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ASBA definition

ASBA means an application, whether physical or electronic, used by Bidders, other than Anchor Investors, to make a Bid and authorising an SCSB to block the Bid Amount in the specified bank account maintained with such SCSB and will include amounts blocked by RIIs using the UPI mechanism;
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ASBA or “Application Supported by Blocked Amount” means an application, whether physical or electronic, by a Bidder (other than Anchor Investors) to make a Bid and authorising the relevant SCSB to block the Bid Amount in the relevant ASBA Account and will include amounts blocked by SCSBs upon acceptance of UPI Mandate Request made by the UPI Bidders;
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ASBA means the application (whether physical or electronic) used by an Applicant to make an application authorising the SCSB to block the Application Money in the ASBA Account of the Applicant, maintained with the SCSB;
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Examples of ASBA in a sentence

  • Bids by ASBA Bidders shall be uploaded in the electronic system to be provided by the Stock Exchanges for the Designated Intermediaries.

  • Bids by Bidders (other than Anchor Investors), other than through ASBA process shall be treated as invalid and liable to be rejected.


More Definitions of ASBA

ASBA means the Association of Ship Brokers and Agents;
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ASBA means AMRESCO SBA Holdings, Inc., a Delaware corporation, and its successors and assigns.
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ASBA means Application Supported by Blocked Amount;
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ASBA means the Association of Ship Brokers and Agents.
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ASBA means the Arizona School Boards Association.
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ASBA means the application (whether physical or electronic) used by an ASBA Bidder to make a Bid by authorising a Self-Certified Syndicate Banks (“SCSBs”) to block the Bid Amount in the ASBA Account and will include applications made by UPI Bidders (as mandated by, and subject to prescribed limit, under SEBI circular SEBI/HO/CFD/DIL2/CIR/P/2022/45 dated April 5, 2022, as amended from time to time) using UPI, where the Bid Amount will be blocked upon acceptance of UPI Mandate Request by UPI Bidders.
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ASBA means Association of School Business Administrators Ltd;
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