Why Haven’t Bonus Shares Appeared in Your Holdings?

Post Date : March 31, 2025

Why Haven’t Bonus Shares Appeared in Your Holdings?

Disclaimer: Investments in the securities market are subject to market risks. This content is for educational purposes only and does not constitute financial advice.

Key Reasons for Delay in Bonus Shares Crediting

1. Eligibility Check:
   • You must hold the shares on or before the ex-date/record date (T+1 settlement cycle). For example, if the record date is April 10, you must purchase the shares by April 9. Purchases on/after April 10 will not qualify.
2. T+2 Crediting Timeline:
   • Bonus shares are typically credited to your Demat Account within T+2 days from the record date.
   • Example: If the record date is April 10, shares should reflect by April 12.
3. Temporary ISIN Hold:
   • Bonus shares are first held under a temporary ISIN (not visible/tradable).
   • After 4–5 days, they are transferred to the permanent ISIN and become tradable.
4. Portfolio P&L Glitch:
   • Until shares are credited, your portfolio may show a temporary drop in P&L due to the adjusted stock price.
   • The P&L corrects automatically once shares are credited.

Why the Stock Price Drops After Bonus Issues

• Price Adjustment: The stock price reduces proportionally to the bonus ratio (e.g., 1:1 bonus halves the price).
• No Value Loss: Your total investment value remains unchanged (lower price x increased shares).

Example: How Bonus Shares Work

• You Hold: 100 shares @ ₹1,000 → Value: ₹1,00,000.
• Bonus Ratio: 1:1 → New Shares: 100 (Total = 200)
• Adjusted Price: ₹500 (₹1,000 ÷ 2)
• New Value: 200 × ₹500 = ₹1,00,000 (no loss)

What If Bonus Shares Still Don’t Appear?

1. Check Eligibility: Confirm you held shares before the ex-date.
2. Wait 4–5 Days: Allow time for ISIN transfer and trading approval.
3. Fractional Shares: Any fractional entitlement is paid as cash to your bank account.

Bonus Shares vs. Stock Splits

Note: Track bonus issue announcements and mark key dates (ex-date/record date) to avoid missing eligibility! 

Need Immediate Assistance?

Contact RMoney’s support team:

• Phone: 0562-4266600 / 0562-7188900
• Email: askus@rmoneyindia.com