{"id":12741,"date":"2024-11-26T07:45:22","date_gmt":"2024-11-26T07:45:22","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=12741"},"modified":"2026-05-08T11:54:13","modified_gmt":"2026-05-08T11:54:13","slug":"how-to-apply-for-ipos-with-asba","status":"publish","type":"ipo","link":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/","title":{"rendered":"Apply in IPO Through ASBA- IPO Application Method"},"content":{"rendered":"\n<p>Investing in Initial Public Offerings (IPOs) remains one of the most popular ways to create wealth and diversify investment portfolios. Investing in an IPO allows individuals to take an ownership stake in companies during its initial phases or just before it uses the funds raised in the IPO for future growth. However, applying for IPOs can be challenging, particularly if you are new to the stock markets. That is where the Application Supported by Blocked Amount (ASBA) comes into the picture. ASBA is a SEBI-approved mechanism that simplifies the process of applying in IPOs.<\/p>\n\n\n\n<p>This detailed guide outlines the basics of an IPO, how ASBA works, and its advantages. Whether you apply for an IPO online or offline, this guide will provide the steps and tips to ensure a smooth investing experience.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#What_is_an_IPO\" title=\"What is an IPO?\">What is an IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#How_to_Apply_for_IPO_Online_Offline\" title=\"How to Apply for IPO Online &amp; Offline\">How to Apply for IPO Online &amp; Offline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#What_is_ASBA\" title=\"What is ASBA?\">What is ASBA?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#Eligibility_to_Apply_for_IPO_Through_ASBA\" title=\"Eligibility to Apply for IPO Through ASBA\">Eligibility to Apply for IPO Through ASBA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#How_to_Apply_for_IPO_through_ASBA_Online_and_Offline\" title=\"How to Apply for IPO through ASBA (Online and Offline)\">How to Apply for IPO through ASBA (Online and Offline)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#Advantages_of_Applying_through_ASBA\" title=\"Advantages of Applying through ASBA\">Advantages of Applying through ASBA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-what-is-an-ipo\"><span class=\"ez-toc-section\" id=\"What_is_an_IPO\"><\/span>What is an IPO?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IPO refers to the first time the shares are offered to the general public by a private company. This makes it possible for a company to raise capital from the general public and make it a publicly traded company on the stock exchange.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-why-do-companies-launch-ipo\">Why Do Companies Launch IPO?<\/h3>\n\n\n\n<p>Different reasons why companies launch an IPO are mentioned below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Capital for Growth: <\/strong>Companies use IPO proceeds to expand operations, invest in new projects, or pay off debt.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Enhance Market Position:<\/strong> An IPO increases the visibility and credibility of a company in the market.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Liquidity for Founders and Early Investors:<\/strong> IPOs offer an exit opportunity for early investors or founders wishing to liquidate part of their stake.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-advantages-to-investors\">Advantages to Investors<\/h3>\n\n\n\n<p>The advantages of IPOs to investors are listed below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Equity Ownership:<\/strong> Investors have an opportunity to buy shares in a company with good future growth prospects.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Strong Returns: <\/strong>In most cases, an IPO can result in significant listing day returns. This is particularly true if the company has priced its shares lower than the actual value to attract more investors and cause oversubscription.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Regulated Process:<\/strong> SEBI\u2019s oversight ensures fair pricing and transparency in the IPO process.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-apply-for-ipo-online-amp-offline\"><span class=\"ez-toc-section\" id=\"How_to_Apply_for_IPO_Online_Offline\"><\/span>How to Apply for IPO Online &amp; Offline<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Applicants can submit IPO applications either online or offline, as it suits the applicant. Let&#8217;s divide each into detail.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-online-application-for-ipo\">Online Application for IPO<\/h3>\n\n\n\n<p>Today, the method of <a href=\"https:\/\/www.pocketful.in\/ipo\">applying for IPOs<\/a> online has received an excellent response primarily because of its convenient and speedy application process. Here is a step-by-step guide for online application.<\/p>\n\n\n\n<p><strong>1. Open a Demat Account<\/strong><\/p>\n\n\n\n<p>A Demat account is essential for filing IPOs because it stores shares electronically if the shares are allotted to the investors.&nbsp;<\/p>\n\n\n\n<p><strong>2.<\/strong> <strong>Log in to Your Trading Platform<\/strong><\/p>\n\n\n\n<p>Login to your broker&#8217;s trading platform, through which you access the IPO section.<\/p>\n\n\n\n<p><strong>3.<\/strong> <strong>Select an IPO &amp; Enter&nbsp;<\/strong><\/p>\n\n\n\n<p>Look for the IPOs open for subscription. Based on your analysis, select the IPO you wish to apply for. Select the investor category and enter the number of lots you wish to apply for.<\/p>\n\n\n\n<p><strong>4. Submit ASBA request<\/strong><\/p>\n\n\n\n<p>Enter the UPI (Unified Payments Interface) ID. You will receive a request to approve the ASBA request.<\/p>\n\n\n\n<p><strong>5. Authorize Fund Blocking<\/strong><\/p>\n\n\n\n<p>Authorize the ASBA request to block funds in your bank account. The funds are only blocked and not debited until shares are allotted.&nbsp;<\/p>\n\n\n\n<p><strong>6. Track Your Application<\/strong><\/p>\n\n\n\n<p>You will be able to track the status of your application from your trading account and the registrar&#8217;s website.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-offline-ipo-application\">Offline IPO Application<\/h3>\n\n\n\n<p>Here is the process an individual can follow to apply for IPOs offline.<\/p>\n\n\n\n<p><strong>1. Get the IPO Application Form<\/strong><\/p>\n\n\n\n<p>Get this form from the nearest branch of your bank.<\/p>\n\n\n\n<p><strong>2. Fill up the Form<\/strong><\/p>\n\n\n\n<p>Fill out the IPO application form with the required details, such as a <a href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-demat-account\/\" target=\"_blank\" rel=\"noreferrer noopener\">Demat account<\/a>, PAN card, and bid information. Provide the bank account number or UPI ID you want to use for the ASBA process.<\/p>\n\n\n\n<p><strong>3. Submit the Form<\/strong><\/p>\n\n\n\n<p>Sign the mandate instructing the bank to block the amounts in your bank account and submit it along with the IPO application form.&nbsp;<\/p>\n\n\n\n<p><strong>4. Confirmation and Tracking<\/strong><\/p>\n\n\n\n<p>Once submitted, receive an acknowledgment slip from the bank branch. Track the status of your application using the reference number on the slip.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-asba\"><span class=\"ez-toc-section\" id=\"What_is_ASBA\"><\/span>What is ASBA?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Application Supported by Blocked Amount (ASBA) is a mechanism introduced by SEBI to facilitate the IPO application process. In this mechanism, the applicant does not need to transfer any money when applying for the IPO. Instead, the money stays in the bank account but remains blocked for the IPO application.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-key-features-of-asba\">Key Features of ASBA<\/h3>\n\n\n\n<p>The key features of the ASBA mechanism are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Funds are Blocked in Your Account:<\/strong> The amount required, according to the bid information in the IPO application, gets blocked, but it continues to earn interest in your savings account.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No Withdrawal till Allotment:<\/strong> Funds get debited only if shares are allotted.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Refund Without Delay:<\/strong> If no shares are allotted, the blocked amount is automatically released.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Transparency:<\/strong> The ASBA process is secure as no amount is deducted from the bank account.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligibility-to-apply-for-ipo-through-asba\"><span class=\"ez-toc-section\" id=\"Eligibility_to_Apply_for_IPO_Through_ASBA\"><\/span>Eligibility to Apply for IPO Through ASBA<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To apply for an IPO using ASBA, you must have all the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Valid Demat Account: <\/strong>You must have a Demat account wherein your shares will be held in electronic form.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bank Account with ASBA Services:<\/strong> Your bank should have ASBA services. Most of the big banks operating in India support ASBA.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>PAN Card: <\/strong>Applying for an IPO requires a valid PAN card.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sufficient Funds: <\/strong>Your account should have sufficient funds required to apply for an IPO.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-apply-for-ipo-through-asba-online-and-offline\"><span class=\"ez-toc-section\" id=\"How_to_Apply_for_IPO_through_ASBA_Online_and_Offline\"><\/span>How to Apply for IPO through ASBA (Online and Offline)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-online-process\">Online Process<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Login into your broker\u2019s trading platform.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Navigate to the IPO section and select the desired IPO.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fill out the details related to bid price, quantity, investor type, etc., and submit the UPI ID.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Approve the ASBA request for blocking funds in your bank account and monitor the status of your IPO application.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-offline-process\">Offline Process<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Visit the nearest branch of your bank and collect the IPO application form.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fill out the form with details related to the bid price, quantity, Demat account number, etc. Approve the mandate that allows your bank to block the funds required for IPO applications and submit them at your bank&#8217;s branch.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Upon submission, the bank verifies the credentials and blocks funds in your bank account.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Obtain an acknowledgment slip, which can be used to track your IPO application.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-advantages-of-applying-through-asba\"><span class=\"ez-toc-section\" id=\"Advantages_of_Applying_through_ASBA\"><\/span>Advantages of Applying through ASBA<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The advantages of applying for IPO through ASBA are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Interest on Funds: <\/strong>The blocked funds in your bank account earn interest until shares are allotted.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No Refund Hassles:<\/strong> Before ASBA was introduced, investors had to wait for refunds in case of non-allotment of shares as amounts were deducted at the time of application. In ASBA, the funds are released immediately as they were only blocked in the bank account.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No Additional Charges: <\/strong>ASBA applications do not have extra processing fees.<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/what-is-asba\/\">ASBA Meaning, Benefits, and Process<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Applying for an IPO through ASBA is a safe and hassle-free process, wherein your money will be blocked until the shares are allocated. Moreover, investors don&#8217;t have to wait for a refund if the shares are not allotted and the funds continue to earn interest in their bank accounts. It is a SEBI-approved process that ensures hassle-free IPO investments.&nbsp;<\/p>\n\n\n\n<p>Whether applying for an IPO online or offline, ASBA has been a key component in the IPO application process due to its reliability and convenience. As IPOs witness a rise in participation by retail investors, ASBA has become a preferred method of payment in IPO applications.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/anchor-investors-in-ipos\/\">Anchor Investors in IPOs \u2013 Meaning, Role &amp; Benefits<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/how-to-cancel-an-ipo-application\/\">How to Cancel an IPO Application?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">3<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/difference-between-ipo-and-fpo\/\">Why Invest in anKey Difference Between IPO and FPOIPO and its Benefits?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">4<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/what-is-ipo-cycle\/\">What is Face What is the IPO Cycle<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">5<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/what-is-nii-in-ipo\/\">What is NII in IPO?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">6<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/what-is-an-ipo-mutual-fund-should-you-invest\/\">What Is An IPO Mutual Fund? Should You Invest?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">7<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/benefits-of-investing-in-ipo\/\">Why Invest in an IPO and its Benefits?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">8<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/\">IPO Application Eligibility Criteria<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">9<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/what-is-ipo-allotment-process\/\">What is the IPO Allotment Process?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">10<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/sme-ipo-vs-mainboard-ipo\/\">Difference Between Mainboard IPO and SME IPO<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">What is ASBA in an IPO?<\/h3><p class=\"saswp-faq-answer-text\">ASBA stands for Application Supported by Blocked Amount, a mechanism introduced by SEBI that permits applicants to apply for an IPO by blocking application amounts in their bank accounts. In this scenario, the funds are safe and deducted only from the applicant&#8217;s account when the shares are allotted.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Can I apply for an IPO without a Demat account?<\/h3><p class=\"saswp-faq-answer-text\">Investors require a Demat account to apply for IPOs. The Demat account stores stocks in electronic form if the investor gets allotted shares.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">ASBA or UPI: Which is better for an IPO?<\/h3><p class=\"saswp-faq-answer-text\">ASBA doesn\u2019t require investors to have a smartphone, and thus, it allows offline IPO applications. On the other hand, UPI offers convenience as investors can easily apply for IPOs through mobile apps.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">How would I know the status of my IPO application?<\/h3><p class=\"saswp-faq-answer-text\">You can track the status of your application by entering your details on the registrar\u2019s website.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Can an IPO application form be canceled or modified?<\/h3><p class=\"saswp-faq-answer-text\">Retail investors can cancel or modify their IPO bids. However, QIBs and NIIs can only increase their bid and are not allowed to cancel their IPO applications.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>Investing in Initial Public Offerings (IPOs) remains one of the most popular ways to create wealth and diversify investment portfolios. Investing in an IPO allows individuals to take an ownership stake in companies during its initial phases or just before it uses the funds raised in the IPO for future growth. However, applying for IPOs [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":12798,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[183],"class_list":["post-12741","ipo","type-ipo","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"acf":{"freelancer":"Komal"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Apply for IPO Through ASBA?- Pocketful<\/title>\n<meta name=\"description\" content=\"Learn how to apply for IPOs with ASBA, a SEBI-approved mechanism ensuring secure, hassle-free investing while earning interest on blocked funds until allotment.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apply in IPO Through ASBA- IPO Application Method\" \/>\n<meta property=\"og:description\" content=\"Learn how to apply for IPOs with ASBA, a SEBI-approved mechanism ensuring secure, hassle-free investing while earning interest on blocked funds until allotment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-08T11:54:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Apply-IPO-Through-ASBA.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1497\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"6 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How to Apply for IPO Through ASBA?- Pocketful","description":"Learn how to apply for IPOs with ASBA, a SEBI-approved mechanism ensuring secure, hassle-free investing while earning interest on blocked funds until allotment.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Apply in IPO Through ASBA- IPO Application Method","og_description":"Learn how to apply for IPOs with ASBA, a SEBI-approved mechanism ensuring secure, hassle-free investing while earning interest on blocked funds until allotment.","og_url":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/","og_site_name":"Pocketful","article_publisher":"https:\/\/www.facebook.com\/Pocketful.HQ\/","article_modified_time":"2026-05-08T11:54:13+00:00","og_image":[{"width":1497,"height":1080,"url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Apply-IPO-Through-ASBA.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@Pocketful_HQ","twitter_misc":{"Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/","url":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/","name":"How to Apply for IPO Through ASBA?- Pocketful","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#website"},"datePublished":"2024-11-26T07:45:22+00:00","dateModified":"2026-05-08T11:54:13+00:00","description":"Learn how to apply for IPOs with ASBA, a SEBI-approved mechanism ensuring secure, hassle-free investing while earning interest on blocked funds until allotment.","breadcrumb":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog Home","item":"https:\/\/wp-api.pocketful.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Apply in IPO Through ASBA- IPO Application Method"}]},{"@type":"WebSite","@id":"https:\/\/wp-api.pocketful.in\/blog\/#website","url":"https:\/\/wp-api.pocketful.in\/blog\/","name":"Pocketful blog","description":"Learn Stock market trading, investing &amp; 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