Can I cancel my IPO application and apply again?

Yes, you can cancel your IPO application and submit a fresh application if you are a retail investor, employee or shareholder with an IPO investment amount of up to Rs 2 lakhs.

You can cancel the IPO application at any time before the closing of the issue. Once the original application is cancelled, you can reapply for the IPO.

QIBs and NIIs cannot cancel their IPO applications once applied.

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