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Bids <strong>more than ₹2 lakhs </strong>can’t be cancelled but can be modified only to increase quantity or price</li><li>While cancelling or modifying bids can be done before or after accepting the UPI mandate, once the IPO subscription is closed you cannot cancel your bid</li></ul>\n\n\n<div class=\"feedback-survey\" data-blocktype=\"custom-block\"><div class=\"heading\"><h3>Feedback Survey</h3></div><div class=\"content\">Yes</div></div>\n\n<div class=\"related-queries\" data-blocktype=\"custom-block\"><div class=\"heading\"><h3>Related Queries</h3></div><div class=\"content\">\n\n<ul class=\"wp-block-list\"><li><a href=\"/home/trading-investment/ipo/issues-with-ipo/why-am-i-unable-to-cancel-the-application-as-an-hni-investor/\" data-type=\"page\" data-id=\"17014\">Why am I unable to cancel the application as an HNI investor?</a></li><li><a href=\"/home/trading-investment/ipo/applying-for-ipo/if-i-am-an-hni-investor-can-i-modify-the-application-by-reducing-the-lot-size-or-price/\" data-type=\"page\" data-id=\"16969\">If I am an HNI investor, can I modify the application by reducing the lot size or price?</a></li></ul>\n\n</div></div>","seo":{"title":"How do I modify or cancel my IPO application? - PhonePe Invest Support","metaDesc":"","canonical":"/home/trading-investment/ipo/applying-for-ipo/can-i-cancel-or-modify-bids-for-an-ipo/","metaRobotsNoindex":"index","metaRobotsNofollow":"follow","opengraphTitle":"How do I modify or cancel my IPO application? - PhonePe Invest Support","opengraphDescription":"In the IPO section on your app or web, select the relevant IPO you’ve applied for. You can then tap the Bid Details dropdown and tap Modify or Cancel to modify or cancel your application Important:  Only bids upto ₹2 lakhs can be cancelled or modified before IPO the bid window closes. 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