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  • Reliance Industries Rights Shares

    How do I add Reliance Industries Right shares? These are partly paid and as such separately listed from fully paid Reliance Industries shares. Have these shares been added to the list so that I can do extended Master Database update?

  • #2
    "Effective from Monday, June 15, 2020, the new securities of Reliance IndustriesNSE 3.32 % Ltd (Scrip Code: 890147) shall be listed and permitted to trade on the Exchange in the list of 'A' Group of Securities," BSE said.

    Read more at:
    https://economictimes.indiatimes.com...campaign=cppst

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    • #3
      Dear Kamlesh Vikamsey,

      Thank you for providing the details. Our product team will review the same once it is listed.
      MProfit Support

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      • #4
        Dear Kamlesh Vikamsey,

        "Reliance Ind Partly Paid" is available in our system. You need to take master database updates in order to get it.
        • Open MProfit and go to Help > Check for updates > Do Extended Master Database Updates.
        • Restart MProfit 1-2 times. After restarting the application wait for a few minutes.
        Do let us know if you need any help.
        MProfit Support

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        • #5
          Why not use the partly paid/IPO settings?
          Even if we add the scrip of partly paid shares which has a different ISIN no, what happens when another part payment is to made? After all payments are made, the ISIN will be same as that of original scrip, when we will have to do a corporate action (may be merger), can mprofit handle these transaction in a seamless manner? How the capital gains will be calculated when the partly paid scrip is fully paid?

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          • #6
            Dear Zomby,

            If new ISIN merges with the old ISIN when the stock is fully paid, you can use merger option and MProfit computes correct capital gains.
            MProfit Support

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