ASBA is a facility where the money for an investment like in IPO is blocked in your bank account until the investment is allotted. The blocked amount continues to earn interest and is debited only after shares are allocated to you.
A backstop, in the context of capital markets, is a financia...
A suspended issue refers to a public offering — such as an I...
In a rights issue, existing shareholders receive rights enti...
A partly paid rights issue is a capital raising mechanism in...
Hard underwriting is a type of underwriting arrangement in a...
A Direct Public Offering (DPO), also known as a Direct Listi...
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