Application Supported by Blocked Amount definition
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;
Application Supported by Blocked Amount or “ASBA” shall mean an application, whether physical or electronic, used by ASBA Bidders to make a Bid and authorizing an SCSB to block the Bid Amount in the ASBA Account and will include applications made by RIBs using the UPI Mechanism where the Bid Amount will be blocked upon acceptance of UPI Mandate Request by RIBs using the UPI Mechanism;
Application Supported by Blocked Amount. “ASBA” shall mean the Application (whether physical or electronic) used by Applicant(s) to make an application authorizing the SCSB to block the Application Money in a specified bank account maintained with the SCSB;
Examples of Application Supported by Blocked Amount in a sentence
All Bidders (except Anchor Investors) shall mandatorily participate in the Offer only through the Application Supported by Blocked Amount process and shall provide details of their respective bank account (including UPI ID (defined hereinafter) in case of UPI Bidders (defined hereinafter) in which the Bid Amount will be blocked by the Self Certified Syndicate Banks or by the Sponsor Bank(s) or pursuant to the UPI Mechanism, as the case may be.
More Definitions of Application Supported by Blocked Amount
Application Supported by Blocked Amount means an Application (whether physical or electronic) used by an Investor to make an Application authorizing the SCSBs to block the application amount of a specified bank account maintained with the SCSB;
Application Supported by Blocked Amount or “ASBA” means an application, whether physical or electronic, used by ASBA Bidders, to make a Bid and authorizing the relevant 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;
Application Supported by Blocked Amount means an application for subscription to shares or bidding, where money is blocked in the applicant’s
Application Supported by Blocked Amount. / “ASBA” shall mean 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;
Application Supported by Blocked Amount means an application, whether physical or electronic, used by ASBA Bidders to make a Bid and authorizing an SCSB to block the Bid Amount in the ASBA Account and will include applications made by UPI Bidders using the UPI Mechanism where the Bid Amount will be blocked upon acceptance of UPI Mandate Request by UPI Bidders using the UPI Mechanism. An application, whether physical or electronic, used by ASBA Bidders to make a Bid authorising the relevant SCSB to block the Bid Amount in the relevant ASBA Account and will include applications made by UPI Bidders using the UPI Mechanism where the Bid Amount will be blocked by SCSBs upon acceptance of UPI Mandate Request by UPI Bidders using the UPI Mechanism.
Application Supported by Blocked Amount or “ASBA” shall mean an application, whether physical or electronic, used by ASBA Bidders to make a Bid and authorizing an SCSB to block the Bid Amount in the ASBA Account and will include the amounts blocked by SCSBs upon acceptance of UPI Mandate Request by UPI Bidders using UPI Mechanism;
Application Supported by Blocked Amount. / “ASBA” shall mean Application (whether physical or electronic) used by Applicant(s) to make an application authorizing the SCSB to block the Application Money in a specified bank account maintained with the SCSB;