|8. pankaj shah Feb 22, 2012 9:45:37 PM IST|
|Can I make IPO application of my family members through ASBA from my bank account ? They have demat account but not linked with my bank account. |
|7. Sandeep Feb 21, 2012 8:04:30 PM IST|
|Please give the link where i get the application forms for ASBA as soon as possible|
|6. MBDESAI Sep 26, 2010 5:11:11 PM IST|
|Having a/c with SCSB whether an IPO ASBA APPLICATION can be made through nseindia.com ? |
If yes what is the complte procedure of it?
Advise in the intrest of investor cmmunity as a whole.
|5. PAPINENI RATNAMMA Jul 27, 2010 9:13:09 PM IST|
|I want to apply on line thru IDBI PAISABUILDER.IN WHICH IS HAVING TIE UP WITH HDFC BANK INWHICH I AM HAVING SAVINGS BANK ACCOUNT. AND IAM HAVING INTERNET BANKIN ALSO. PLEASE LET ME KNOW HOW I CAN APPLY UNDER ASBA FOR IPOs THRU IDBI CAPITAL HAVING TIE UP WITH HDFC BANK.|
|4. VIJAY Nov 30, 2009 1:47:21 PM IST|
|What will be the role of sub-syndicate members in ASBA. |
|3. Harish Jul 30, 2009 10:21:49 AM IST|
|I have my SB account in HDFC bank with internet banking facility with me, and I want to submit the ASBA through internet. Please let me know the procedure in detail.|
Thank a lot.
|2. Kris Aug 6, 2008 7:36:35 PM IST|
Please find the answer of your question below:
1. Bank who are 'Syndicate members' for specific IPO will accept physical forms as usual. This is an existing process.
2. Only SCSBs at specific branch or online can accept application with ASBA payment option chose. Investor should have account with the bank to avail this facility.
3. If SCSB is also 'the Syndicate member' for the specific IPO, they will accept the IPO forms with other payment options.
4. Syndicate members without ‘SCSB’ status can not accept IPO Application with ‘ASBA payment option.
A. Suppose you have an account with XYZ Bank, XYZ bank has SCSB status from SEBI and XYZ bank is not the syndicate member of ABC IPO.
In this case you can submit your IPO bid using ASBA method with XYZ bank but they will not accept your application form with other payment option i.e. cheque.
B. Now suppose XYZ1 Bank is the syndicate member for the ABC IPO but not having SCSB status, they will accept physical application form with cheque but you cannot use ASBA payment option.
Hope this will clarify your doubt. Feel free to reply back in case of further questions.
|1. MOTABHAI Aug 6, 2008 1:13:44 PM IST|
|whether bank will receive the ipo application in physical form from its a/c holder only or from any individual who may not be interested in availing this amount block facility but may be interested in just depositing the form along with cheque as per general earlier procedure |