How to apply for IPO using ASBA?

Investors can apply for an IPO using ASBA either online using the Netbanking services or offline by submitting the offline IPO application form to the nearest broker/bank branch.

Steps to apply online for IPO through ASBA procedure

• Login to the Netbanking account of the ASBA enabled bank.
• Look for the IPO tab.
• Select the IPO one wants to apply for.
• Enter the personal details like PAN, email, Demat details.
• Enter the bidding details.
• Submit the application.

Note : The personal details are generally required to be entered only for the first time when investors apply using their Net banking services.

Steps for offline ASBA IPO process

• Download the required IPO application form from NSE or BSE OR visit the bank that offers the ASBA facility and ask for the application form
• Fill the below details in the IPO application form:
• Name, Address, Contact, PAN and Email details of the applicant.
• Bidding details - Quantity and Bidding price/Cut-off, Amount.
• Enter the ASBA Bank account No.
• Sign the form.
• Submit the application form to the nearest SCSB branch.
• Collect the acknowledgement receipt.