IPO Website from Winspire

What is ASBA?

ASBA stands for Application Supported by Blocked Amount. Instead of paying the IPO application money immediately, the required amount is blocked in your bank account while the application is processed. If you receive shares, the appropriate amount is debited. If you do not receive an allotment, the blocked amount is released according to the process […]

Why is my IPO UPI mandate still pending?

A UPI mandate may remain pending because it has not yet been received, approved, processed or reflected by one of the systems involved. Check your broker application status, your UPI app and the mandate deadline. If the mandate is not approved within the permitted time, the application may not become valid. For a live application […]