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How can securities be allotted directly in dematerialised form?

April 26, 2017allotted dematerialised directly form securities

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How can securities be allotted directly in dematerialised form?

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Procedure followed will be identical to that followed for direct credit of equity shares during IPO/Bonus/Rights. The issuer will provide an option for allotment of securities in demat form in its issue prospectus. Investors opting for demat will have to provide demat account number alongwith DP ID in their application form. On being allotted, a direct credit will be carried out in accounts of the allottees.