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BEST FOR

Ideal for Demat holders

  • Hassle-free IPO application

  • Get interest on blocked funds

  • No refund worries

  • Simplified process

About ASBA

Eligibility

All investors can apply for IPOs through ASBA. For rights issues, shareholders must hold demat shares and apply through a Self-Certified Syndicate Bank.

Easy Online Application

Apply seamlessly through ICICI Bank’s internet banking or mobile app. Select the IPO, enter bid details, and block funds directly—no cheque required.

Required Details

To apply, keep your PAN, DP ID, Client ID, and bank account number ready. These are mandatory for a successful ASBA application.

No Upfront Payment

Funds are only blocked during application and debited upon allotment. This means you continue to earn interest and avoid refund delays.

ASBA FAQs

What is ASBA Online Facility for Investing in IPO?

ASBA (Application Supported by Blocked Amount) is a secure and convenient way to apply for IPOs. It allows you to block funds in your ICICI Bank account instead of making upfront payments. The amount is debited only if shares are allotted.

What are the benefits of applying through ASBA?

With ASBA, you earn interest on blocked funds, avoid refund delays, enjoy a simplified application process, and apply directly through your trusted bank, ICICI Bank.

Who is eligible to use ASBA for IPOs?

All investors can apply through ASBA for public issues. For rights issues, you must hold shares in demat form, and apply via a Self-Certified Syndicate Bank.

What documents or details do I need to apply?

You’ll need your PAN, DP ID, Client ID, and an active bank account with ICICI Bank. Ensure all details are correctly filled during the application.

How do I apply using ASBA Online Facility?

Log in to your ICICI Bank account, navigate to the IPO/ASBA section, select the IPO, enter your bid and personal details, block the required amount, and apply.