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SME Company Owners
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Check our SME IPO Guide
Yes, you can modify IPO bids online or offline before the IPO issue closure date.
Rules for IPO bid modification
The below table summarizes the rules for IPO application modification:
IPO Investor Category |
IPO Bid Modification Rule |
---|---|
Retail investor |
Can increase or lower the bid size. |
QIB |
Can only increase bid size. |
NII |
Can only increase bid size. |
Employees (bid value up to Rs 2 lakhs) |
Can increase or lower the bid size. |
Shareholders (bid value up to Rs 2 lakhs) |
Can increase or lower the bid size. |
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