What is ASBA?
ASBA (also called application supported by blocked amount) — Application Supported by Blocked Amount — the mechanism where IPO application money stays blocked in your bank until allotment.
In simple terms
With ASBA/UPI, funds leave your account only if shares are allotted.
Why ASBA matters when you invest
Understanding asba helps you make better-informed decisions when you invest and trade on ROAR by DP TradeKING. Open a free account to put it into practice — ₹0 delivery brokerage and zero-commission direct mutual funds.
ASBA — frequently asked questions
What is ASBA?
Application Supported by Blocked Amount — the mechanism where IPO application money stays blocked in your bank until allotment.
What does ASBA mean in the stock market?
Application Supported by Blocked Amount — the mechanism where IPO application money stays blocked in your bank until allotment. With ASBA/UPI, funds leave your account only if shares are allotted.
Can you give an example of ASBA?
With ASBA/UPI, funds leave your account only if shares are allotted.
Related terms
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