Can I edit IPO application?

Yes, you can edit your IPO application.

A retail investor and an employee/shareholder with a bid value of Rs 2 lakhs may lower or raise their bid. However, QIBs and NIIs may only increase the bid size in terms of quantity or price or both. They cannot decrease their bids.

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.

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