NSE to roll out ASBA facility for secondary market trade in equity cash segment from January 1The facility is based on the blocking of funds for trading in the secondary market through UPI, and initially, the facility will be optiona...
29 Dec, 2023, 11.58 AM IST
Same-day trade settlement by end of FY, says Sebi ChiefThe inclusion of Indian sovereign bonds in the global indices, the Sebi chief said at the conference, will not just help the government rai...
09 Dec, 2023, 12.33 AM IST
Sebi’s new ASBA norm may increase competition among brokers: Upstox CEO Ravi KumarAs of January 2023, the number of demat accounts in India increased to 11 crore, up from 8.4 crore during the same period the previous year...
18 Apr, 2023, 11.08 AM IST
Sebi move of upstreaming client funds likely to hurt non-bank brokersAccording to the regulator, the framework aims at giving benefits such as interest on the blocked funds in a client’s savings account till ...
31 Mar, 2023, 03.17 PM IST
Sebi working on ASBA-like facility for secondary market transactions as wellSpeaking at the Global Fintech Fest here, Buch said in an initial public offering (IPO), the Application Supported by Blocked Amount (ASBA)...
21 Sep, 2022, 05.12 PM IST
ASBA applications to be processed only after blocking of money in investor's bank accountsThis will be applicable for all categories of investors -- retail, qualified institutional buyers, non-institutional investors and other re...
30 May, 2022, 08.27 PM IST
Joining the IPO rush? Here’s how the Asba process worksSebi has mandated that 35 per cent of an IPO should be reserved for retail individual investors.
19 Jun, 2017, 11.57 AM IST
New rules on mode of payment for IPOs spark uproar in industryOver 60 representatives from investment banks, broking firms, registrars and syndicate banks met market regulator Sebi on January 11 expres...
14 Jan, 2016, 04.44 AM IST
NSE to conduct mock bidding on its new e-IPO systemLeading stock exchange NSE has launched its new e-IPO bidding system and will hold a mock bidding session for brokers to help familiarise t...
11 Jan, 2016, 11.03 PM IST
Sebi puts in place new form for ASBAWith a checklist regime kicking in for IPOs, capital markets regulator Sebi today put in place a new form for ASBA (Application Supported b...
01 Jan, 2016, 09.25 PM IST
Know all about Asba in public issuesAsba is an optional facility for applying to public issues. Under this mode, the investor directs his bank to block an amount equivalent to...
10 Dec, 2012, 08.13 AM IST
- RBI allows FIIs to hedge investments under ASBA route
The Reserve Bank allowed foreign institutional investors to hedge foreign currency risks arising out of investment in IPOs made through ASB...
20 May, 2011, 10.28 PM IST
- ASBA option for Initial Public Offer
To avail of the facility, you need to give an authorisation to block your application money in the bank account for subscribing to the IPO.
09 Mar, 2011, 05.24 AM IST
- Sebi wants IPO forms short & simple
As part of its efforts to make it easier for investors to enter the stock market through public issues, Sebi is considering making applicat...
20 Feb, 2011, 11.04 AM IST
- Brokers deny ASBA facility to IPO investors
The implementation of Application Supported by Blocked Amount might see setbacks from broker apathy.
22 Mar, 2010, 04.11 AM IST
- Query corner- ASBA
Application Supported by Blocked Amount (ASBA) refers to an application mechanism for subscribing to initial public offers (IPO).
16 Dec, 2009, 09.55 AM IST
- Bankers, brokers squabble over fee
While bankers claim they process ASBA application, brokers say they do the marketing.
01 Oct, 2008, 04.02 AM IST