An individual investor can apply through ASBA process in a public issue through book building route if: He/ she is a “Resident Retail Individual Investor” i.e. applying for shares/ securities up to Rs ...

Price Band fixed at ₹ 382 per equity share of face value ₹2 each to ₹ 402 per equity share of the face value of ₹2 each ...

Stock exchanges should need to accept the ASBA applications in their electronic book building platform only with a mandatory confirmation on the application monies blocked, Sebi further said.(Photo: ...

The Securities and Exchange Board of India (Sebi) is working on a new payment system for the secondary market, which could prevent brokers from accessing their client funds. Photograph: Kunal ...

In a bid to facilitate bidding for the public issue of the life insurer Life Insurance Corporation of India (LIC), the government has requested all bank branches designated to process Application ...

Mumbai: Public sector lender Union Bank of India today said that it has made available the ASBA service to its customers for the rights issue of Tata Motors and Sadhana Nitro Chem, both of which ...

In what could be seen as definitive move towards making the Applications Supported by Blocked Amount (ASBA) process effective, the Sebi has announced that it has received self certification ...

In another attempt to further reduce risks for traders, the Securities and Exchange Board of India (Sebi) has floated a consultation paper to discuss blocking of funds in the bank account itself ...

Capital market regulator SEBI has introduced a ASBA (Application supported by Blocked Amount)-like process for trading in secondary market based on blocked funds in investor’s bank account, instead of ...

The country's largest-ever initial public offer (IPO) is currently on and the government is leaving no stone unturned to ensure it is a huge success. The ?21,000 crore IPO of Life Insurance ...

Public sector lender Union Bank of India on Monday said that it has made available the ASBA service to its customers for the rights issue of Tata Motors and Sadhana Nitro Chem, both of which opened on ...