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How to cancel IPO in Edelweiss?

Edelweiss Account Opening

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The Edelweiss IPO application can be cancelled or updated online at any time when IPO is open for subscription. You cannot update the IPO application once the issue is closed.

Steps to Cancel IPO in Edelweiss

  1. Login to the Edelweiss website or mobile app.
  2. In the top right, go to 'Buy/Sell' > 'Order Status'.
  3. Click on the 'New Offers' > 'IPO' tab
  4. Click on actions available to update or cancel the IPO application.

The blocked IPO application amount is released in a day or two after you cancel the IPO application.

 

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