Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Can I apply for a rights issue through my stockbroker?

The stock brokers generally do not allow you to apply for rights issues online.

Rights issue applications are submitted through banks using the ASBA facility. Stockbrokers primarily facilitate the buying and selling of Rights Entitlements (REs). Even if your broker displays rights issue information, the actual application and fund blocking happen through your bank.