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How to modify the bids in the IPO application?

  • Pending applications can only be cancelled and not modified, unlike submitted IPO applications. The submitted IPO applications can be modified or cancelled only between 10:00 AM and 4:30 PM on trading days.
  • IPO orders can only be modified 3 times as mandated by the exchanges.

Kite app

  1. Tap on Bids.
  2. Tap on IPO.
  3. Tap on Applied.
  4. Select the IPO to be modified and tap on Modify.




Kite web

To modify the bids on Kite web, follow these steps:

  1. Log in to kite.zerodha.com/bids/ipo.
  2. Select the IPO and click on Options.
  3. Click on Modify.
  4. Make the required changes.
  5. Click on Modify.

Did you know? If a bid is modified and the modified bid value exceeds the earlier blocked amount, the client will receive a new mandate reflecting the increased sum. Upon acceptance, the blocked funds in the bank account are adjusted to match the new mandate amount, and the previous mandate becomes void.