Glossary · Indian market
ASBA ASBA
Application Supported by Blocked Amount: the IPO payment method in which the money stays in your bank account, blocked, and is debited only if you receive shares.
हिंदी में: ASBA
एप्लिकेशन सपोर्टेड बाय ब्लॉक्ड अमाउंट: IPO भुगतान का तरीका जिसमें पैसा बैंक खाते में ब्लॉक रहता है और शेयर मिलने पर ही कटता है।
How it is used in the lessons
Apply through ASBA (net banking) or the UPI mandate from your broker's app.
You can apply through your broker or bank (ASBA), buy additional REs, or sell your REs on the exchange during the trading period.
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Definitions are for education. They are not investment advice. Check official sources such as SEBI and NSE for current rules.