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How to cancel IPO application?

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An IPO application can be cancelled online by a retail investor while the IPO is open for subscription.

You can cancel ASBA as well as UPI- supported IPO applications.

Steps to Cancel IPO Application

  1. Visit the website or app from where you applied for IPO.
  2. Go to the IPO section.
  3. Select the applied IPO for cancellation.
  4. Click on the Withdraw/Delete/Cancel Application button once available.
  5. Revoke UPI mandate in case of UPI route.

You will get a cancellation confirmation for the request initiated.

Note:

  • Some banks or brokers may restrict IPO cancellation until 2 PM on the issue closing day.
  • Application in QIB and NII category cannot be withdrawn.



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