https://www.taxtmi.com/circulars?id=58576 ASBA facility permits syndicate and sub-syndicate members to procure investor ASBA forms and submit them to SCSBs after uploading bid details on the stock exchanges' bidding platform; SCSBs will verify signatures, block funds and forward forms to the registrar. Syndicate members are entitled to selling commission for procured ASBA forms; SCSBs receive a per-form processing fee only for ASBA forms submitted to them by syndicate/sub-syndicate members, while SCSBs procuring forms directly receive selling commission only. Merchant bankers must disclose the range of SCSB processing fees in the offer document. en-us Tue, 12 Oct 2010 00:00:00 +0530 Thu, 26 Feb 2026 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58576 ASBA facility permits syndicate and sub-syndicate members to procure investor ASBA forms and submit them to SCSBs after uploading bid details on the stock exchanges' bidding platform; SCSBs will verify signatures, block funds and forward forms to the registrar. Syndicate members are entitled to selling commission for procured ASBA forms; SCSBs receive a per-form processing fee only for ASBA forms submitted to them by syndicate/sub-syndicate members, while SCSBs procuring forms directly receive selling commission only. Merchant bankers must disclose the range of SCSB processing fees in the offer document. Circulars SEBI Tue, 12 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58576