News: Recently, SEBI approved a framework for an Application Supported by a Blocked Amount (ASBA) like facility being made available to investors for secondary market trading.

 It is a facility that allows investors to apply for initial public offerings (IPOs) and invest in the stock market without actually transferring the money to the IPO issuer or stockbroker upfront.
 Instead, the investor’s application money is temporarily blocked in their bank account until the shares are allotted to them. This helps investors earn interest on their money while it is blocked and also eliminates the risk of fraud or misappropriation of funds by intermediaries.
 There will be a direct settlement with the clearing corporation (CC), without passing through the pool accounts of the intermediaries, thereby providing client-level settlement visibility to CC and thus avoiding the risk of co-mingling of clients’ funds and securities. 

DICS Branches

Our Branches

DICS Ahmedabad


(Head Office)

Address : 506, 3rd EYE THREE (III), Opp. Induben Khakhrawala, Girish Cold Drink Cross Road, CG Road, Navrangpura, Ahmedabad, 380009.

Mobile : 8469231587 / 9586028957

Telephone : 079-40098991



Address: A-306, The Landmark, Urjanagar-1, Opp. Spicy Street, Kudasan – Por Road, Kudasan, Gandhinagar – 382421

Mobile : 9723832444 / 9723932444


DICS Vadodara


Address: 2nd Floor, 9 Shivali Society, L&T Circle, opp. Ratri Bazar, Karelibaugh, Vadodara, 390018

Mobile : 9725692037 / 9725692054


DICS Surat


Address: 403, Raj Victoria, Opp. Pal Walkway, Near Galaxy Circle, Pal, Surat-394510

Mobile : 8401031583 / 8401031587


DICS New Delhi

New Delhi(In Association with Edge IAS)

Address: 57/17, 2nd Floor, Old Rajinder Nagar Market, Bada Bazaar Marg, Delhi-60

Mobile : 9104830862 / 9104830865