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.
An Initial Public Offering (IPO) is the process by which a p...
A Draft Offer Document (DOD) is the preliminary filing submi...
The basis of allotment is the document published by an IPO-i...
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...
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