ASBA is an IPO application mechanism in which the application amount is blocked in the investor's bank account and debited only to the extent of shares allotted.
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How do I apply for a Rights Issue at IIFL?
The process of applying for a rights issue is through ASBA (Applications Supported by Blocked Amount). If your bank supports it, you can apply online just like an IPO. If not then you would have received a courier of the Composite Application Form ...
IPO Application Process
The IPO application process is simplified and can be done online. IIFL Capital offers an online facility to apply to IPOs through its proprietary trading software, Trader Terminal, which minimizes paperwork. The general process involves: - Collecting ...