It is an online platform where application for rights issue can be made through Non-ASBA mode and payment can be made online using net banking or UPI from Applicant’s own bank account. PLEASE NOTE THAT ONLY RESIDENT INDIVIDUAL INVESTORS CAN SUBMIT AN APPLICATION USING THE R-WAP.
Only Resident Investors making payment through own resident bank account can avail this facility. Non-resident Investors cannot use R-WAP.
Yes, shareholders holding Equity Shares in physical form, can apply through R-WAP, but shareholders have to provide their demat account details to the Company or the Registrar not later than two working days prior to the Issue Closing Date, to enable the credit of the Rights Entitlements by way of transfer from the escrow demat account to their respective demat accounts, at least one day before the Issue Closing Date. Such Eligible Equity Shareholders holding shares in physical form can update the details of their respective demat accounts on the website of the Registrar (i.e., https://www.mudrarta.com/submit-document-to-rta.php). Such Eligible Equity Shareholders hold Rights Equity Shares in physical form as on Record Date, can make an Application only after the Rights Entitlements is credited to their respective demat accounts.
In case you are an Eligible Equity Shareholder holding Equity Shares as on record date then you may refer either to the Rights Entitlements credited to your demat account or the Rights Entitlements Letter sent to you.
Eligible Equity Shareholders can obtain the details of their respective Rights Entitlements from the website of the Registrar (i.e. http://www.mudrarta.com/display_entitlement.php) by entering their DP ID and Client ID or Folio Number (in case of Eligible Equity Shareholders holding Equity Shares in physical form) and PAN.
1. Resident Eligible Equity Shareholders holding Equity Shares in demat form as on the Record Date.
2. Resident Eligible Equity Shareholders holding Equity Shares in physical folio as on the Record Date.
3. Resident Renouncee's having Rights Entitlements and also holding a valid demat account
At the R-WAP, resident Investors can access and submit the online Application Form in electronic mode using the R-WAP and make online payment using their internet banking or UPI facility from their own bank account thereat.
In case of non-Allotment or partial Allotment, surplus Application Money shall be refunded to the Investor after finalization of Basis of Allotment in consultation with the Designated Stock Exchange.
Yes, it is and additional optional mechanism for application in the Issue along with the ASBA mechanism.
No.
Yes, you may apply for additional shares along with entitled shares. Investors are eligible to apply for additional Rights Equity Shares over and above their Rights Entitlements, provided that they are eligible to apply for Rights Equity Shares under applicable law and they have applied for all the Rights Equity Shares forming part of their Rights Entitlements without renouncing them in whole or in part.
Eligible Equity Shareholders who renounce their Rights Entitlements cannot apply for additional Rights Equity Shares. Non-resident Renouncees who are not Eligible Equity Shareholders cannot apply for additional Rights Equity Shares. Further, resident Eligible Equity Shareholders who hold Equity Shares in physical form as on the Record Date cannot renounce until the details of their demat account are provided to our Company or the Registrar and the dematerialised Rights Entitlements are transferred from escrow demat account to the respective demat accounts of such Eligible Equity Shareholders within prescribed timelines. However, Such Eligible Equity Shareholders, where the dematerialised Rights Entitlements are transferred from the escrow demat account to the respective demat accounts within prescribed timelines, can apply for additional Rights Equity Shares while submitting the Application through ASBA process or using R-WAP.
Yes, In case of an UPI.
Only retail internet banking facility is available on R-WAP. Corporates can’t apply through internet banking on R-WAP.
In case you are using a Net Banking facility for making payment, then the option is available only for below mentioned banks:
|
Sr No. |
Bank Name |
Sr No. |
Bank Name |
|
1 |
ALLAHABAD BANK |
2 |
ANDHRA BANK |
|
3 |
AU SMALL FINANCE BANK LIMITED |
4 |
AXIS BANK LTD |
|
5 |
BANK OF BARODA |
6 |
BANK OF INDIA |
|
7 |
CANARA BANK |
8 |
CITY UNION BANK LTD |
|
9 |
DEUTSCHE BANK |
10 |
HDFC BANK LTD |
|
11 |
ICICI BANK LTD |
12 |
IDBI BANK LTD |
|
13 |
INDIAN BANK |
14 |
INDIAN OVERSEAS BANK |
|
15 |
INDUSIND BANK LIMITED |
16 |
KARUR VYSYA BANK LTD |
|
17 |
KOTAK MAHINDRA BANK LTD |
18 |
PUNJAB NATIONAL BANK |
|
19 |
SARASWAT BANK LTD |
20 |
SOUTH INDIAN BANK LTD |
|
21 |
STANDARD CHARTERED BANK |
22 |
STATE BANK OF INDIA |
|
23 |
TAMILNADU MERCHANTILE BANK |
24 |
THE DHANLAXMI BANK LTD |
|
25 |
THE HSBC LTD. |
26 |
THE JAMMU AND KASHMIR BANK LIMITED |
|
27 |
THE SHAMRAO VITHAL COOP BANK LTD |
28 |
TJSB SAHAKARI BANK LTD |
|
29 |
UNION BANK OF INDIA |
30 |
YES BANK LTD |
No. The bank details to be used for making payment through this platform must have your name as one of the joint holders along with the family / friends otherwise it will be treated as third party payments and will be rejected as per May 06, 2020 Rights Issue Circular and July 24, 2020- Rights Issue Circular. The same should be specified while making the application.
No. Option to use credit card for making payment is not available on this platform
In case of Net Banking, there is no restriction on amount on R-WAP. However, maximum amount will be as per the limit set by applicants’ respective banks. In case of UPI, the payment can be made only upto Rs. 2 lakhs.
Please check if you have provided the correct details. You can write to us at on our given numbers.
Please write to us at admin@mudrarta.com or call us at (011- 40450193-97,) and we shall provide the status.
No. Once the application is submitted, it is final. However, application can be withdrawn by sending an email with withdrawal request during the issue period. Further, no Investor can withdraw his/ her/ its application post the Issue Closing Date.
Issue of Shares to existing shareholders as on record date is called a Rights Issue. The rights are offered in a ratio to the number of shares or convertible securities held by the shareholder as on the record date.
