For asba you don''t require to give cheques. It a facility where u can link your demat to your bank account & bid in the ipo. Amount get blocked for the amt of bid & only get debited in case of allotment.
18. PSR| Link| Bookmark|
August 3, 2015 10:45:30 PM
IPO Guru (1300+ Posts, 700+ Likes)
KOTAK is involved in this issue. wherever KOTAk is involved, the returns for the investors are either negative or very marginal. This fact is to be considered while applying.