Pledged Shares Meaning

Pledged shares are stocks offered as collateral to secure funding. Held in the owner’s Demat account, they cannot be sold or transferred until repayment and release.

How Does It Work?

Share pledging marks shares as collateral, restricting sale but retaining ownership rights. Lenders monitor prices, demand more collateral if needed & may sell shares in case of default.

How To Pledge Shares?

To pledge shares, submit a pledge request through your depository or bank with the required documents. The shares are then marked pledged after the lender’s approval.

Features of Pledging Shares

Pledging shares offers funding without ownership dilution, retains control & acts as collateral, but poses risks if share prices drop significantly. Ideal for quick financing.

Difference Between Pledge And Mortgage

Type of Asset

Pledge involves movable assets, such as shares or stocks, while a mortgage involves immovable assets, like real estate or land.

Difference Between Pledge And Mortgage

Ownership

In a pledge, ownership remains with the borrower, whereas in a mortgage, conditional ownership is transferred to the lender until full repayment.

Difference Between Pledge And Mortgage

Asset Example

Pledge involves shares, stocks, or jewelry, while a mortgage involves houses, land, or commercial property.

Difference Between Pledge And Mortgage

Repayment Requirement:

Pledge requires repayment to retrieve collateralized assets, whereas a mortgage requires repayment for the borrower to regain full ownership of the property.

Difference Between Pledge And Mortgage

Common Use

Pledge is often used for short-term capital raising, while mortgage is typically used for larger, long-term financial arrangements.

Advantages Of Pledging Shares

Pledging shares offers quick capital access without equity dilution, retaining control, enhancing liquidity & providing flexible financing for short-term business needs.

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Disadvantages Of Pledging Shares

Pledging shares carries risks of forced liquidation, increased financial strain, stock price decline, and damage to investor confidence, especially in volatile markets.

Why Promoters Pledge Shares?

Promoters pledge shares to raise capital for business needs or personal expenses, maintaining control. However, high pledging can signal financial stress & affect stock prices.