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BhubaneswarMumbai, January 110, 2024: MEDI ASSIST HEALTHCARE SERVICES LIMITED (the “Company”), shall open its initial public offering of Equity Shares on Monday, January 15, 2024.The Anchor Investor Bidding Date is Friday, January 12, 2024. The Offe
Zerodha’s post claims that this ASBA-like facility will be a business risk because of the technical requirements that will come with it and the cash-flow challenges it will pose.
Zerodha said the Application Supported by Block Amount (ASBA) like mechanism using the UPI mandate for buying stocks can be a business risk in the future.
Get latest articles and stories on Latest News at LatestLY. Capital markets regulator Sebi on Wednesday streamlined the payment of processing fee through the Unified Payments Interface (UPI) system for shares applied for and allotted during an initial public offering (IPO). Latest News | IPOs: Sebi Streamlines Payment Process Via UPI.
Sebi said that sponsor bank will have to execute the online mandate revoke file for non-allottees or partial allottees and provide pending applications for unblock, if any, to the RTI, not later than 5 pm pm on BOA+1.