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Detailed procedure of applying in IPO through ASBA.

By IndianMoney , 8 months ago

The retail investors can apply through ASBA in an online as well as offline method. The investors need to submit the ASBA form after filling in the necessary details like name, PAN card number, bid quantity, bid price etc and giving instructions to the bank to block the amount in the bank account. Once receiving the instructions the bank uploads the details of the application on the bidding platform.

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