Raghunandan Money – Investment Khushiyon Ka.

Understanding ASBA: Application Supported by Blocked Amount

By: Akriti Tomar | Date : Dec 16, 24

Understanding ASBA: Application Supported by Blocked Amount

Application Supported by Blocked Amount (ASBA) is a seamless process for applying to Initial Public Offerings (IPOs) and Follow-on Public Offerings (FPOs) in India. Introduced by SEBI, ASBA ensures that investors' funds remain secure and accessible throughout the application process. SEBI - ASBA Facility.

Key Features of ASBA:

  1. Funds Stay in Your Account: The application amount is blocked in your bank account but not debited until share allotment.
  2. Interest Retention: Earn interest on the blocked funds if your account is interest-bearing.
  3. Allotment-Based Debit: Only the amount corresponding to the shares allotted is debited, while the unutilized funds are released.
  4. Security & Transparency: Your funds are protected as the entire process is regulated by SEBI.

How to Apply via ASBA?

Investors can submit ASBA applications through Self-Certified Syndicate Banks (SCSBs) authorized by SEBI. These banks block the required funds and facilitate the processing of IPO or FPO applications. For more information, please visit the official SEBI Website:(WEB).

Why Use ASBA?

ASBA simplifies IPO applications, ensures fund safety, and eliminates unnecessary delays. With its secure and investor-friendly approach, ASBA is the preferred choice for equity market participants.

Table of content

    Open Demat Account

    Related Posts

    ×

    Filing Complaints on SCORES (SEBI) – Easy & Quick

    1. Register on SCORES Portal (SEBI)
    2. Mandatory details for filing complaints on SCORES:
      1. Name, PAN, Address, Mobile Number, E-mail ID
    3. Benefits:
      1. Effective Communication
      2. Speedy redressal of the grieva`nces

    https://scores.sebi.gov.in/dashboard

    IT'S TIME TO HAVE SOME FUN!

    Your family deserves this time more than we do.

    Share happiness with your family today & come back soon. We will be right here.

    Investment to ek bahana hai,
    humein to khushiyon ko badhana hai.

    E-mail
    askus@rmoneyindia.com

    Customer Care
    +91-9568654321

    ×

    Trade Endlessly with
    RMoney

    Deep Discount Brokerage Plan

    At 999/Monthly

    • Dedicated round the clock Advisory Support
    • High performance in depth research
    • Save more than ₹10,000 brokerage Per Month
    • Ultra fast trading app
    Disclaimer Investments in securities markets are subject to market risks. Please read all documents carefully before investing. For the complete disclaimer, click on http://bit.ly/dstttcla
    Send Enquiry