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IPO Index

FAQ Category - IPO ASBA

ASBA blocks the application money in your bank account. This method ensures that funds move only upon successful share allotment.

IPO ASBA - Frequently Asked Questions

18 Q&A
Can I pay IPO from someone’s account through ASBA?
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Does SCSB give acknowledgement of receipt for IPO ASBA applications?
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How many IPO applications can be made from one bank account using ASBA?
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How do I select the ASBA payment option when applying for IPO stocks through online trading portals?
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Will I still earn interest on the money blocked by a Self Certified Syndicate Bank?
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Can an investor cancel or withdraw an IPO application submitted through an SCSB using the ASBA payment option?
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Can an investor apply at the Lower Price Band using the ASBA payment method?
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When does the bank require the funds in the customer’s account to block for the ASBA payment option?
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Will the bank charge any additional fees if customers choose the ASBA IPO payment option?
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Can I use ASBA payment option if I do not have a bank account with an SCSB listed on the SEBI website?
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Who are Self Certified Syndicate Banks (SCSBs), and how can I check if my bank supports ASBA?
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What are the basic requirements for applying to an IPO using the ASBA process?
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