ASBA – Application Supported by Blocked Amount
In January 2008 Reliance Power came out with Initial Public Offer (IPO) aggregating to Rs 11,563 crores. The issue was oversubscribed by more than 73 times and generated demand exceeding Rs 750,000 crores. Reliance Power Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
