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UPI ASBA

UPI ASBA is the UPI-based channel for ASBA in public issues under the SEBI, NPCI, and exchange process.

It is a UPI mandate path for blocking IPO application money; the blocked-amount concept itself is ASBA.

Investors enter a UPI ID while bidding and must approve the mandate in their UPI app before deadlines.

Missed mandate approvals can invalidate bids even if the application was submitted.

Unblocking after allotment follows the same ASBA settlement logic as bank ASBA.

Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.