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Can I modify IPO bid?

SME IPO Enquiry

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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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