Application cum bidding form standardization: mandated ASBA payment fields, investor identifiers and retail cut off rules in public issue forms. The circular standardizes the Application Cum Bidding Form and disclosure for ASBA based public issues: A4 booklet format with colored identifiers for resident/non resident forms; eight digit application number; intermediary stamps; applicant details including PAN and a 16 digit depository account field; investor category/status; bid option table with cut off rules limited to retail bidders; ASBA payment fields with bank account and amount blocked; applicant confirmations, signatures and SCSB authorization; and acknowledgement slips reflecting upload and payment blocking.
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Application cum bidding form standardization: mandated ASBA payment fields, investor identifiers and retail cut off rules in public issue forms.
The circular standardizes the Application Cum Bidding Form and disclosure for ASBA based public issues: A4 booklet format with colored identifiers for resident/non resident forms; eight digit application number; intermediary stamps; applicant details including PAN and a 16 digit depository account field; investor category/status; bid option table with cut off rules limited to retail bidders; ASBA payment fields with bank account and amount blocked; applicant confirmations, signatures and SCSB authorization; and acknowledgement slips reflecting upload and payment blocking.
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