Posts Tagged ‘ASBA’

Market musings on the first day of February

Global markets had a field day on Friday, the last trading day for the month of January and there were various factors which supported the same. They helped markets to close in positive territory for the week but not enough to negate the terrible January month. The BSESENSEX gained 400 points on Friday, but ended […]

HNI‘s compulsorily have to apply through ASBA in IPO’s

SEBI has mandated that henceforth all HNI applications in IPO’s would have to be through ASBA. This would bring about a change in how applications happen in IPO’s currently and how they would happen in future. HNI applications are leveraged applications to a great extent and because they involve interest payment, they have typically been […]

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