How can I cancel my IPO bid on the Upstox?

To cancel the IPO bid, follow these steps:

Step 1: Open the Upstox app, select the IPO you applied for, and tap on ‘Timeline’ or ‘Summary’.

Step 2: Click on ‘Cancel Application’.

Step 3: Confirm your action by tapping ‘Yes, Cancel’.

Important Notes:

• You can only cancel your IPO application during the issue window, which is open from 10 AM to 5 PM.
• If you cancel your bid, ensure you reject the mandate request in your UPI app.

If you wish to apply for the IPO again click here to know the process. Remember to block the IPO amount by clicking on the UPI mandate/payment link sent via an SMS or by tapping on the notification under mandates from your UPI app.

Refer to the links below for guidance on mandate approval in different UPI apps:

• IPO mandate on G-pay
• IPO mandate on Phonepe
• IPO mandate on BHIM

For the updated app features, click here.