Stock exchanges should need to accept the ASBA applications in their electronic book building platform only with a mandatory confirmation on the application monies blocked, Sebi further said.(Photo: ...
The new guidelines will be applicable for public issues opening on or after September 1, 2022, Sebi said in a circular. Whenever retail investors files an application for an IPO and pays money to ...
Capital markets regulator Sebi on Monday said ASBA (Application Supported by Blocked Amount) applications in public issues will be processed only after the application money is blocked in the investor ...
Now, the bank customers must be aware of the ASBA facility. The ASBS or "Application Supported by Blocked Amount" is an application containing an authorization to block the application money in the ...
Every company needs to raise funds for various reasons such as repayment of debt, capital requirement, expansion etc. As the need for funds is universal, the Securities and Exchange Board of India, ...
ASBA is an application containing an authorisation to block application money in the bank account, for subscribing to an IPO issue. (Representational image: Reuters) The board of the Securities and ...
Market regulator Securities and Exchange Board of India (Sebi) on Friday issued a revised form for Application Supported Blocked Amount (ASBA) facility for investors applying for public issue of ...
Capital market regulator Sebi on Tuesday came with a circular to make application supported by blocked amount (Asba) more popular among retail investors. The circular states that syndicate and ...
Market regulator Sebi's board approved ASBA-like facility for trading in the secondary market for investors. Stock brokers will be able to directly settle brokerage payments with UPI clients under the ...