बॉब एमएसई-गिफ्ट (जीआईएफटी) (एमएसई ग्रीन इन्वेस्टमेंट एंड फाइनेंसिंग फॉर ट्रांसफॉर्मेशन)

ASBA means Applications Supported by Blocked Amount. ASBA is an application made by an investor, containing an authorization to Self-Certified Syndicate Bank (SCSB) to block the application money in the investors bank account for subscribing to an issue to the extent of application money, till withdrawal/failure/rejection of the application by the exchange (as the case may be) or till the finalization of allotment in the issue.

• ASBA means Applications Supported by Blocked Amount. ASBA is an application made by an investor, containing an authorization to Self-Certified Syndicate Bank (SCSB) to block the application money in the investors bank account for subscribing to an issue to the extent of application money, till withdrawal/failure/rejection of the application by the exchange (as the case may be) or till the finalization of allotment in the issue.
• Under ASBA, the blocked/lien marked funds continue to earn interest and only the allotted amount is debited after finalization of the basis of allotment.
• ASBA is available for public issues made through book building route for all Initial Public Offer, Follow-on-Public Offer, Rights Issues and Debts.

IPO Application amount is blocked till T+1 working days after the issue date is closed. T is considered Transaction Day. On receipt of allotment confirmation from the registrar amount will be released accordingly.

Special characters are not allowed in the salutation of the name. Hence, we request you to register the Investor Details without any Special characters and submit the request.

You will receive a message while we execute the allotment process at our end. Also, you will receive the message when the shares are credited in your demat account.

SCSB is a bank which is recognized as a bank capable of providing ASBA services to its customers. Names of such banks would appear in the list available on the website of SEBI.

List of Self Certified Syndicate Banks (SCSBs) and their designed branches i.e. branches where ASBA application form can be submitted on the website of SEBI Website (www.sebi.gov.in).

An Initial Public Offering (IPO) is the process where companies sell their shares to the public to raise equity capital from the public investors.

Yes, you can apply through IPO through bob World Mobile app along with Net Banking Channel.

Please login to your bob World Mobile app > Invest > Invest in IPOs.

Please login to your Internet Banking > Investments > IPO > Apply for IPO.

We request you to check with the registrar for the status of IPO allotment.

Offer For Sale (OFS) and IPO both are different products. Hence, you will not be able apply through IPO.

No, ASBA can be submitted to the SCSB with which the investor is holding the bank account.

In case of any complaints the investor shall approach the bank where the application form was submitted or the Registrars to the issue.

In case the issue fails/withdrawn the SCSB shall unblock the application money from the bank accounts upon receiving instructions from the Registrar.

SEBI has been specified the investors who can apply through ASBA. In public issues e.f. May 1, 2010 all the investors can apply through ASBA. In rights issues, all shareholders of the company as on record date are permitted to use ASBA for making applications provided he/she/it:

1. is holding shares in dematerialized form and has applied for entitlements or additional shares in the issue in dematerialised form.

2. has not renounced its entitlements in full or in part.

3. is not a renouncee;

4. who is applying through blocking funds in a bank account with the Self Certified Syndicate Bank.

The chance of getting allotment is same for all the applicants whether application is made through ASBA or SASBA. ASBA is a simple, easy and smart way of applying in public issues.

No. Investors need not necessarily have their DP account with the SCSB, where they are submitting the ASBA form.

Yes. The SCSB shall give a counterfoil as an acknowledgement at the time of submission of ASBA, if sought by the investors in case of need.

In case there is an error in the data furnished in the application form submitted by investor, the investor shall be responsible. In case there is an error by SCSB in entering the data in the electronic bidding system of the stock exchanges, the SCSB shall be responsible.

No. An investor can apply either through ASBA.

Yes, you can withdraw ASBA bids. During the bidding period you can approach the same bank to where you have submitted the ASBA and request for withdrawal through a duly signed letter citing your application number, TRS number, if any. (Withdrawal is subject to applicant categories and amount of application as withdrawal is not allowed in all the categories).

You must approach the concerned SCSB for any complaints regarding your ASBA applications. SCSB is required to give reply within 15 days. In case, you are not satisfied, you may write to SEBI thereafter at the following address:

Investor Grievance Cell, Office of Investor Assistance and Education,
Securities and Exchange Board of India
Plot No.C4-A,'G' Block,
Bandra Kurla Complex, Bandra (East),
Mumbai: 400051
Tel: +91-22-26449000 / 40459000