ASBA (Application Supported by Blocked Amount) is an investor-friendly way to apply for any IPO / FPO / Bonds / Rights Issue. With ASBA, you can authorise us to block the application money in your Kotak Savings Account, for investing in IPO, FPO, Rights Issue, Bonds and Debentures and continue earning interest on blocked amount. It is not necessary to have a Demat account with Kotak for applying through ASBA. You can also apply if you have a Demat account with other entities.
| Apply through ASBA & experience convenient banking at its best |
How to apply for ASBA1. Login to KotakMobile Banking App2.  Look for IPO (ASBA) inthe investment tab3.  Apply for IPO4. Confirm |
Dear Aji Varghese, ASBA (Application Supported by Blocked Amount) is an investor-friendly way to apply for any IPO / FPO / Bonds / Rights Issue. With ASBA, you can authorise us to block the application money in your Kotak Savings Account, for investing in IPO, FPO, Rights Issue, Bonds and Debentures and continue earning interest on blocked amount. It is not necessary to have a Demat account with Kotak for applying through ASBA. You can also apply if you have a Demat account with other entities.Apply through ASBA & experience convenient banking at its bestHow to apply for ASBA1. Login to KotakMobile Banking App2. Look for IPO (ASBA) inthe investment tab3. Apply for IPO4.ConfirmDetails of the Live IPO are given below:ANGEL BROKING LIMITED IPOIssue PeriodTuesday, September 22nd, 2020 to Thursday, September 24th, 2020Price BandRs.305/- to Rs.306/- per equity share.Issue SizeRs. 600/- crsBid Lot49 equity shares & multiple of 49 equity shares thereafter.Please refer the Red Herring Prospectus ANGEL BROKING LIMITED IPO for risk factors and further details. |
