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How to apply for IPO using ASBA?

How to apply for IPO using ASBA? SEBI has made it compulsory for retail investors to apply for IPO using ASBA (Applications Supported by Blocked Amount) only. ASBA was launched on May 1, 2010 and is a facility wherein the amount remains blocked in the savings bank account of the applicant until the shares in IPO is allocated to him. In case the […] Continue reading →

IPO with Safety Net Scheme – Sai Silks (Kalamandir) Ltd

Sai Silks Kalamandir Limited IPO Its a known fact that Retail participation in Stock market have been dwindling for retail investors. Added to this, retail investors have badly burnt their hands by investing in over-priced Initial Public Offers (IPOs). Sai Silks (Kalamandir) Limited, is coming with its IPO with “Safety Net Scheme”.  [note color=”#FFCC00″]Under this scheme, if the market value […] Continue reading →