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ASBA
Associated Banc-Corp 6.625% Fixed-Rate Reset Subordinated Notes due 2033
stock NYSE Structured Product

At Close

Oct 1, 2026 10:02:51 AM EDT

25.01USD-0.438%(-0.11)27,095

0.00Bid 0.00Ask 0.00Spread

Pre-market

0.00USD-100.000%(-25.12)0

After-hours

Oct 1, 2026 4:10:30 PM EDT

25.07USD+0.240%(+0.06)1

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ASBA Reddit Mentions

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ASBA Specific Mentions

As of Oct 2, 2026 1:20:26 AM EDT (<1 min. ago)

Includes all comments and posts. Mentions per user per ticker capped at one per hour.

21 hr ago • u/Glittering-Twist-420 • r/IndianStockMarket • missed_an_ipo_because_of_a_federal_bank_app • Discussion • B

Hey everyone,
I applied for the Asha IPO directly through the official Federal Bank app using ASBA. I had enough balance, but the bank's system automatically rejected my application with the status "Cancelled by Authentication".
I did NOT cancel this bid manually. The money is safe in my account, but because of their internal server glitch, my application never went through, and the IPO is now closed.
I know SEBI guidelines state banks must compensate retail investors for "opportunity loss" due to technical failures.
Has anyone successfully claimed compensation from a bank for a failed IPO application? What is the best way to escalate this to the Federal Bank Nodal Officer or the RBI Ombudsman so they take me seriously?
TL;DR: Federal Bank app glitched and auto-cancelled my Asha IPO bid. Money is safe, but I missed the investment. Looking for advice on how to hold them legally accountable.

21 hr ago • u/Glittering-Twist-420 • r/IndianStockMarket • missed_an_ipo_because_of_a_federal_bank_app • Discussion • B

Hey everyone,
I applied for the Asha IPO directly through the official Federal Bank app using ASBA. I had enough balance, but the bank's system automatically rejected my application with the status "Cancelled by Authentication".
I did NOT cancel this bid manually. The money is safe in my account, but because of their internal server glitch, my application never went through, and the IPO is now closed.
I know SEBI guidelines state banks must compensate retail investors for "opportunity loss" due to technical failures.
Has anyone successfully claimed compensation from a bank for a failed IPO application? What is the best way to escalate this to the Federal Bank Nodal Officer or the RBI Ombudsman so they take me seriously?
TL;DR: Federal Bank app glitched and auto-cancelled my Asha IPO bid. Money is safe, but I missed the investment. Looking for advice on how to hold them legally accountable.

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