Comment on Zerodha - Plan of Action - FY 2014/15
commented on
21 Jun 2016, 07:43 PM
Unfortunately, the IPO process isn’t online yet. Starting 1st January 2016, SEBI has made it mandatory that all applications be made by ASBA. This is why only such broking houses who also have a banking license are able to provide you this facility.
We’re in touch with the Exchanges and are hoping something is done in this regards so as to get increased participation from the retail community for IPO’s.