When an investor applies for an IPO using ASBA, the required amount is blocked in their bank account instead of being debited. If shares are allotted, the blocked amount is…

ASBA (Application Supported by Blocked Amount) is a payment mechanism for applying in IPOs, Rights Issues, and other public offers where the application amount remains blocked in the applicant’s bank…

MythFactStock splits increase the Company valueMarket Cap remains sameAll stock splits are good.Some may be done to create hypeStock split leads to instant profitsMarket adjusts over timeOnly larger companies split…