Page 6 - Public Issues News Today

The ASBA applications in public Issues shall be processed only after the application monies are blocked in the investors bank accounts, markets regulator announced on Monday.

The ASBA applications in public Issues shall be processed only after the application monies are blocked in the investors bank accounts, markets regulator announced on Monday.Accordingly, all intermediaries and market infrastructure ...

All applications in an IPO to be processed only after required funds to back the application is blocked in the bank; new norms for all IPOs that open on or after September 1.

Sonu Infratech IPO Allotment Result: The Initial Public Offerings (IPO) of the Civil Constructions company Sonu Infratech started on 29th April 2022 and ended

Are you willing to invest in an initial public offering (IPO)? Here is good news for you. Investors will be allowed to apply in IPOs through Unified Payments Interface (UPI) mode for up to Rs 5 lakh per application. This is according to an announcement made by the Securities and Exchange Board of India (Sebi).

This comes after National Payments Corporation of India (NPCI), which manages the online payment system UPI, undertook system audits and found that a hike in the limit was required, Sebi said.

Are you willing to invest in an initial public offering (IPO)? Here is good news for you. Investors will be allowed to apply in IPOs through Unified Payments Interface (UPI) mode for up to Rs 5 lakh per application. This is according to an announcement made by the Securities and Exchange Board of India (Sebi).

SEBI has allowed retail investors to bid in an IPO using Unified Payment Interface (UPI) in 2019; bid limit has now been increased from Rs 2 lakh to Rs 5 lakh. 

Individual investors can use UPI for up to Rs 5 lakh payment in public issues

SEBI said that individual investors applying in public issues of equity shares and convertibles can use UPI for application amount up to Rs 5 lakh.