Can I modify IPO bid?

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Yes, you can modify IPO bids online or offline before the IPO issue closure date.

Rules for IPO bid modification

The below table summarizes the rules for IPO application modification:

IPO Investor Category	IPO Bid Modification Rule
Retail investor	Can increase or lower the bid size.
QIB	Can only increase bid size.
NII	Can only increase bid size.
Employees (bid value up to Rs 2 lakhs)	Can increase or lower the bid size.
Shareholders (bid value up to Rs 2 lakhs)	Can increase or lower the bid size.

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