Raghunandan Money – Investment Khushiyon Ka.

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  • ASBA – Key points to remember before applying for an IPO17 April 2018

    ASBA stands for “Application Supported by Blocked Amount.” And from January 2016 onward it is mandatory to apply for an initial public offering (IPO) through this method by Securities and Exchange Board of India, the SEBI. The SEBI is the regulator for an IPO in India. ASBA is an authorization to block the application money in a bank account. ASBA is a process of applying for IPO. Here your application allows your bank to hold the subscription amount on your account until

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