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Payment in IPO FAQs

Trending FAQ categories: stock market share broker pan card demat

Can an investor withdraw or cancel the IPO application (or bid) submitted through ASBA payment option via SCSB?

Yes. Investors can withdraw their application in the same way they would with other payment options. The blocked amount will be available within 1 working day after the withdrawal.

In an IPO what is ASBA payment method?

What are the essential requirements to apply through ASBA payment method?

Who are SCSBs(Self certified syndicate banks)and How do I find out if my bank allows me to apply for an IPO through the ASBA payment method?

List down the process flow foe ASBA payment method.

I don't have a SCSBs bank account listed on SEBI Website. Can I still apply for IPO's with ASBA payment option for IPO?

If customers choose ASBA IPO Payment Options, will banks charge additional fees?

What is the bank's requirement to have money in customers accounts in order to lock ASBA payment option?

using ASBA method can an investor apply in lower price band?

If I apply through 'Self Certified Syndicate Bank,' my money will be blocked, but it is in my savings account. Will I receive interest for that period of time?

How can I select the ASBA payment option when applying for an IPO Stocks through online portals or ICICI Direct?

At the time of applying for an IPO,do I need to pay any brokerage?

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