Hi,
Rights Entitlements will be deducted the day rights shares will be credited to your Demat account, that’s usually a day before listing.
Not sure abt ASBA amt returned, bt with HDFC I know that watever oversubscriptn I dont get that is returned at this stage.
From wat u mentioned, a single application which applies above the eligible REs is correct way to apply though.
Disc :- Not invested in Heritage rights bt have participated in 3-4 other rights issues in last 6 months.
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