To manage end-to-end operations of ASBA-based IPO, NCD, SGB, and UPI transactions, ensuring accuracy, regulatory compliance, timely processing, and effective coordination across internal and external stakeholders.
Issue Set-up & Pre-Opening Activities
- Track exchange intimation emails for current issues.
- Perform master creation/configuration in ASBA systems.
- Prepare and circulate issue opening communication.
- Prepare and upload CUG consolidated files.
- Coordinate with stakeholders for operational readiness.
B. Application Processing & Exchange Interaction
- Download and process application files from ASBA systems.
- Upload manual bids on exchange platforms (IPO/NCD).
- Process files received from Kotak Securities and other intermediaries.
- Download and validate exchange response files.
- Monitor and process QIB applications.
- Track and escalate pending applications; ensure closure-day processing within timelines.
C. UPI & ASBA Monitoring
- Perform daily UPI ASBA reporting.
- Handle closure-day UPI reporting and FC submission.
- Coordinate resolution of pending/failed UPI transactions.
D. Reconciliation & Exception Handling
- Perform daily and final reconciliation of ASBA applications.
- Identify and resolve discrepancies.
- Process:
- Cancellation and withdrawal requests
- Unblocking of funds
- Issue Annexure III to RTA.
E. Post-Closure Activities
- Circulate issue closing communication.
- Conduct T+1 third-party validations.
- Process NCD data uploads and broker/syndicate FC.
- Coordinate with CPC for:
- FD creation
- QIB lien removal/replacement
F. Allotment & Fund Management
- Prepare and upload allotment files.
- Perform allotment reconciliation and variance tracking.
- Authorize debit/release files and perform lien reconciliation.
- Prepare vouchers and execute:
- Fund transfers to issuer (ASBA/UPI)
- Anchor investor fund transfers
- Track allotment UTR, vouchers, and refund certificates.