What will happen after T+2 on receipt of delivery of shares?

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• If I don’t initiate future pledge request for my debit position then what will happen to by positions?

  Shares purchased by you upto the value of your Debit Balance will stay in our Client Unpaid Securities Account (CUSA) for T+6 Days. If you fail to initiate the Pledge request or clear the debit balance by making the requisite payment, then the debit ...

• When will I come to know that my shares have gone in auction?

  On shares purchase, you shall see shares in undelivered till T+2. If shares don’t move from undelivered to POOL or DP free or Pledge, then the shares have resulted in an auction. You shall get auction credit in your ledger on T+3 end of the day. For ...

• I have given shares as collateral to take positions in derivative segment. What will happen to my positions?

  If you wish to avail facility of using your shares as collateral for taking derivative position then you will have to follow the pledge process before 31st august. To understand about the pledge process, CLICK HERE

• Will I get margin benefit on the very next day on buying shares?

  After a stock is purchased NO benefit of those purchased shares as collateral for additional margins will be provided to the client up to T+2. 

• Sometimes I buy shares but I don't get it. What is that?

  You do not get purchased shares delivered because the seller fails to give delivery of shares (on T+2) resulting in an auction. On T+3 day, you will get auction credit in your ledger which is being charged to the seller OR you may get shares on T+3 ...