Applications for the IPO can be submitted using ASBA or UPI through authorised bank and broker/trading platforms.
Admach Systems Ltd. IPO ASBA (Net Banking / Bank Portal)
To apply via ASBA, follow the steps below:
Step 1: Ensure you have a Demat account and a bank account linked to a Self Certified Syndicate Bank (SCSB)
Step 2: Log in to your net banking portal
Step 3: Navigate to the IPO / ASBA section
Step 4: Select Admach Systems Ltd. IPO. Enter your bid details (lot size, number of lots) and Demat account information
Step 5: Confirm your application. The amount gets blocked (not debited) until allotment
Step 6: If shares are allotted, your account is debited; otherwise, blocked funds are released back
Admach Systems Ltd. IPO UPI (Broker Platforms / Trading App)
If you prefer applying through a broker or trading app, follow these steps:
Step 1: Log in to your broker/trading app
Step 2: Go to the IPO or ‘Bids’ section. Select Admach Systems Ltd. IPO
Step 3: Enter the lot quantity and your UPI ID. Ensure the quantity is a multiple of 600 shares
Step 4: Submit your bid. A mandate request will pop up in your UPI app. Approve it
Step 5: The application money will be blocked via UPI. It will be debited only if shares are allotted; otherwise, the block is released after the issue closes
Both methods are accepted under current regulations.
Check other Upcoming IPOs here: Upcoming IPO