Can I edit IPO application?

Yes, you can edit your IPO application.

A retail investor in mainboard IPOs (up to ₹2 lakhs) or an Individual Investor, Employee, or Shareholder in SME IPOs (minimum 2 lots) may revise their bid. Since the minimum application size is 2 lots, the quantity cannot be decreased; in some SME IPOs, even the price can only be revised upward, similar to QIBs and NIIs.

You can change your bids as per the above guidelines or any other details in your application as long as the issue is open for subscription. The time window for submitting bids is from 10:00 a.m. (opening of the issue) to 5:00 p.m. (closing of the issue). On the last day, applications for amendments are generally accepted only until 3:00 p.m.

You can process your IPO application online through the broker/bank's platform or submit the revised application form at the nearest bank or broker branch.