The chance of getting allotment is same for all the applicants whether application is made through ASBA or non‐ASBA. ASBA is a simple, easy and smart way of applying in public issues. There are many advantages of applying through ASBA like money does not go out of investors’ account, no hassle of refund, investor keep …

Yes, this can be done provided that your bank have core banking facility and the ASBA Form is submitted at a branch which is identified as designated branch by the bank.

In case the issue fails/withdrawn the SCSB shall unblock the application money from the bank accounts upon receiving instructions from the Registrar.

No. ASBA forms will be treated similar to the non‐ASBA forms while finalizing the basis of allotment.

Yes. The SCSB shall give a counterfoil as an acknowledgment at the time of submission of ASBA and also the order number, generated at the time of uploading the application details, if sought by the investors in case of need.

Are the bids submitted through ASBA and uploaded in the electronic bidding system of the stock exchange, in case of public issue through book building, reflect in the demand graphs displayed in the website of stock exchanges?

No. An investor can apply either through ASBA or through existing system of payment through cheque. If an applicant applies through both, ASBA as well as non‐ASBA then both the applications having the same PAN, will be treated as multiple application and hence will be rejected.

You are required to submit ASBA to the SCSBs only.

No. Investors need not necessarily have their DP account with the SCSB, where they are submitting the ASBA form.

If the withdrawal is made during the bidding period, the SCSB deletes the bid and unblocks the application money in the bank account. If the withdrawal is made after the bid closure date, the SCSB will unblock the application money only after getting Appropriate instruction from the Registrar, which is after the finalization of basis …