ASBA, also known as Application Supported by Blocked Amount, is an application process wherein the investor can apply to various fundraising activities such as Initial Public Offering (IPO ...
The company's public listing is set to attract attention as it aims to raise Rs 600 crore with shares priced between Rs ...
Investing in IPOs is appealing, but credit cards cannot be used as a payment method. Instead, investors can utilize ASBA or UPI. Using credit cards can incur high costs and affect credit scores if not ...
The IPO of Gurugram-based One Mobikwik Systems ... Demat Account number, or PAN ID 4) In application type, select between ASBA and non-ASBA 5) Enter the details of the mode you selected in Step ...
Per directives, every IPO bid should be backed by ASBA or Application Supported by Blocked Amount which allows the bank to block funds in the applicant's account for the application's value till ...