Rajiv Gandhi Equity Savings Scheme - FAQs

Size: px
Start display at page:

Download "Rajiv Gandhi Equity Savings Scheme - FAQs"

Transcription

1 Rajiv Gandhi Equity Savings Scheme - FAQs

2 Introduction 1. What is Rajiv Gandhi Equity Savings Scheme, 2012? With an objective to encourage the savings of the small investors in domestic capital market, the Government of India announced a scheme named Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS). 2. What does the RGESS envisage? A new section 80CCG under the Income Tax Act, 1961 on Deduction in respect of investment under an equity savings scheme is introduced to give tax benefits to New Retail Investors who invest up to Rs.50,000 in Eligible Securities and whose gross total annual income is less than or equal to Rs.10 Lakhs.

3 Introduction 3. Who is a 'New Retail Investor'? A 'New Retail Investor' is any resident Individual who has not opened a demat account and has not made any transactions in the equity or derivative segment as on the date of notification of the scheme i.e., November 23, In case the demat account is opened as a first holder, but there are no transactions in the equity or derivate segment, still the person is eligible. In case the individuals name is in the demat account as a joint holder, then the person is still eligible for the deduction.

4 Introduction 4. What are eligible securities? These companies must be a part of either 'CNX-100' of NSE or BSE-100. These companies can be public sector enterprises which are categorized as Maharatna, Navratna or Miniratna by the Central Government. The details of eligible securities are available at the website of NSE ( & BSE ( Mutual Fund schemes which are RGESS compliant. Exchange Traded Funds Schemes which are RGESS compliant. These shares can either be purchased in the secondary market or also subscribed to at the time of IPO/NFO.

5 Tax Benefits

6 Tax Benefits 1. What is the maximum amount i require to invest for availing tax benefits in RGESS? You can invest a maximum amount Rs.50,000 for availing tax benefits in RGESS. 2. How much tax deduction will i be eligible under RGESS? You will be eligible to get tax deduction on 50% of the amount invested. Let us say, you invest Rs.50,000 under RGESS, the amount eligible for tax deduction will be Rs.25,000 from your income. Let us say, you invest Rs.40,000 under RGESS, the amount eligible for tax deduction will be Rs.20,000 from your income. 3. Is this tax deduction of maximum of Rs.50,000 over and above limit of Rs.1,00,000 that is currently available for me under section 80C of income tax act? Yes. You can avail Rs.1,00,000 under Section 80C of Income Tax Act and Rs.25,000 for maximum investment of Rs.50,000 under 80CCG.

7 Mode of Holding Eligible Securities

8 Eligible Securities 1. What will be the mode of holding eligible securities? The mode of holding eligible securities under RGESS will be in a 'Demat account'. 2. How can I open a demat account? You can open a demat account with any Participant of NSDL/CDSL. 3. What are the formalities that I need to fulfill at the time of opening demat account? You will be required to fulfill the KYC requirements i.e., submit proof of identity, address, PAN etc as prescribed by SEBI to Depository Participant where you wish to open a demat account.

9 Eligible Securities 4. In case I already have a demat account? In case you already have a demat account and are otherwise eligible for RGESS benefit, you can designate your existing demat account as a RGESS account by approaching your Depository Participant. 5. Is there any specific document to be submitted to my depository participant for designating the demat account for RGESS? Yes. You will be required to submit a declaration in 'Form A' duly signed by the account holder(s) for designating the demat account for RGESS. 6. Where will I get 'Form A'? You can get 'Form A' from your Depository Participant, where you have designated your demat account for RGESS.

10 Eligible Securities 7. Can I designate or open more than one demat account for RGESS? No. You can have only one demat account across depositories (i.e., NSDL / CDSL) for RGESS. 8. Can I hold other securities i.e., other than eligible securities in my demat account designated for RGESS? Yes. Other securities (viz., equity shares, debentures, bonds, mutual fund units, etc.) can be held in the demat account designated for RGESS.

11 Mode of investing in RGESS

12 Mode of Investing in RGESS 1. How do I invest in eligible securities of RGESS? First and foremost, you need to have a demat account with any Depository Participant. The demat account must be designated as RGESS. For investing in any eligible securities from the secondary market, you can approach any SEBI registered stock broker. In case you are investing in mutual funds through any distributor, you need to simply provide your demat account details like Demat Account Number and DP ID for receiving credit of the mutual fund units into the demat account. For investing in any IPO/NFO of the eligible securities, you can subscribe for the same and provide your demat account number for receiving credit of the eligible securities into the demat account.

13 Holding of Investments RGESS Fixed Lock-in Period

14 RGESS Fixed Lock-in Period 1. What is the holding period for investments made under RGESS? Once the investments are made in the eligible securities, they must be locked-in for a period of three years from the date of investment. In case you intend to dispose of the holdings earlier than three years, it can be done after completion of at least one year from the date of investment subject to certain conditions. Thus, the holding period under RGESS is for three years, which includes Fixed Lock-in for one year and Flexible lock-in for two years. Example: Let us say, you have purchased eligible securities worth Rs. 50,000 in a RGESS designated demat account on December 31, The eligible securities will be in Fixed lock-in till December 30, 2013 and for flexible lock-in till December 30, 2015.

15 Holding of Investments RGESS Flexible Lock-in Period

16 RGESS Flexible Lock-in Period 1. What is 'flexible lock-in' period? During Flexible lock-in period, you can dispose your eligible securities subject to certain conditions as follows; If you dispose eligible securities during Flexible lock-in period, then Investment portfolio must be atleast equivalent to deduction amount claimed. This can be by way of increase in market value. This condition must be met for 270 days in a year for two years; or In case the investment portfolio has not increased, then new investments must be made in eligible securities in such a manner that the value of investment portfolio becomes: Atleast equivalent to the investment claimed as eligible for deduction; or Equal the value of investment portfolio before such sale.whichever is less

17 Miscellaneous

18 Miscellaneous 1. What will happen to my demat account at the end of flexible lock-in period? Your demat account that was designated for RGESS will be converted into a regular or ordinary demat account at the end of the flexible lock-in period. 2. At any given time in case I fail to comply with any condition specified in the scheme? The benefits availed there under for the financial year will be withdrawn and you shall be liable to tax as per the provisions of the Income Tax Act, Source for the FAQ: NSE

19 About Ashika Group

20 About the Ashika Group Ashika Group is a premier financial services provider, offering Trading in equity, commodity, currency; Depository through CDSL and NSDL; Distribution in Mutual Fund, IPO, Stock SIP, NSEL Fixed Income Contract, Bond and NCD Issue; Corporate Lending and Investment Banking. We began operations in Over the last 18 years, we have served the specific needs of more than 85,000 clients and 600 business associates. Headquartered at Kolkata, the company (ASBL) has its registered office at Nariman Point, Mumbai.

21 Reach Us Head Office Trinity, 226/1, A.J.C. Bose Road, 7th Floor, Kolkata West Bengal, India Tel: Toll-free: Fax: If you are interested in the Rajiv Gandhi Equity Savings Scheme (RGESS) kindly contact: Ms. Sweta Jain Telephone: (Extn. 251) Mobile: Visit us at

22 Registration Nos SEBI Registration Nos. NSE : INB / INF / INE MCX-SX : INE BSE : INB / INF CDSL : IN-DP-CDSL / DPID : NSDL : IN-DP-NSDL / DPID : IN PMS : INP Merchant Banker : INM FMC Unique Membership Code NCDEX : NCDEX/TCM/CORP/0045 MCX : MCX/TCM/CORP/0241 ICEX : ICEX/TCM/CORP/0125 NMCE : NMCE/TCM/CORP/0130 ACE : ACEL/TCM/CORP/0213 N-SPOT : NCDEXSPOT/110/CO/11/20537 NSEL Member Id : AMFI Registration No. ARN-12417

23 TRADING DEPOSITORY DISTRIBUTION CORPORATE LENDING INVESTMENT BANKING Trinity, 226/I, A.J.C. Bose Road, 7th Floor, Kolkata , Toll Free: Ph: Fax: Website:

24 THANK YOU

Further, the Dividend income is tax free, if the company is liable to dividend distribution tax.

Further, the Dividend income is tax free, if the company is liable to dividend distribution tax. FAQs (Frequently Asked Questions) on RGESS Rajiv Gandhi Equity Savings Scheme (RGESS) 1. What is RGESS? Rajiv Gandhi Equity Savings Scheme (RGESS), is a tax saving scheme announced in the Union Budget

More information

Ashika Group Corporate Profile

Ashika Group Corporate Profile Ashika Group Corporate Profile July, 2015 Ashika Group - Vision Ashika Group aims to be a globally recognized financial services provider and to achieve its goals, it adheres to ethos, values and principles

More information

Central Depository Services (India) Limited

Central Depository Services (India) Limited Central Depository Services (India) Limited Convenient Dependable Secure COMMUNIQUÉ TO DEPOSITORY PARTICIPANTS CDSL/OPS/DP/POLCY/3352 December 03, 2012 NOTIFICATION ON THE RAJIV GANDHI EQUITY SAVINGS SCHEME,

More information

Central Depository Services (India) Limited

Central Depository Services (India) Limited Central Depository Services (India) Limited Convenient Dependable Secure COMMUNIQUÉ TO DEPOSITORY PARTICIPANTS CDSL/OPS/DP/POLCY/4232 February 06, 2014 RAJIV GANDHI EQUITY SAVINGS SCHEME (RGESS), 2013

More information

Investment Ideas. Options Strategies

Investment Ideas. Options Strategies MOSL s Advisory Investment Ideas Momentum Calls Delivery Ideas Positional Calls Market Momentum Few to Few Intraday For Traders who wish to settle their positions on the same day Stocks are held for a

More information

IDBI Capital Markets & Securities Ltd. SEBI Regn. No. NSE - CASH, F&O & CD INZ BSE - CASH & F&O INZ AMFI Registration No.

IDBI Capital Markets & Securities Ltd. SEBI Regn. No. NSE - CASH, F&O & CD INZ BSE - CASH & F&O INZ AMFI Registration No. IDBI Capital Markets & Securities Ltd. SEBI Regn. No. NSE - CASH, F&O & CD INZ000007237 BSE - CASH & F&O INZ000007237 AMFI Registration No. ARN - 0893 3rd Floor, Mafatlal Centre, Nariman Point, Mumbai

More information

Securities Lending & Borrowing Mechanism (SLBM)

Securities Lending & Borrowing Mechanism (SLBM) Securities Lending & Borrowing Mechanism (SLBM) Are you.. Looking for opportunities to earn from your long term Equity investments? Need a low risk option? Which also secures your precious holdings? SLBM

More information

RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking)

RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS The income by way of interest on these Bonds is exempt from Income Tax and shall not form part of

More information

This Is A Voluntary Document

This Is A Voluntary Document This Is A Voluntary Document Date : Sub : Registration of Email Id(s) for receipt of Reports Exchange : I / We choose to and would accordingly like to receive my / our Dayend Reports, Balance Confirmation

More information

Central Depository Services (India) Limited

Central Depository Services (India) Limited Central Depository Services (India) Limited Convenient Dependable Secure COMMUNIQUÉ TO DEPOSITORY PARTICIPANTS CDSL/OPS/DP/POLCY/3361 December 06, 2012 SEBI CIRCULAR RAJIV GANDHI EQUITY SAVINGS SCHEME,

More information

About PhillipCapital 2. Procedure to get Backoffice Username and Password 3. Funds Payin Equity 5-6. Pledge Creation and Pledge Release Equity 7

About PhillipCapital 2. Procedure to get Backoffice Username and Password 3. Funds Payin Equity 5-6. Pledge Creation and Pledge Release Equity 7 House Rules Index DESCRIPTION PAGE NO. Go to Page About PhillipCapital 2 Procedure to get Backoffice Username and Password 3 Backoffice Application Summary Equity and Currency section 3 4 Funds Payin Equity

More information

The issue offers yield ranging from % to % depending upon the series applied for and category of investor

The issue offers yield ranging from % to % depending upon the series applied for and category of investor INVESTMENT RATIONALE The issue offers yield ranging from 12.25 % to 12.6184% depending upon the series applied for and category of investor Opportunity to invest in a subsidiary of Religare Enterprises

More information

L&T Finance Holdings Ltd.

L&T Finance Holdings Ltd. IPO NOTE 25 th July, 2011 L&T Finance Holdings Ltd. SECTOR: NBFC SUBSCRIBE Issue Snapshot Issue Open 27-Jul-11 Issue Close 29-Jul-11 Price Band (INR) 51-59 Issue Size (INR Mn) 15,750 Pre-IPO Placement

More information

Birla Sun Life Focused Equity Fund - Series 6

Birla Sun Life Focused Equity Fund - Series 6 Scheme Information Document Birla Sun Life Focused Equity Fund - Series 6 (A Close ended Equity Scheme investing in Eligible Securities as per Rajiv Gandhi Equity Savings Scheme, 2013) This product is

More information

TATA CAPITAL FINANCIAL SERVICES LIMITED

TATA CAPITAL FINANCIAL SERVICES LIMITED TATA CAPITAL FINANCIAL SERVICES LIMITED INVESTMENT RATIONALE: The issue offers yields ranging from 8.70% to 9.10% depending up on the Category of Investor and the option applied for. Credit Rating of"

More information

The Manager. 2. Declaration of dividend of Re.0.60/- per share on equity shares of Re.1/- each for the financial year ended March 31, 2018.

The Manager. 2. Declaration of dividend of Re.0.60/- per share on equity shares of Re.1/- each for the financial year ended March 31, 2018. GIL/2018-19 28th August, 2018 The Manager BSE Limited Department of Corporate Services Floor 25, P. J. Towers, Dalal Street Mumbai - 400 001 Fax No. 022-2272-3121/1278/1557/3354 Security Code: 526797 The

More information

HDFC Retirement Savings Fund: FAQs

HDFC Retirement Savings Fund: FAQs HDFC Retirement Savings Fund: FAQs 1. What is HDFC Retirement Savings Fund? HDFC Retirement Savings Fund, an open ended notified tax savings cum pension scheme with no assured returns, is a mutual fund

More information

Sundaram. TOP 100-Series-V. (A close ended equity scheme which shall invest in eligible securities as per Rajiv Gandhi Equity Savings Scheme, 2012)

Sundaram. TOP 100-Series-V. (A close ended equity scheme which shall invest in eligible securities as per Rajiv Gandhi Equity Savings Scheme, 2012) SCHEME INFORMATION DOCUMENT Sundaram TOP 100-Series-V (A close ended equity scheme which shall invest in eligible securities as per Rajiv Gandhi Equity Savings Scheme, 2012) This product is suitable for

More information

RALLIS INDIA LIMITED

RALLIS INDIA LIMITED RALLIS INDIA LIMITED Corporate Identity No. L36992MH 1948PLC014083 2nd Floor Sharda Terraces Plot No 65 Sector 11 CBD Belapur Navi Mumbai 400 614 Tel 91 22 6776 1657 Fax 91 226776 1775 email pmeherhomji@rallis.co.in

More information

Sudar Garments. IPO NOTE 21 February, 2011 SECTOR: TEXTILES AVOID. Investment Rationale. Investment Concerns. Valuation & Recommendation

Sudar Garments. IPO NOTE 21 February, 2011 SECTOR: TEXTILES AVOID. Investment Rationale. Investment Concerns. Valuation & Recommendation IPO NOTE 21 February, 2011 Sudar Garments SECTOR: TEXTILES AVOID Issue Snapshot Issue Open: 21-Feb-11 Issue Close: 24-Feb-11 Price Band (INR) 72 to 77 Issue Size (INR Mn) 654 to 700 Market Cap (INR Mn)

More information

Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by. National Highways Authority of India (NHAI)

Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by. National Highways Authority of India (NHAI) Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by National Highways Authority of India (NHAI) NHAI - Tax Free Bonds A. K. Stockmart Pvt. Ltd. Public Issue of Tax Free Secured

More information

Business Proposal SKUNG GROUP

Business Proposal SKUNG GROUP Business Proposal SKUNG GROUP This Proposal is a brief write up of our Areas of expertise, Working model, Revenue sharing model, Trading platform, Marketing support, compliances etc. Dear Sir/Madam, We

More information

Scheme. product is. This. seeking: Investors should. Fund Offer. Note: their NEW NEW. day s notice. in one daily subscription list of the New.

Scheme. product is. This. seeking: Investors should. Fund Offer. Note: their NEW NEW. day s notice. in one daily subscription list of the New. Scheme Information Document Birla Sun Life Focused Equity Fund - Series 5 (A Close ended Equity Scheme investing in Eligible Securities as per Rajiv Gandhi Equity Savings Scheme, 2013) This product is

More information

Alankit Assignments Limited

Alankit Assignments Limited Alankit Assignments Limited Registrars and Share Transfer Agent (RTA) 22 January 2014 Copyrights Reserved 2014 1 of 18 Roadmap Our Vision & Mission About Us Business Verticals RTA - Functions RTA - Services

More information

A Primer Quick Reference User Manual

A Primer Quick Reference User Manual A Primer Quick Reference User Manual [December 2010] INDEX Sr. No. Details Page No. 1 About BSE 3 2 3 4 5 6 Genesis of the StAR MF platform 4 Benefits for the stakeholders 4 StAR MF platform 5 Application

More information

National Thermal Power Corporation Limited (NTPC)

National Thermal Power Corporation Limited (NTPC) National Thermal Power Corporation Limited (NTPC) Equity Research Desk FPO Note 2 nd February, 2010 Highlights of the Issue Issue Snapshot Issue Period: Feb 03 - Feb 05 2010 Floor Price Issue Size Market

More information

Frequently Asked Questions

Frequently Asked Questions GUIDE & FAQs 1 Frequently Asked Questions What is the Check website? The Check website is an online portal from which Bank of America Corporate Card holders have real-time access to their. This portal

More information

COMBINED SCHEME INFORMATION DOCUMENT (EQUITY ORIENTED SCHEMES & FUND OF FUNDS SCHEME)

COMBINED SCHEME INFORMATION DOCUMENT (EQUITY ORIENTED SCHEMES & FUND OF FUNDS SCHEME) COMBINED SCHEME INFORMATION DOCUMENT (EQUITY ORIENTED SCHEMES & FUND OF FUNDS SCHEME) Continuous Offer of Units at Applicable NAV Name of Mutual Fund : HDFC Mutual Fund Name of Asset Management Company

More information

Fundamental Calls. Commodity, Currency & IRF Trading Calls. Visit us at For Private Circulation only.

Fundamental Calls. Commodity, Currency & IRF Trading Calls. Visit us at  For Private Circulation only. Visit us at www.sharekhan.com May 07, 2015 Fundamental Calls Fundamental Currency Call 5/1/2015 Buy NSE JPYINR at 53.75 stop loss 53.35 target 54.2/54.4 Weakness in DX after Soft Economic Data, BOJ Maintains

More information

Listing Requirement. Initial Public Offering - Equity

Listing Requirement. Initial Public Offering - Equity Listing Requirement Initial Public Offering - Equity Listing Requirement - IPO Criteria for Initial Public Offerings (IPO) The applicant Company shall be in compliance with SEBI (Issue of Capital & Disclosure

More information

Financial Framework in India

Financial Framework in India Financial Framework in India For Finance related courses and CSE Main Optional Paper on Finance 10x10 Learning TM 1 10x10 Learning TM 2 Laws applicable to the Financial Sector : Act = 15. Rules = 10. Regulations

More information

RECONCILIATION OF SHARE CAPITAL AUDIT

RECONCILIATION OF SHARE CAPITAL AUDIT RECONCILIATION OF SHARE CAPITAL AUDIT Scrip code* 539132 NSE Symbol MSEI Symbol ISIN INE761D01021 Name of the company* VEGETABLE PRODUCTS LIMITED Registered office address Registered office address* SUBOL

More information

Commodity Checklist - CORPORATE

Commodity Checklist - CORPORATE Commodity Checklist - CORPORATE BOARD RESOLUTION on company letterhead for opening DP/Trading Account - (Format Enclosed) List of Authorized Signatories on company letterhead - (Format Enclosed) List of

More information

Shekhawati Poly-Yarn. IPO NOTE 24 December, 2010 SECTOR: TEXTILES AVOID. Investment Rationale. Investment Concerns. Valuation

Shekhawati Poly-Yarn. IPO NOTE 24 December, 2010 SECTOR: TEXTILES AVOID. Investment Rationale. Investment Concerns. Valuation IPO NOTE 24 December, 2010 Shekhawati Poly-Yarn SECTOR: TEXTILES AVOID Issue Snapshot Issue Open: 27-Dec-10 Issue Close: 29-Dec-10 Fixed Price (INR) 30 Issue Size (INR Mn) 360 Market Cap (INR Mn) 660 Issue

More information

Everyone has the will to win, but few have the will to prepare to win. Some facts before trading

Everyone has the will to win, but few have the will to prepare to win. Some facts before trading TRADING INSIGHTS WHO WINS : WHO LOSES Everyone has the will to win, but few have the will to prepare to win. Some facts before trading It is a given fact that very few traders make money, whether in the

More information

IRFC Public Issue of Tax Free Bonds

IRFC Public Issue of Tax Free Bonds INDIAN RAILWAY FINANCE CORPORATION LIMITED Issue opening on 25 Feb 2013 HIGHLIGHTS OF TAX BENEFITS Interest from these Bonds do not form part of total income as per provisions of Section 10 (15) (iv) (h)

More information

StockHifi Advisory Services Pvt Ltd. TradeHifi Stock Broking Pvt Ltd. A Corporate Profile

StockHifi Advisory Services Pvt Ltd. TradeHifi Stock Broking Pvt Ltd. A Corporate Profile StockHifi Advisory Services Pvt Ltd TradeHifi Stock Broking Pvt Ltd A Corporate Profile JOURNEY SO FAR... Established Business Testimony Diversified Product Portfolio Best Results BSE Membership NCDEX

More information

Wide product range to enable the clients to choose the best alternative. Service quality is not maintained accordingly how they are promoted.

Wide product range to enable the clients to choose the best alternative. Service quality is not maintained accordingly how they are promoted. SWOT ANALYSIS During this training at Religare Securities Limited, we had come to know the Strengths Weaknesses Opportunities Threats for the company and it is very useful for a company to analyze them.

More information

Submission of Reconciliation of Share Capital Audit Report as per Regulation SSA of the SEBI (Depositories and Participants) Regulations, 1996

Submission of Reconciliation of Share Capital Audit Report as per Regulation SSA of the SEBI (Depositories and Participants) Regulations, 1996 July 18, 2018 The DCS-CRD BSE Limited Pheeroze Jeejeebhoy Towers Dalal Street, Fort Mumbai 400 001 BSE Scrip Code: 533261 The DCS- CRD National Stock Exchange of India Limited Exchange Plaza, 5 th Floor

More information

TINPLATE THE TINPLATE COMPANY OF INDIA LIMITED

TINPLATE THE TINPLATE COMPANY OF INDIA LIMITED TINPLATE THE TINPLATE COMPANY OF INDIA LIMITED July 30, 2018 The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Manager Listing Department National Stock Exchange of India

More information

Public Issue of India Infoline Finance Ltd. NCD

Public Issue of India Infoline Finance Ltd. NCD P a g e 1 Q1. What is the nature and size of issue? Issue Related FAQs Ans: Public Issue of Non-convertible Debentures (NCDs) in the nature of Sub-ordinated debt of face value of Rs. 1,000/- per bond with

More information

THE ARIHANT STORY ABOUT US. Be fair, empathetic, and responsive in serving our clients

THE ARIHANT STORY ABOUT US. Be fair, empathetic, and responsive in serving our clients Our Vision is to provide best investment advice and to grow with the growth of clients and to be recognized by our quality investment insight, client relationship and to be most trusted firm in the financial

More information

Sector Update > Q4FY2016 earnings preview

Sector Update > Q4FY2016 earnings preview IT sector update Sector Update > FY2016 earnings preview Soft quarter, cross-currency headwinds add to woes Visit us at www.sharekhan.com April 06, 2016 FY2016 result expectations Soft quarter, affected

More information

NCD - PUBLIC ISSUE NOTE

NCD - PUBLIC ISSUE NOTE Public Issue of Secured Redeemable Non-Convertible Debentures by Indiabulls Housing Finance Limited Brief Introduction of the company: It is one of the largest housing finance companies ("HFCs") in India.

More information

StockHifi Advisory Services Pvt Ltd. TradeHifi Stock Broking Pvt Ltd. A Corporate Profile

StockHifi Advisory Services Pvt Ltd. TradeHifi Stock Broking Pvt Ltd. A Corporate Profile StockHifi Advisory Services Pvt Ltd TradeHifi Stock Broking Pvt Ltd A Corporate Profile JOURNEY SO FAR... Established Business Testimony Diversified Product Portfolio Best Results BSE Membership NCDEX

More information

Understanding your Investment Statement

Understanding your Investment Statement Understanding your Investment Statement Introducing your Investment Statement Your investment statement presents a comprehensive view of your portfolio in an intuitive manner. It provides you with a transparent

More information

BIL ENERGY SYSTEMS LIMITED

BIL ENERGY SYSTEMS LIMITED NOTICE NOTICE is hereby given that the 9 th Annual General Meeting of the Members of BIL ENERGY SYSTEMS LIMITED will be held at 1 st Floor, Landmark Building, Mith Chowky, Link Road, Malad West, Mumbai

More information

1!]~111l LIMITED. a mail id: November 30, Dear Sir,

1!]~111l LIMITED. a mail id: November 30, Dear Sir, 1!]~111l LIMITED November 30, 2018 ~SELimited Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400 001 National Stock' Exchange of India Ltd,/ Exchange Plaza, /. Plot ~ C11, G Block, Ba 0.ra-Kurla

More information

RALLIS INDIA LIMITED

RALLIS INDIA LIMITED RALLIS INDIA LIMITED Corporate Identity No. L36992MH1948PLCOl4083 2nd Floor Sharda Terraces Plot No 65 Sector 11 CBD Belapur Navi Mumbai 400 614 Tel 91 226776 1657 Fax 91 226776 1775 email pmeherhomji@raliis.co.in

More information

General Instructions for filling Delivery Instruction Slip (DIS)

General Instructions for filling Delivery Instruction Slip (DIS) General Instructions for filling Delivery Instruction Slip (DIS) Delivery Instruction slip are being used to transfer securities from one demat account to another demat account.. All relevant portions

More information

REC Tax Free Bonds. RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS COMPANY PROFILE

REC Tax Free Bonds. RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS COMPANY PROFILE RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS Interest from these Bonds do not form part of Total Income as per provisions under section 10 (15)

More information

Ref: 05-06/ISS/36138/GC

Ref: 05-06/ISS/36138/GC Ref: 05-06/ISS/36138/GC June 16, 2006 Hand Delivery Fax Courier Post E-mail All Registered Intermediaries of ISS Administrators/ Executive Director of Participating Exchanges, Co-ordination Officers at

More information

CanFin Homes. Turning over a new leaf CMP: Rs134. Reco: Buy

CanFin Homes. Turning over a new leaf CMP: Rs134. Reco: Buy Visit us at www.sharekhan.com December 04, 2012 Reco: Buy Turning over a new leaf CMP: Rs134 Price target: Market cap: Public & others 53% Company details 52-week high/low: NSE volume: (no. of shares)

More information

IPO Flash July 28, 2017

IPO Flash July 28, 2017 July 28, 2017 Index Security and Intelligence Services (India) About the IPO Company background Key positives Key risks Valuations Financials Visit us at www.sharekhan.com IPO details: Issue open Issue

More information

Form No Acknowledgment. Ashika Commodities & Derivatives Pvt. Ltd. Date D D M M Y Y Y Y

Form No Acknowledgment. Ashika Commodities & Derivatives Pvt. Ltd. Date D D M M Y Y Y Y Acknowledgment Form No. 21203 Ashika Commodities & Derivatives Pvt. Ltd. Trinity, 226/1, AJC Bose Road, 7th Floor, Kolkata-700 020 Phone : 033-4010-2500 Fax : 033-2289-1555 Received with thanks the KYC

More information

CIRCULAR. CIR/DDHS/P/ 121/2018 Date: August 16, 2018

CIRCULAR. CIR/DDHS/P/ 121/2018 Date: August 16, 2018 CIRCULAR CIR/DDHS/P/ 121/2018 Date: August 16, 2018 To Recognized Stock Exchanges (other than commodity stock exchanges) Self-Certified Syndicate Banks, Depositories Merchant Bankers, Stock Brokers Registrars

More information

RPP Infra Projects. IPO Note November 18, 2010 SECTOR: INFRASTRUCTURE. Expensively Priced

RPP Infra Projects. IPO Note November 18, 2010 SECTOR: INFRASTRUCTURE. Expensively Priced IPO Note November 18, 2010 RPP Infra Projects SECTOR: INFRASTRUCTURE Expensively Priced Issue Snapshot Issue Open: 18-November-10 Issue Close: 22-November-10 Price Band (Rs.) 68-75 Issue Size Rs 442mn

More information

DEMATERIALISATION / REMATERIALISATION OF SHARES

DEMATERIALISATION / REMATERIALISATION OF SHARES FAQs DEMATERIALISATION / REMATERIALISATION OF SHARES DIVIDEND NOMINATION FACILITY TRANSFER /TRANSMISSION/TRANSPOSITION ETC. OF SHARES. LOSS OF SHARE CERTIFICATES MISCELLANEOUS DEMATERIALISATION / REMATERIALISATION

More information

Portfolio Management Service. Disclosure Document

Portfolio Management Service. Disclosure Document Portfolio Management Service Disclosure Document Dynamic Equities Private Limited "Technopolis" 14 th Floor, Plot No. BP4 Sector V, Salt Lake, Kolkata 700091 Phone: (033) 300 10000 Fax: (033) 300 10000

More information

SEBI Discussion Paper on Revisiting the capital raising process January, 2015

SEBI Discussion Paper on Revisiting the capital raising process January, 2015 SEBI Discussion Paper on Revisiting the capital raising process January, 2015 TM Discussion Paper on Revisiting the capital raising process The Securities and Exchange Board of India (SEBI) released a

More information

H.P. Sanghvi & Company Company Secretaries

H.P. Sanghvi & Company Company Secretaries HP Sanghvi & Company The Board of Directors, Ajmera Realty & Infra India Limited Citi Mall, New Link Road, Andheri(w), RECONCILIATION OF SHARE CAPITAL AUDIT REPORT We have examined he Register of Members,

More information

Fineotex Chemicals. IPO Note February 22, Website: SECTOR: CHEMICALS

Fineotex Chemicals. IPO Note February 22, Website:   SECTOR: CHEMICALS IPO Note February 22, 2011 Fineotex Chemicals SECTOR: CHEMICALS AVOID Issue Snapshot Issue Open: 23-Feb-11 Issue Close: 25-Feb-11 Price Band (INR) 60-72 Issue Size INR 252 mn- INR 303 mn Market Cap INR

More information

CONCEPT MAPPING: CHAPTER 10 FINANCIAL MARKETS 8Marks

CONCEPT MAPPING: CHAPTER 10 FINANCIAL MARKETS 8Marks CONCEPT MAPPING: CHAPTER 10 FINANCIAL MARKETS 8Marks Key Concepts in nutshell: CONCEPT OF FINANCIAL MARKET: It refers to the market which creates and exchanges financial assets. FUNCTIONS OF FINANICIAL

More information

Arranger s Stamp / Direct

Arranger s Stamp / Direct Arranger s Stamp / Direct HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED HUDCO Bhawan, Core-7A, India Habitat Centre, Lodhi Road, New Delhi 110 003 Sl.No. (to be filled by Arranger) APPLICATION FORM

More information

1. Claiming refund from IEPF for dividend / shares not received 2. Demat Mandatory for Transfer of Securi es 3. Demat Mandatory for Unlisted Public

1. Claiming refund from IEPF for dividend / shares not received 2. Demat Mandatory for Transfer of Securi es 3. Demat Mandatory for Unlisted Public 1. Claiming refund from IEPF for dividend / shares not received 2. Demat Mandatory for Transfer of Securi es 3. Demat Mandatory for Unlisted Public Companies 4. Investor Awareness Programs 5. Grievance

More information

Invesco India Financial Services Fund (An open ended equity scheme investing in financial services sector)

Invesco India Financial Services Fund (An open ended equity scheme investing in financial services sector) Key Information Memorandum Cum Application Form Invesco India Financial Services Fund (An open ended equity scheme investing in financial services sector) Suitable for investors who are seeking* capital

More information

D BASF We create chemistry

D BASF We create chemistry D BASF We create chemistry BASF India Limited, Mumbai - 400 051, India July 20, 2018 The Market Operations Department BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001. Name of the Company

More information

Qualified Foreign Investors entry in the Indian Capital Markets

Qualified Foreign Investors entry in the Indian Capital Markets Qualified Foreign Investors entry in the Indian Capital Markets "The Indian Government has recently permitted Foreign Investors termed as Qualified Foreign Investors ( QFIs ) who meet prescribed Know Your

More information

AMBALAL MULTI COMMODITIES PRIVATE LIMITED

AMBALAL MULTI COMMODITIES PRIVATE LIMITED AMBALAL MULTI COMMODITIES PRIVATE LIMITED Vellore- 632 004. Tamilnadu, India. Ph: 0416-2227751 - 55 Fax: 0416-2215006. E-Mail: ambalal@ambalalshares.com Website: www.ambalalshares.com TM MEMBER MCX No.

More information

Shriram Transport Finance Company Limited

Shriram Transport Finance Company Limited ISSUE SALIENT FEATURES Yields range from 9.65% to 11.15% depending on the series applied for (Series I, II, III, IV & V) and the category of investor Credit Rating of CRISIL AA/Stable by CRISIL and CARE

More information

RELIANCE MEDIAWORKS LIMITED. Reliance Land Private Limited. Reliance Capital Limited

RELIANCE MEDIAWORKS LIMITED. Reliance Land Private Limited. Reliance Capital Limited THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This exit offer letter ( Exit Offer Letter ) is being sent to you as a Public Shareholder of Reliance Mediaworks Limited ( Company ). In

More information

Company Highlights. Strengths. Strategies. Financials Performance

Company Highlights. Strengths. Strategies. Financials Performance PUBLIC ISSUE OF TAX FREE, SECURED, REDEEMABLE, NON CONVERTIBLE BONDS of face value of ` 1,000 each, having tax benefits under section 10(15) (iv) (h) Income Tax Act, 1961, as amended for an amount aggregating

More information

SMC : at a glance. Background

SMC : at a glance. Background SMC : at a glance Background Incorporated in 1990 by Mr. Subhash C. Aggarwal, FCA & Mr. Mahesh C. Gupta, FCA SMC offers institutional and retail brokerage of equities, commodities, currency, derivatives,

More information

RECONCILIATION OF SHARE CAPITAL AUDIT

RECONCILIATION OF SHARE CAPITAL AUDIT RECONCILIATION OF SHARE CAPITAL AUDIT Scrip code* 538464 NSE Symbol MSEI Symbol ISIN INE901C01017 Name of the company* THIRANI PROJECTS LTD. Registered office address Registered office address* 13, BRABOURNE

More information

Shriram City Union Finance Limited. Issue Related FAQs

Shriram City Union Finance Limited. Issue Related FAQs Shriram City Union Finance Limited Issue Related FAQs Q1. What is the Nature & Size of the Issue? Ans: Public Issue by Shriram City Union Finance Limited, ( Company or Issuer ) of Secured Non- Convertible

More information

BATA INDIA LIMITED CIN: L19201WB1931PLC007261

BATA INDIA LIMITED CIN: L19201WB1931PLC007261 CIN: L19201WB1931PLC007261 Telephone: +91 33 3980 2001; Fax: +91 33 2289 5748 E-mail: corporate.relations@bata.com; Website: www.bata.in NOTICE CONVENING ANNUAL GENERAL MEETING NOTICE is hereby given that

More information

: Davey Complex, Sowcarpet : Chennai Phone No : Fax No: :

: Davey Complex, Sowcarpet : Chennai Phone No : Fax No: : Name of the Trading Member : Lunia Investments & Finance Pvt Ltd., SEBI Registration No and Date (C.M) : INB230857033, Date: 12-Jan-1996 SEBI Registration No and Date (F&O) : INF230857033, Date: 27-Aug-2003

More information

RECONCILIATION OF SHARE CAPITAL AUDIT

RECONCILIATION OF SHARE CAPITAL AUDIT RECONCILIATION OF SHARE CAPITAL AUDIT Scrip code* 538464 NSE Symbol MSEI Symbol ISIN INE901C01017 Name of the company* THIRANI PROJECTS LTD. Registered office address Registered office address* 13, BRABOURNE

More information

Sub: Rollover / Extension in Maturity of Edelweiss Income Fund Series 501, A 5 Years Close Ended Income Scheme

Sub: Rollover / Extension in Maturity of Edelweiss Income Fund Series 501, A 5 Years Close Ended Income Scheme July 13, 2017 Dear Investor, Sub: Rollover / Extension in Maturity of Edelweiss Income Fund Series 501, A 5 Years Close Ended Income Greetings from Edelweiss Mutual Fund! At the outset, we wish to thank

More information

Please refer instructions before filling the form. Key Partner/Agent Information. Distributor / Broker ARN ARN-0018 ARN -

Please refer instructions before filling the form. Key Partner/Agent Information. Distributor / Broker ARN ARN-0018 ARN - Application Form for Lumpsum/SIP/Folio Creation Please refer instructions before filling the form I/We hereby confirm that the EUIN box has been intentionally left blank by me/us as this transaction is

More information

Contract Notes in addition to ECN, an authority letter to that effect is to be given by applicant - Refer format given below)

Contract Notes in addition to ECN, an authority letter to that effect is to be given by applicant - Refer format given below) DOCUMENTS FOR OPENING TRADING &/OR DEMAT ACCOUNT FOR INDIVIDUAL (Refer list of SEBI approved documents to be submitted as proofs - given immediately after this table) Individual KRA-KYC Form # Pan Card

More information

PowerGrid. Result Update Q3 FY15

PowerGrid. Result Update Q3 FY15 Change in Estimates Rating Target Power Grid Power Grid s operational numbers were inline with our estimates Topline growth was strong at 18.2% yoy to Rs43.5bn on the back of higher capitalization in 9M

More information

COMMON APPLICATION FORM

COMMON APPLICATION FORM COMMON APPLICATION FORM FOR LUMPSUM INVESTMENTS Please read INSTRUCTIONS (Page 24-26) carefully. All sections to be completed in ENGLISH in BLACK / BLUE COLOURED INK and in BLOCK LETTERS. BROKER CODE SUB-BROKER

More information

Transfer of shares shall be in dematerialized form only w.e.f December 5, 2018

Transfer of shares shall be in dematerialized form only w.e.f December 5, 2018 Transfer of shares shall be in dematerialized form only w.e.f December 5, 2018 Securities and Exchange Board of India (SEBI) vide Gazette notification dated June 8, 2018 has mandated that transfer of securities

More information

IRB InvIT Fund NOT RATED INITIAL PUBLIC OFFER PRIVATE CLIENT RESEARCH 28 APRIL, 2017 IPO NOTE. Background

IRB InvIT Fund NOT RATED INITIAL PUBLIC OFFER PRIVATE CLIENT RESEARCH 28 APRIL, 2017 IPO NOTE. Background INITIAL PUBLIC OFFER PRIVATE CLIENT RESEARCH 28 APRIL, 2017 IPO NOTE Teena Virmani teena.virmani@kotak.com +91 22 6218 6432 IRB InvIT Fund Background NOT RATED IRB InvIT Fund, a registered infrastructure

More information

Request for adding Holders in Mutual Funds units Subscribed through kotaksecurities.com

Request for adding Holders in Mutual Funds units Subscribed through kotaksecurities.com Request for adding Holders in Mutual Funds units Subscribed through kotaksecurities.com (Applicable to the clients whose trading linked bank account is in Joint names) To, Kotaksecurities.com A Division

More information

Procedure For Demat Accounts

Procedure For Demat Accounts Procedure For Demat Accounts A. OPEN A DEPOSITORY ACCOUNT I Rights 1. You can open more than one depository account in the same name with single DP/ multiple DPs. 2. No minimum balance is required to be

More information

CPSE ETF Product Note

CPSE ETF Product Note CPSE ETF Product Note What are Exchange Traded Funds (ETFs) An ETF is a marketable security that tracks an underlying index, a commodity or bonds. Equity ETFs are simple investment products that combine

More information

COMMON APPLICATION FORM FOR LUMP SUM/SYSTEMATIC INVESTMENTS

COMMON APPLICATION FORM FOR LUMP SUM/SYSTEMATIC INVESTMENTS COMMON APPLICATION FORM FOR LUMP SUM/SYSTEMATIC INVESTMENTS Investor must read Key Scheme Features and Instructions before completing this form. All sections to be completed in ENGLISH in BLACK / BLUE

More information

Group Companies - Profile

Group Companies - Profile Contents Vision & Mission About Guiness Group Group Companies - Profile Milestones The Board of Directors The Chairman's Profile Guiness Product & Services Snapshot Corporate Social Responsibility Vision

More information

Alankit Limited- GSP (GST Suvidha Provider) 8 February 2018 Copyrights Reserved of 18

Alankit Limited- GSP (GST Suvidha Provider) 8 February 2018 Copyrights Reserved of 18 v Alankit Limited- GSP (GST Suvidha Provider) 8 February 2018 Copyrights Reserved 2018 1 of 18 Our Vision & Mission Vision To be a unique service Provider in the sectors the group serves Mission To become

More information

COMMON KEY INFORMATION MEMORANDUM

COMMON KEY INFORMATION MEMORANDUM COMMON KEY INFORMATION MEMORANDUM BIRLA SUN LIFE GOLD ETF (An Open ended Gold Exchange Traded Fund) BIRLA SUN LIFE NIFTY ETF (An Open ended, Index Linked, Exchange Traded Fund) NAME OF SCHEME Birla Sun

More information

Electrosteel Steels Limited (ESL)

Electrosteel Steels Limited (ESL) Electrosteel Steels Limited (ESL) E q u i t y Re s e a r c h D e s k IPO Note Sector - Steel 21 st September, 2010 Highlights of the Issue Issue Snapshot Issue Open: 21-Sep-10 Issue Close: 24-Sep-10 Price

More information

The Shipping Corporation of India

The Shipping Corporation of India FPO Note November 30, 2010 The Shipping Corporation of India SECTOR: SHIPPING CMP: 145.10 SENSEX: 19405.10 Subscribe Issue Snapshot Issue Open: Issue Close: 30-Nov-10 3-Dec-10 Price Band (Rs) 135-140 Issue

More information

CODE OF CONDUCT TO REGULATE, MONITOR AND REPORT TRADING BY INSIDER

CODE OF CONDUCT TO REGULATE, MONITOR AND REPORT TRADING BY INSIDER CODE OF CONDUCT TO REGULATE, MONITOR AND REPORT TRADING BY INSIDER 1. PRELIMINARY 1.1 Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, the Board of Directors of Balmer

More information

Listing Requirements Secondary Listing- Exclusively Listed on Regional Stock Exchange

Listing Requirements Secondary Listing- Exclusively Listed on Regional Stock Exchange Listing Requirements Secondary Listing- Exclusively Listed on Regional Stock Exchange Criteria for Secondary Listing The applicant Company whose securities that are proposed for secondary listing shall

More information

ATTRACTIVE. Banks. India

ATTRACTIVE. Banks. India Banks India ATTRACTIVE JUNE 12, 18 UPDATE BSE30: 35,483 Checks and balances on working capital. RBI has issued a draft guideline that aims to improve credit discipline among large borrowers (`1.5 bn) on

More information

IFLR India Awards "Team of the Year" in the Indian Investment Banks category. Primary and Secondary Issuance Process

IFLR India Awards Team of the Year in the Indian Investment Banks category. Primary and Secondary Issuance Process IFLR India Awards 2011 - "Team of the Year" in the Indian Investment Banks category Primary and Secondary Issuance Process May 2012 Table of Contents Section 1 Section 2 Capital Markets Overview Trends

More information

Investment Products in Commodities: A New Paradigm.

Investment Products in Commodities: A New Paradigm. Investment Products in Commodities: A New Paradigm Commodity Market: In perspective Growth has been phenomenal, but instruments are limited Current structure provides instruments for : Trading Hedging/

More information

SpiceJet ACCUMULATE. Performance Highlights. 4QFY2010 Result Update I Aviation

SpiceJet ACCUMULATE. Performance Highlights. 4QFY2010 Result Update I Aviation 4QFY2010 Result Update I Aviation June 3, 2010 SpiceJet Performance Highlights For 4QFY2010, SpiceJet s Top-line grew 34.3% yoy but fell 12.8% qoq to Rs560cr, slightly lower than our estimate of Rs590cr.

More information