Not Assigned April 28, 2025 | Written by Northeast | How long is the amount blocked in my bank account? FacebookXPinterestEmailWhatsApp The amount remains blocked until the finalization of the allotment, usually within 7-10 days after the IPO closes. Continue reading
Not Assigned | Written by Northeast | Is ASBA mandatory for IPO applications? FacebookXPinterestEmailWhatsApp Yes, as per SEBI regulations, ASBA is mandatory for all IPO applications by retail investors since January 1, 2016. Continue reading
Not Assigned | Written by Northeast | Who can apply for an IPO using ASBA? FacebookXPinterestEmailWhatsApp All retail individual investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and other eligible categories can apply for an IPO using ASBA. Continue reading