Put Asba forms on websites: Sebi to Bourses 

MARKET watchdog Securities and Exchange Board of India (Sebi) on Tuesday asked the bourses to make application supported by blocked amount (Asba) forms available on their websites, a new route for public issues wherein investors’ money is not blocked unless shares are allocated to them. 
“It has been decided to make Asba bid-cum application forms available for download and printing from websites of the stock exchanges, which provide electronic interface for Asba facility. The Asba forms so downloaded shall have a unique application number and can be used for making Asba applications in public issues,” Sebi said in a circular. 

It should be applicable to all public issues opening on or after July 19, Sebi said, adding that the forms should be made available at least one day before opening of the offer. 

Financial Chronicle, New Delhi, 14-07-10.