'll get a confirmation message from your bank.

Physical ASBA Procedure for Rights Issue

Step 1: Download the Rights Application Form (CAF)

Available from:
- Company's website
- Registrar's website
- Stock exchange (NSE/BSE)
- Sent to you by email (if registered)
Also called Composite Application Form (CAF)

Step 2: Fill the Form

Name, PAN, address, email, phone
DP ID and Client ID (demat account)
Number of REs held and number of shares applying for
Bank account number and IFSC (from an SCSB bank)
Signature

Step 3: Submit to Bank

Submit the filled and signed form at the designated SCSB branch.
Bank blocks the application amount from your account.

Step 4: Track Your Application

You will receive an acknowledgment slip.
The bank forwards your application to the registrar.