Application Supported by Blocked Amount (ASBA) facility

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.... Registrars to an Issue To All Registered Bankers to an Issue To All Registered Stock Brokers Sub.: Application Supported by Blocked Amount (ASBA) facility 1. SEBI, vide Circular No. CIR/CFD/DIL/8/2010 dated October 12, 2010, enabled the syndicate / sub-syndicate members to procure ASBA forms (hereinafter referred as "Syndicate ASBA") from the investors, upload the relevant details in ....

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....tock Exchanges, who may not be syndicate members in an issue. The said Circular envisages enabling the facility to submit the application forms in more than 1000 locations which are part of the nationwide broker network of the Stock Exchanges, by March 1, 2013. 4. In partial modification of the Circular No. CIR/CFD/DIL/1/2011 dated April 29, 2011 and in order to facilitate syndicate / sub-syndicat....