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Can we cancel IPO subscription?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Yes, you can cancel IPO subscription if you are an investor with an IPO application amount of up to Rs 2 lakhs.

QIBs and NIIs are not allowed to cancel their IPO bids once placed. They can only modify it to increase the bid size.


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