All our Branches are designated to accept physical ASBA applications.
|Nodal Branch||022-2272 1781, 022-2272 1982|
|Call Center||1800 103 1906, 1800 220 229,022-4091 9191|
|HO TrBD||022-6131 7587|
|Sl. No.||Details of Activities||Due Date (working day*)|
An investor, intending to subscribe to a public issue, shall submit a completed bid-cum-application form to any of the following intermediaries:
|Issue opening date to issue closing date (where T is issue closing date)|
|2||The aforesaid intermediaries shall, at the time of receipt of application, give an acknowledgement to investor, by giving the counter foil or specifying the application number to the investor, as a proof of having accepted the application form, in physical or electronic mode, respectively.
|The form, SCSB shall capture and upload the relevant details in the electronic bidding system as specified by the stock exchange(s) and may begin blocking funds available in the bank account specified in the form, to the extent of the application money specified.
|After accepting the application form, respective intermediary shall capture and upload the relevant details in the electronic bidding system of stock exchange(s). Stock exchange(s) shall validate the electronic bid details with depository's records for DP ID, Client ID and PAN, by the end of each bidding day and bring the inconsistencies to the notice of intermediaries concerned, for rectification and re-submission within the time specified by stock exchange. Stock exchange(s) shall allow modification of selected fields in the bid details already uploaded on a daily basis.|
|3||Issue Closes||T (Issue closing date)|
|4.||Stock exchange(s) shall allow modification of selected fields (till 01:00 PM) in the bid details already uploaded. Registrar to get the electronic bid details from the stock exchanges by end of the day. Syndicate members, brokers, DPs and RTAs to forward a schedule as per format given below along with the application forms to designated branches of the respective SCSBs for blocking of funds.
(*Stock exchange(s) shall uniformly prescribe character length for each of the above-mentioned fields) SCSBs to continue / begin blocking of funds. Designated branches of SCSBs may not accept schedule and applications after T+1 day. Registrar to give bid file received from stock exchanges containing the application number and amount to all the SCSBs who may use this file for validation / reconciliation at their end. Issue Closes
(*Stock exchange(s) shall uniformly prescribe character length for each of the above-mentioned fields)