Equity

[Step-by-Step Guide]: How to apply for Equity Shares buyback through Zerodha

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How to tender shares for buyback through Zerodha and how to apply for shares buyback through Zerodha

Introduction

Welcome to this article on how to apply for buyback OR tender buyback shares through Zerodha. Buyback, as you might know is one of the methods a company (listed/unlisted) uses to return excess cash reserves back to the shareholder.

Can you apply for equity shares buyback /tender equity shares through Zerodha?

Yes. You can apply for equity shares back / tender equity shares through Zerodha through this simple 3 (three) step process. This process will take a maximum of 15 minutes of your time. Please note that the buyback process through Zerodha will work ONLY in the offer window period. No applications will be accepted before/after the offer window period.

Step-by-Step Guide for tendering shares in buyback process through Zerodha

Time needed: 15 minutes

  1. Visit the Corporate Actions Section of Zerodha Console

    ◦ Visit the following link https://console.zerodha.com/portfolio/corporate-action-order-window.
    ◦ Login with your credentials, if requested for.

  2. Choose the company you wish to tender shares/ apply for buyback

    ◦ Mouse over the company name, whose shares you wish to tender for buyback.
    ◦ Click on the contextual menu that comes up (a blue bar with three white dots in it), and click “Place Order”.

  3. Enter the desired number of eligible shares you wish to tender for buyback

    ◦ In the next pop-up that comes up, enter the number of shares you wish to tender for buyback, and click “Submit”

  4. Done!

    ◦ You will see an “Order Received” message next to the company name.
    ◦ That is it. The buyback application/tendering process is now complete.

Conclusion

That is it. The tendering/buyback application process is now complete from your end. All you now need to do is to wait until the company (carrying out the buyback) completes the buyback process. Post the same, the investor will be informed of how many shares have been bought back by the company. Post the same, the unaccepted shares will be returned to the demat account of the investor, and the amount (for the accepted buyback shares) will be credited to the bank account mapped with Zerodha for the Equity trading account of Zerodha.

If you like this article, you might like out the other how-to guides on this website.

All the best in your investment journey! Best wishes to you!

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[Step-by-step Guide]: How to apply for IPO through HDFC Bank Netbanking

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Step-by-Step Guide on how to apply for IPO through HDFC Bank Netbanking

Introduction

Welcome to this webnotes.in post on how to apply for the latest IPO (Initial Public Offering) through HDFC Bank Netbanking. You might be wanting to apply for the latest red-hot 🔥 IPO that has astronomical GMP (Grey Market Premiums), and your broker/friend/relatives have guaranteed you that you will surely get a listing gain, if you get allotment. However, please note that the applications to IPOs have their risks, which you should research before applying.

Can you apply for IPO through HDFC Netbanking?

The answer is YES. You can apply for IPO through HDFC Bank Netbanking through their Netbanking portal. This process should broadly have six (6) steps, and should take a maximum of 30 minutes ⏳. This process employs the ASBA (Application Supported by Blocked Amounts) method. This ensures that the retails investor’s funds leave his bank account only upon allocation of shares in public issues. The ASBA process also ensures that only the requisite amount of funds is debited to the investor’s bank account on allotment of shares. In this mechanism, the need for refunds is completely eliminated. The entire process is listed below. However, please, please go through the below steps to avoid getting errors, especially a notorious xxxxxx error, which stops the application process in its tracks, and does not allow you to complete the application.

Pre-requisites before you start

Before we start with the application process, please ensure that the following steps/checks:

  • ⚠️ This is important! 🚨 You have allowed the pop-ups for HDFC Bank and HDFC Securities. You can find the processes online for your respective browser, but here we will list process steps to allow pop-ups for HDFC Bank and HDFC Securities in Google Chrome.
    1. Click the More More at the top right of the Chrome browser.
    2. Click Settings.
    3. At the bottom, click Advanced.
    4. Under “Privacy and security,” click Content settings.
    5. Click Popups.
    6. Under “Allowed“, click “Add“. Turn Allowed on or off.  Type https://[*.]hdfcsec.com and https://[*.]hdfcbank.com. This is will ensure that the pop-ups are allowed for HDFC Bank.
  • 📝 The applicant has a bank account with HDFC Bank
  • 📝 The applicant has a demat account (not necessarily with HDFC Securities. You may apply through this method, even if you have a demat account with any of the discount brokers like Zerodha, Upstox, Groww etc.)

Step-by-Step Guide on applying for IPO through HDFC Bank Netbanking

Time needed: 30 minutes

  1. Login to your HDFC Netbanking Account

    • Go to the HDFC Bank Netbanking URL https://netbanking.hdfcbank.com/netbanking/, and login with your Customer ID, and Password

  2. Under Request, go to the IPO Application section

    • Next, under the Request section on the left hand bar, click to expand
    • Here, click on the IPO Application option.
    • You will get a warning message that you are being redirected to an external site (hdfcsec.com). Here, click Continue.
    • The next screen will be an overview of all the IPOs (Initial Public Offerings) presently in the application window, and these issues can be applied for.

  3. Scroll, and select the IPO which you wish to apply for

    •Here, scroll to the IPO you wish to apply for. Also, please note the correct type of application. Sometimes, the same IPO will have multiple quotas viz. HNI quota, Retail quota, Shareholders quota, or policyholders quota. So, ensure that you apply in the correct quota, under the desired public issue.

  4. Fill in all the desired/required details for the IPO

    • In the “Place Order” screen, choose the correct option from the dropdown under “Select Investor Status”.
    • Under “Bid Details”, enter the desired number of shares under “Shares Bid for”. Do ensure that number of shares are in multiples of the declared lot size. Next to it, under “Price per share Rs. “,enter the desired unit share price you wish to apply for. A good tip is to check the “Cut-off Price” checkbox. This is eliminate any issues with the incorrect share price being entered.
    • Next enter your PAN (Permanent Account Number) details, along with the date of birth details.
    • Under “Depository Details”, choose from NSDL, or CDSL, as the case may be with your demat account details.
    • Under “DP Name”, enter your broker name viz. Zerodha, Upstox, Groww etc.
    • If your demat account is with NSDL, i.e. if your demat account number starts with “IN”, then split your 16 character demat account number into two blocks of 8 characters. Enter the first block of 8 characters starting with “IN” under DP ID, and the rest of the 8 characters (all digits) under “Beneficiary A/C no”.
    • If your demat account is with CDSL i.e. your demat account number is a 16 digit number. If you select the Depository Details as CDSL, then the DP ID would be greyed out. You would need to update the entire 16 digit account number in Beneficiary Account Number field itself.
    • Click “Proceed”.

  5. Confirm on the request for the Online Fund Hold

    • The next popup will be the confirmation screen. Click “Confirm” to proceed.
    • 🚨 In case the pop-ups are not activated, you will NOT get this screen. So, please go back, activate the pop-ups and perform the entire process once again.
    • Next, click “I agree” on the disclaimer.
    • Click “Submit” on the “Online Fund Hold” option to block the amount.

  6. Done!

    • The final screen indicates that your IPO bid has been successfully.

Conclusion

That is it. The entire process to apply for the IPO through HDFC Bank Netbanking has been completed. All you need to do now is to wait until the allotment process has been completed, and you receive the update on whether or not you have received the allotment.

All the best in your investment journey! Best wishes to you!

BSE, NSE, Stock Market Holiday List: 2022 Edition

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Stock Market Holiday List 2022, BSE Holidays, NSE Holidays

Introduction

Welcome to the post that lists the number of trading holidays in 2022, wherein the stock markets, viz. both NSE (National Stock Exchange), and BSE (Bombay Stock Exchange) will be shut for trading equity (equity delivery, as well as equity futures and equity options).

In 2022, there are 13 (thirteen) designated trading holidays for Indian Stock Markets.

On these days, the stock markets (viz. NSE, and BSE) will not be open for trading.

Stock Markets Holidays in 2022

Stock Market HolidayHoliday NameStock Market Holiday Date
01Republic Day26th January 2022 (Wednesday)
02Mahashivratri01st March 2022 (Tuesday)
03Holi18th March 2022 (Friday)
04Mahavir Jayanti as well as Dr. Babasaheb Ambedkar Jayanti14th April 2022 (Thursday)
05Good Friday15th April 2022 (Friday)
06Id-Ul-Fitr (Ramzan Id)03rd May 2022 (Tuesday)
07Muharram09th August 2022 (Tuesday)
08Indian Independence Day15th August 2022 (Monday)
09Ganesh Chaturthi31st August 2022 (Wednesday)
10Dussehra05th October 2022 (Wednesday)
11Diwali (Laxmi Puja)* Only Muharat Trading. 24th October 2022 (Monday)
12Diwali Balipratipada26th October 2022 (Wednesday)
13Guru Nanak Jayanti08th November 2022 (Tuesday)

So evaluating the month-on-month trend for stock market holidays in 2022,

there is 1 (one) in January 2022, 0 (zero) in February 2022, 2 (two) in March 2022, 2 (two) in April 2022, 1 (one) in May 2022, 0 (zero) in June and July 2022, 3 (three) in August 2022, 0 (zero) in September 2022, 3 (three) in October 2022, 1 (one) in November 2022, 0 (zero) in December 2022

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Muhurat Trading Day 2022

What is Muhurut trading ? What date is Muhurut Trading in 2022?

Muhurat trading is the auspicious stock market trading for an hour on Diwali (Deepawali). It is a symbolic and old ritual, that has been retained and observed for ages, by the trading community.  As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings wealth and prosperity throughout the year.

In 2022, Muhurut trading for Samvat 2079 will be held on 24th October 2022.

References:

Conclusion

So, basis the 2022 stock market holidays list, please plan your trading setups, or delivery based stock purchases accordingly. Hope you found this article helpful. If yes, please consider sharing this with anyone, who you think will find this useful.

Wish you the best!

Here’s how to check the IPO allotment status for 2021 IPOs!

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Introduction: How to check for the IPO allotment:

After applying for IPOs, the next step in every applicant’s mind is to check the allotment (whether he/she has received allotment). This post aims to list all the methods to check IPO allotment of 2021 IPOs.

Method 1: Check IPO allotment of 2021 IPOs through the RTAs

The IPO allotment status can be gotten by checking on the IPO registrar’s official website link for the allotment. Feedback indicates that this is the best method, but yes, on the date of allotment, there will be issues with websites (viz. some users not getting data, page not opening etc etc.).

You can search for your choice of IPO in the “Search” option to arrive quickly at the link. The last column will list the direct hyperlink to the IPO registrar’s website to directly check the IPO allotment status.

Check IPO allotment 2021 IPOs

IPO NameIPO Allotment Status
Zomato IPOCheck Zomato IPO Allotment
Suryoday Small Finance Bank IPOCheck Suryoday Small Finance Bank IPO allotment
Nazara Technologies IPOCheck Nazara Technologies IPO Allotment
Kalyan Jewellers IPOCheck Kalyan Jewellers IPO Allotment
Laxmi Organic IPOCheck Laxmi Organic IPO Allotment
Craftsman Automation IPOCheck Craftsman Automation IPO Allotment
Anupam Rasayan IPOCheck Anupam Rasayan IPO allotment
Easy Trip Planners IPO (EaseMyTrip IPO)Check EaseMyTrip IPO allotment
MTAR Technologies IPOCheck MTAR Technologies IPO allotment
Heranba Industries IPOHeranba Industries IPO allotment
RailTel Corporation of India Limited IPO (RailTel IPO)Check RailTel IPO allotment
Nureca Limited IPOCheck Nureca Limited IPO Allotment
Brookfield India Real Estate Trust REIT IPO (Brookfield India REIT IPO)Check Brookfield India REIT IPO Allotment
Stove Kraft IPOCheck Stove Kraft IPO allotment
Home First Finance IPOCheck Home First Finance IPO allotment
Indigo Paints IPOCheck Indigo Paints IPO Allotment
Indian Railway Finance Corporation Limited IPO (IRFC IPO)Check IRFC IPO allotment

Method 2: [Check IPO allotment of 2021 IPOs through NSE or BSE]

The first method to check the allotment status is through the stock exchanges.

Most of the IPOs are listed on either or both of the below exchanges:

  • Only on BSE (Bombay Stock Exchange), OR
  • Both NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).

Feedback from users indicate that the getting information from the exchanges is not conducive due to a host of reasons (either needing to create an account with NSE to check the status, OR the allotment status being uploaded with a significant delay).

Nevertheless, here are the links to check the IPO allotment status on BSE [link], and NSE [link] (you need to have a login account with NSE to proceed with the NSE option).

Method 3: Postal Mail and/or Email Intimation of the IPO allotment

In case you are patient, you will get an email from the IPO registrar with the details of allotment. Most registrars also dispatch a physical letter as well by snail mail.

Check out other how-to guides, and info-wiki articles on webnotes.in.

How to apply for IPO through HDFC Netbanking (ASBA method)

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How to apply for IPO through HDFC Bank Netbanking
How to apply for IPO through HDFC Bank Netbanking

Introduction

  • This post is for you, if you wish to apply for IPO through HDFC Bank Netbanking, while having a demat account, that is NOT with HDFC Securities.
  • This application is via the ASBA mode (ASBA: Application Supported by Blocked Amounts). In this system, the amount needed to apply for an IPO is blocked in the selected savings account, without being debited.
  • The IPO allotment is deducted from your bank account ONLY if you get the IPO allotment of shares.

Points to note: before you start:

  • You have a bank account with HDFC Bank.
  • You have a demat account (not necessarily with HDFC Securities), and you know the 16 digit demat account details (viz. Demat account number, name of the DP, and know whether the Demat account is with NSDL or CDSL).
  • This next step is important! You have allowed the pop-ups for HDFC Bank and HDFC Securities.  Following is the process to allow pop-ups for HDFC
    • For Google Chrome:
      • Click the More More at the top right of the Chrome browser
      • Click Settings.
      • At the bottom, click Advanced.
      • Under “Privacy and security,” click Content settings.
      • Click Popups.
      • Under “Allowed“, click “Add“. Turn Allowed on or off.  Type https://[*.]hdfcsec.com and https://[*.]hdfcbank.com. This will allow pop-ups, which are needed only for the IPO application.
    • You may search online for the steps to allow pop-ups for other browsers, and implement them.

Steps to apply for IPO through HDFC Bank Netbanking

Time needed: 30 minutes

  1. Login to HDFC Netbanking Portal

    Go to the URL for HDFC Netbanking https://netbanking.hdfcbank.com/.
    Log in with your credentials.

  2. Navigate to the IPO Application Module in HDFC Bank Netbanking

    Under Accounts, expand the Request option.
    Click the IPO Application option.
    Click on Continue when you see the message “You will be redirected to the IPO system. In case you want to proceed, please click on continue“.

  3. The IPO Module in HDFC Securities

    The IPO Application module in HDFC Securities will next open.
    This is the general overview window, which also lists the IPOs in the subscription window, and can be applied for.
    Choose the Issue IPO that you wish to apply for, and click “Apply” under “Action“.

  4. Overview/Update of Initial IPO/Issue Details

    Choose the appropriate option under “Select Investor Status“.
    You will next note the message: “ASBA (Application Supported by Blocked Amounts): This ensures that the retails investor’s funds leave his bank account only upon allocation of shares in public issues. The ASBA process also ensures that only the requisite amount of funds is debited to the investor’s bank account on allotment of shares. In this mechanism, the need for refunds is completely eliminated.“. Click OK..
    Next you can see the details of the IPO/Issue, if you click “More Info” at the bottom of the page. You will find details viz. Issue Name, Type, Price Band, Minimum Investment Value, Maximum Investment Value, Lot Size, Tick Size, Issue Date (Application Window), CutOff Time, and Cutoff-shares

  5. Enter the IPO bid details

    Under Bid Details:
    Enter the number of shares you wish to apply for under “Shares bid for“, and the price under the “Price per share” field. A good time saver would be tick the checkbox the “Cut Off Price“.

  6. Update the IPO applicant details

    The Applicant Name, and PAN (Permanent Account Number) details would have been pre-filled. Please note the FAQs to see the exception for applicants from the state of Sikkim
    Enter the Date of Birth, and Father’s/Husband’s Name.

  7. Enter the Demat Account Details

    Next enter demat account details.
    Choose the Depository from the drop down, viz. NSDL, or CDSL.
    Enter the DP Name (Depository Participant Name) in the next field.
    This next field will have two variations, viz. whether your depository is NSDL, or CDSL.
    If your depository is NSDL, enter the 8 alphanumeric characters of your demat account in the DP ID part, and the last 8 characters of your demat account number in the Beneficiary A/C no part.
    If your depository is CDSL, then the DP ID field is greyed our, and you can enter the entire 18 digit number in the Beneficiary A/C no field.

  8. Confirm the bank account details

    Confirm the HDFC Bank account details. (that is pre-filled).
    Next, click “Proceed“.

  9. Disclaimer Screen Read Receipt

    In the next screen, click “I agree” after the detailed disclaimer, if acceptable.

  10. Confirm the “Online Fund Hold”

    Next screen indicates that there is a cash shortfall, and asks for the account to arrange the money collect. Choose the account number, click “Submit“

  11. Confirmation of the IPO application bid

    The final screen in the process is the confirmation of the IPO application bid. And the application number, and transaction number is shared, along with the final message “Your bid has been successfully placed”..

    Congratulations! This is the end of the IPO application process.

FAQs

Test question.

Note(*)- 1.Enter SIKKIMCATG in PAN field, if you are a customer from the state of Sikkim
               2.Ensure that the name on the PAN card matches with the Demat Holder’s name

OR

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