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 more shares in a rights issue?

Yes. In addition to your entitled shares, you can apply for additional (excess) shares. When filling your rights issue application (online or offline), there’s an option to apply for excess shares beyond your entitlement.

If some shareholders don’t subscribe to their entitlements, these leftover shares are redistributed among applicants who requested extra shares—usually on a pro-rata basis.

Note: Applying for excess shares does not guarantee allotment; it depends on availability after all valid applications are processed.