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 ...
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 ...
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, ...
Learn about the IPO refund process, including why refunds occur, how they are handled through ASBA, the typical timeline, and what to do if there is a delay. Initial Public Offerings (IPOs) have ...
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 ...
The Securities and Exchange Board of India (Sebi), the country’s primary regulator for securities markets, has long been committed to empowering investors. Since its inception in 1992, Sebi has ...
On August 9, Sebi had issued a circular on the reduction in timeline for listing of shares in public issue from T+6 to T+3. BSE has made a few changes to its internet-based book-building software ...