How to modify or cancel the bids in the IPO application through space app?

How to modify or cancel the bids in the IPO application through space app?

  • Any IPO application whether submitted or pending can be modified or cancelled till the IPO is open.
  • Process to Modify or Cancel the BId Through Space App: -
    1. Log in to space app on your phone.
    2. Tap on IPO option
    3. Tap on Order book
    4. Select the application from the list
    5. Tap on Modify and make required changes and submit or             
    6. Tap on Delete and submit.

 RELATED FACTS: -

  • HNI investors (bid > ₹ 2 lakh) cannot cancel their applications.

  • HNI investors cannot modify their application if it decreases the value applied.

  • HNI can only modify the bid to increase the value of applications.