Investors can apply in public offerings to get allotments directly in dematerialised form. Investors to furnish their demat account number along with the following information: a. Depository Name, b. DP's Name, c. DP-lD, d. Beneficiary Account Number (BO ID). All the applications, whether with demat option or not, are treated alike for allotment purposes.
Application Supported by Blocked Amount (ASBA) mechanism is the sole payment mechanism in public issues.
On allotment, the Issuer / its R&T agent provides the details of successful allottees who have opted for receiving securities in demat form, to the depository and the execution date when the securities should be credited to the beneficial owners accounts
Accounts of all the successful allottees will be credited on the BOD/ EOD of allotment date.
The allotment advice/refund warrants are sent to the applicants directly by Issuers/ Registrars.
MODELEXAM® 
www.realsoftinfoplan.com