My Observation regarding IndusInd Bank ASBA timings, in context with under-subscribed Star Health IPO on 2-Dec-2021 1) This page states that IndusInd Bank ASBA timing is up to 2pm on last day 2) I noticed that Star Health IPO was available up to 5 pm for subscription 3) At 4 pm it was moved from the middle of the IPO list to bottom of the list
Members can confirm this observation for future IPOs.
Hi Nexus, In some special cases like when IPO didn't recieve enough bids or there were some technical issue in the afternoon, the cut-off time is extended by the exchanges and followed by the banks.
1) This page states that IndusInd Bank ASBA timing is up to 2pm on last day
2) I noticed that Star Health IPO was available up to 5 pm for subscription
3) At 4 pm it was moved from the middle of the IPO list to bottom of the list
Members can confirm this observation for future IPOs.