How to apply for Buy Back of shares?
You can apply for the Buyback through the 5paisa website by following the below-mentioned steps.
Step 2: Click on Profile >> Financial Product >> Buyback.
Step 3: After clicking on Apply for Buy Back, you will land in the buyback window where you need to update the Bid Qty from Eligible Qty and click on Authorize
Step 4: After clicking on Authorize, For Non-POA you will land on the CDSL page and need to complete the Authorization journey.
Step 5: After providing the CDSL Authorization the following page will be displayed stating that we have received your authorization for buyback and your bid will be placed with the exchange.
Note: The window opens to apply to buyback is considered between live market hours i.e. 9.15 AM to 3.30 PM (Monday to Friday). On the last day of the buyback, the timing will be till 12.00 PM to apply.
Related Articles
Can I apply for buyback if my shares are pledged?
If your shares are currently pledged, you should settle any outstanding debit and request the release of the pledge. Once the debit balance is cleared and the shares are no longer pledged, they will be transferred directly to your Demat account. Only ...
What is Buyback of Shares?
A share buyback, also known as a stock buyback, refers to a scenario in which companies repurchase their own shares from a diverse range of shareholders, encompassing retail investors, promoters, institutional investors, and foreign institutional ...
What is the New Process for applying for an IPO?
The new process for applying for an IPO involves the following steps: · Access IPO Section: Navigate to the IPO tab on the trading app or platform. · Select Live IPOs: Choose the IPO you wish to apply for from the list of live IPOs available. · ...
What is consolidation of shares?
Consolidation of shares, also known as a reverse stock split, is a corporate action where a company reduces the number of its outstanding shares by combining them and increasing the face value of each share. This process is also referred to as a ...
How do you apply for an IPO and stay informed of new ones?
To apply for IPO, follow the below steps on the 5paisa Mobile App 1. Access the IPO tab on the 5Paisa app to begin the IPO application process. 2. Select live IPOs from the available options to view currently open IPOs. 3. Click "Apply Now" to ...