OTHER GROUP COMPANIES
- Login to Trade
- Login to DP
- Karvy Customer
-
OTHER GROUP COMPANIES
-
- Home
New system applicable for all IPOs which open on or after 1 January 2016
Stock market regulator Securities and Exchange Board of India (Sebi) today, 23 June 2015, announced streamlining the initial public offer (IPO) process, obviating the need to issue cheques. Considering the reach and advantages of the ASBA (Applications Supported by Blocked Amount) facility, it shall now be mandatory for all investors to use the ASBA facility for applying to an IPO, Sebi said in a press release. The new system will be applicable for all IPOs which open on or after 1 January 2016. In order to substantially enhance the points for submission of applications through ASBA facility, Registrar and Share Transfer Agents (RTAs) and Depository Participants (DPs) will also be allowed to accept application forms (both physical as well as online) and make bids on the stock exchange platform. This is in addition to stock brokers and banks where such facilities are presently available.
When an investor applies for an IPO using the ASBA facility, the amount is blocked in his/her bank account for the IPO application. The amount is debited from the investor's bank account only when the shares are allotted to the investor.
Powered by Capital Market - Live News
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
Aug 08, 2022
The laws of the financial world are different from the physical world. You can have prolonged periods of time, when sanity takes a back seat and excesses happen.
R. Venkataraman Aug 20, 2021
Retail trading or day trading has exploded because of falling brokerage rates, democratization of information, higher transparency and mobile platforms.
R. Venkataraman Jun 15, 2021
My simple message for dear readers is, if you don’t have any desperate need for funds, then don’t do anything.
R. Venkataraman May 12, 2021
The blow up of a US hedge fund has resulted in WhatsApp university offering many courses on what went wrong with Bill Hwang and Archegos.
R. Venkataraman Apr 09, 2021
The expensive valuations have been sustained by strong rebound in corporate earnings which led to ~8% upgrade in FY22 Nifty EPS since October 2020.
R. Venkataraman Mar 26, 2021
We believe the interest rates are likely to have bottomed due to inflationary pressure, large government borrowings and normalizing credit growth. Hence rate sensitive sectors should be avoided in our view.
R. Venkataraman Feb 17, 2021
As markets make new highs, one gets more emails and messages, which highlight the accomplishments of traders who have found a formula for making money.
R. Venkataraman Jan 27, 2021
Data does not seem to convincingly prove that short periods of high returns are always followed by meagre returns. Only in 4 instances, we had negative returns in the subsequent year.
R. Venkataraman Jan 01, 2021
Since September end, Bankex is up 16% with large banks like ICICI Bank, Bandhan up 20-27%, Housing Finance Companies like Repco, LICHF, PNB Housing are up 50%-100% from their six-month lows.
R. Venkataraman Oct 13, 2020
Morgan Housel’s 'The Psychology of Money' explains in detail the role of human biases in investment decisions.
R. Venkataraman Sep 26, 2020
Per Order for ETF & Mutual Funds Brokerage
Per Order for Delivery, Intraday, F&O, Currency & Commodity
