Is ASBA mandatory for ipo?

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Yes, ASBA is required for all IPO applications and investors in general.

ASBA has been made mandatory for all IPO applications by SEBI except for Anchor Investors.

Investors have two options to apply for an IPO using ASBA.

Online using the ASBA Net Banking services.
Offline by submitting the IPO application form.

Topic: ASBA IPO Feedback

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