Ways to invest in an IPO: #2 Apply Online
Wednesday, May 24, 2017, 2:43 PM
You can also apply for an IPO online through ASBA (Applications Supported by Blocked Amount). SEBI developed this process to leverage online option. Through ASBA, investors’ money doesn’t get debited till shares are allotted. In addition, investor can login to their respective net banking account and apply for IPOs directly.