What is the process to apply for an IPO through ASBA Online on NetBanking?
• Login to your NetBanking Account. Click on the link named “IPO Application” under Request on the left side menu. • You will then be redirected to our Online IPO System. • Select one of the IPOs you want to apply for and mention up to 3 bids. The total bid amount will be calculated and lien will be marked on the total of highest bid. • By default, the NetBanking user will be the 1st applicant. Please note that the sequence of names of the applicants should be as per the sequence of names held with your Depository Account. • You will then enter you depository details. • Place and confirm your Order. • You would then be required to accept the “Terms & Conditions” before submitting the bid. • The bid will be accepted and a unique transaction number shall be provided for any further status enquiry on the application. • Further, if the information furnished by the applicant is incorrect, the bid is liable to be rejected and the Company and Bank would not be liable for losses, if any.