How to cancel IPO bid?

An IPO bid can be cancelled online via the bank or broker through whom the IPO is applied.

Steps to cancel IPO bid:

• Login to the bank or bank website or app.
• Look for the IPO section,
• Select the IPO for cancellation.
• Place the cancellation request.

You can also approach the bank or broker and place a written request by quoting your IPO application number if you face any issues to cancel online.

Points to Note:

• Only retail investors can cancel the bid.
• NII and QII cannot withdraw or cancel their bids.
• The cancellation process may vary slightly from bank to bank and broker to broker. Check with your bank/broker for the timings.
• The cancellation placement time on the last day may also be different for each bank and broker. Check with your bank/broker for the timings.