All the brokers including SAMCO provide the facility to apply for IPO using the ASBA process. In this process, you need to have a net banking facility available with you with any Indian bank. Follow the steps for applying in an IPO using the ASBA process:
- Login to your net banking account of any Indian bank.
- Go to IPO offerings.
- Enter your Demat account details.
- From the list of open IPOs, click on the IPO that you want to apply.
- Enter IPO details such as bid quantity, bid price, etc.
- Verify and confirm the IPO application request.