https://www.taxtmi.com/circulars?id=58003 The circular mandates exclusive use of the ASBA facility for public issue applications and broadens authorised application collection points to include RTAs and DPs alongside SCSBs, syndicate members and registered brokers. Intermediaries must upload bid details to the electronic bidding system, acknowledge receipt, coordinate blocking of funds with SCSBs, and comply with specified timelines to ensure listing and commencement of trading within six working days from issue closure. Stock exchanges will validate bids, permit daily modifications, and provide application and allotment status alerts to investors. en-us Tue, 10 Nov 2015 00:00:00 +0530 Thu, 26 Feb 2026 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58003 The circular mandates exclusive use of the ASBA facility for public issue applications and broadens authorised application collection points to include RTAs and DPs alongside SCSBs, syndicate members and registered brokers. Intermediaries must upload bid details to the electronic bidding system, acknowledge receipt, coordinate blocking of funds with SCSBs, and comply with specified timelines to ensure listing and commencement of trading within six working days from issue closure. Stock exchanges will validate bids, permit daily modifications, and provide application and allotment status alerts to investors. Circulars SEBI Tue, 10 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58003