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How to register for ASBA?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Investors need to have a bank account with any of the SCSB banks registered with SEBI approved to provide the ASBA services.

For online ASBA IPO applications, investors also need to have access to Net banking services for the IPO application. There is no other separate registration process for ASBA.

Investors can apply online or offline using ASBA bank account information, which will be blocked with the IPO application amount.

To register an ASBA facility, investors need to register with SCSB (SEBI registered). Investors can check the list of SCSBs in the attached link.

The following steps help register for ASBA :

  • Download the ASBA form from the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) websites.
  • Fill in the required details.
  • Submit the form to the self-certified syndicate banks.
  • Bank will send the bids to the exchanges after the verification.
  • The application amount will get blocked in the investor's bank account.

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