Banking Workshop on ASBA - Application Supported by Blocked Amounts - Phase II

APPLICATION SUPPORTED BY BLOCKED AMOUNTS is an application containing an authorization to block the application money in the bank account, for subscribing to an issue.Under this course you will be studying how using APPLICATION SUPPORTED BY BLOCKED AMOUNTS facility investors can apply for shares using their bank account.APPLICATION SUPPORTED BY BLOCKED AMOUNTS basically is a supplementary process of applying in initial public offers (IPO), right issues and follow on public offers (FPO) made through book building route and co-exists with the current process of using cheque as a mode of payment and submitting applications. The course will tell you advantages associated with having APPLICATION SUPPORTED BY BLOCKED AMOUNTS. This course is meant for Merchant bankers, Registrar and Transfer Agents, Banks, Financial Institutes, Securities Firm, other financial intermediaries.PROGRAMME CONTENTS Part I - Overview of APPLICATION SUPPORTED BY BLOCKED AMOUNTS What and how of APPLICATION SUPPORTED BY BLOCKED AMOUNTS - Ideal roadmap to APPLICATION SUPPORTED BY BLOCKED AMOUNTS Introduction to Phase II of APPLICATION SUPPORTED BY BLOCKED AMOUNTS Benefits of APPLICATION SUPPORTED BY BLOCKED AMOUNTS - to all participants, including the bank How should it be popularized What steps is SEBI taking to popularize APPLICATION SUPPORTED BY BLOCKED AMOUNTS Part II : Implementation of APPLICATION SUPPORTED BY BLOCKED AMOUNTS -phase I & II Experiences of the banks in Phase I Expectations from all participants -merchant banks, registrars, SEBI/ SE etc Readying for Phase II - things to be done -technology, process, manpower, etc Part III (Registrar) Instructions - detailing the requirements from the banks Discussing the material changes for Phase II Vis a Vis Phase I Part IV - APPLICATION SUPPORTED BY BLOCKED AMOUNTS process (Investment Banker) Experiences so far The process roadmap Expectations from the banks in the Public/ Rights issue process Part V - Demo on APPLICATION SUPPORTED BY BLOCKED AMOUNTS Part VI - Stock Exchanges Next steps Summing up PROGRAMME COORDINATOR: N.R. Subhalakshmi