Can I cancel or withdraw the IPO Application submitted online through AxisDirect?

Zerodha (Trade with the best stock broker)

Yes, you can withdrew the IPO Application until the issue closing date before 2 PM.

To cancel you application; login to Axis Direct website, visit Order Book under IPO section, choose the IPO application you would like to cancel and place the request for cancellation.

After successful processing of your withdrawal request, the money will be unblocked in your Axis Bank account within 1 business day.

Customer can also modify / revise the bid online on Axis Direct while the bidding for the IPO share is still in process.


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