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How to Get ASBA IPO

ASBA is a process developed by the India's Stock Market Regulator SEBI for applying to IPO. In ASBA IPO(https://www.edelweiss.in/how-to-apply-ipo), applicant's account doesn't get debited until shares are allotted to them. ASBA means u201cApplications Supported by Blocked Amountu201d.

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How to Get ASBA IPO

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  1. IPO & ASBA IPO

  2. What is IPO An initial public offering (IPO) refers to the process of offering shares of a privatecorporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors. The transition from a private to a public company can be an important time for private investors to fully realize gains from their investment as it typically includes share premiums for current private investors. Meanwhile, it also allows public investors to participate in the offering.

  3. IPO Allotment Process After some days of bidding, the process of allotment of shares in IPO begins. In IPO we cannot bid for any number of shares. The company that is issuing IPO decides the lot size and we can buy those shares only is those lots or their multiple. For Example if any company who is issuing IPO decides lot size of 10, then we have to either bid for lot of 10 shares or multiples of 10 i.e 2*10 or 5*10 etc. To invest in IPO we need to buy at least one lot of shares. If your bid is higher than 2 lakhs then you will have to apply from HNI category. If number of bids are more than number of lots then we say that IPO is oversubscribed.

  4. How to Get ASBA IPO • Go to the ASBA enabled bank’s online banking portal & login • Go to“Investments Section”, then IPO /e-IPO section. • Bank may ask for “Applicant Registration”: If yes, register with Edelweiss DP details, If no, Click on “Invest in IPO”. You canfind your DP details in your profile page • Select your Bank Account Number and complete the verification process • Bank portal will lead you to the “Invest in IPO “screen • Select the IPO to be applied in • Fill Edelweiss DP Details (if not auto filled). You can find your DP details in your profile page • Fill number of shares and Bid Price & Click on “Apply Now” to apply

  5. THANK YOU

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