Share requirements + documents
Share your requirements and the list of documents mentioned below.
Efficient and professional support throughout! Wazzeer’s experts simplified complex accounting tasks, proving their dedication to customer satisfaction. Moreover, their responsiveness to queries and updates on the progress were impressive. Wazzeer’s comprehensive services were worth every penny invested. I can wholeheartedly recommend Wazzeer to anyone seeking reliable and efficient legal solutions for their business needs.
Priyank Tiwari
Co-Founder and CBO at Nutritap
Outstanding legal advice! Wazzeer’s team of experts proved to be true professionals, guiding me flawlessly through the intricate incorporation process. From the initial consultation to the final paperwork, they displayed remarkable expertise and dedication. Their personalized approach and attention to detail instilled confidence in me, making the entire experience stress-free.
Marc Rouhana
Co-Founder and CEO at Onscreen
Compliance worries? Not anymore! Wazzeer’s compliance services are reliable and saved me time and effort. Impressed by their efficiency!
Atul Shree
Founder at Convin.ai
Accounting made stress-free! Wazzeer’s experts streamlined my finances, maximizing my tax benefits. A trustworthy platform for entrepreneurs. Thanks a lot to the entire team.
Sreedhar Bevara
CEO at BMR Innovations
Wazzeer exceeded my expectations! Their legal team swiftly resolved my contract issues, ensuring a seamless experience. Highly recommended for top-notch service!
Abhijit Roy
Co-founder and CEO at Golden Pi
We have been very pleased with the services being offered by Wazzeer.com. Best part is that you have a dedicated account manager who takes care of all your legal, accounting, compliance, audit related services, so instead of dealing with 4-5 professionals you deal with just one individual.
Vaibhav Pandey
Co-founder at I2I Funding
What is Rights Issue?
Rights Issue is an invitation to the existing shareholders offering more shares of the company at a discounted price. This type of issue gives existing shareholders securities called rights. The company is giving a chance to the shareholders to increase their shares.
Process Flow
Step 1
Step 2
Pass the Board resolution
A resolution would be passed to brief out about details
Step 3
Sharing documents
Wazzeer team shall prepare draft documents and share it with you for your signature
Step 4
Clients to share executed documents
Clients would send us back their signed documents
Step 5
Clients to share Bank statement
Client would have to share their bank statement with us
Step 6
Filing of e-form to Ministry
We will help in filing e-form with the Ministry
Step 7
Issue Share certificate
A share certificate would be issued
Step 8
Sharing deliverables
We will share Resolution and other relevant documents relating to allotment of security, Filed e-Forms and Challans and Share Certificates
Documents required
- PAN copy of allottees
- Bank Statement (After receipt of investment amount
Deliverables
- Resolution and other relevant documents relating to allotment of security
- Filed e-Forms and Challans
- Share Certificates
Why choose Wazzeer?
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One platform for all your requirements
Incorporation is just the first step. Wazzeer supports you throughout your journey as an entrepreneur. Log in to get things done efficiently. A dedicated Account Manager offers the required human touch and acts as an advisor to you.
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Experienced professionals
Our professionals have at least 5 years of experience and have incorporated thousands of companies among them. The rich experience ensures that the process is smooth and right in the first go.
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Defined process
Over the last few years, doing over 500 incorporations, we have defined every step of the process. A virtual process is in place enabling us to deliver hassle free experience for you.
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Cost Effective
You pay what you see in the proposal. No surprises or hidden charges.
Frequently Asked Questions
What is the difference between offering shares to the investors by Rights issue or private placement of shares and share transfer?
Share transfer is the transfer of share from an existing shareholder to the investor. The money, in this case, goes to the shareholders selling their shares. They will need to pay the applicable income tax. In the case of Rights issue or Private placement of shares, fresh shares are issued by the company in lieu of the investment amount.
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Do we need a separate bank account for the investment coming in?
In case the company is using the private placement of shares method to raise capital, a separate bank account should be used to receive the investment. In case the company issues shares via Rights issue, the investment can come to the company’s primary bank account.
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Who issues the Share Certificate to the investors or new shareholders?
Share Certificates are issued to the shareholders by the company after paying the requisite stamp duty. In case the paid-up capital of the company is less than Rs 50 lakhs, it is signed by the Directors of the company and for the cases where the paid-up capital is more than Rs 50 lakhs, a Company Secretary (on the payroll of the company) needs to sign it
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What is the stamp duty that needs to be paid to issue Share Certificates?
Stamp duty for Share Certificates varies from state to state. However, in majority of the states, the stamp duty is 1% of the investment amount.
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