Can I cancel the IPO application before allotment?

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Yes, a retail investor can cancel the IPO application before allotment by writing directly to the Registrar.

The IPO application cancellation window through your broker or bank closes once the issue subscription window gets closed. However, if you wish to cancel your IPO bid post the issue closure date, you need to submit a written request to the Registrar via email along with your application details. The Registrar can consider the cancellation request provided the request is received before the finalization of the allotment.


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