To Modify IPO Bids:

·        Open the 5paisa Mobile App: Launch the 5paisa Mobile App on your smartphone or mobile device.

·        Navigate to the IPO Tab: Once the app is open, locate and tap on the "IPO" tab or option from the main menu. This will take you to the IPO section of the app.

·        Select Past Bids Tab: Within the IPO section, find and select the "Past Bids" tab. This tab will display a list of your previous IPO bids or applications.

·        Choose IPO to Modify: Scroll through the list of past bids and identify the IPO bid that you wish to modify. Tap on the specific IPO bid to select it.

·        Initiate Modification: After selecting the IPO bid, look for an option or button labelled "Modify" and tap on it. This will allow you to make changes to the details of your bid. 

·        Make Changes: Once you've initiated the modification process, you'll be presented with options to adjust various details of your bid, such as the quantity of shares or the bidding price. Make the necessary changes according to your preferences.

·        Confirm Modification: After making the desired changes, review the modified bid details carefully. If everything looks correct, proceed to confirm the modifications by tapping on a button labelled "Modify" or "Confirm."

·        Accept UPI Mandate: Depending on the platform's requirements, you may be prompted to accept a UPI mandate request to authorise the modified bid. Follow the on-screen instructions to complete this step, which may involve authentication via your UPI-enabled banking app.

To Cancel IPO Bids:

·        Open the 5paisa Mobile App: Launch the 5paisa Mobile App on your device as before.

·        Navigate to the IPO Section: Access the IPO section of the app by tapping on the "IPO" tab from the main menu.

·        Select Past Bids: Within the IPO section, choose the "Past Bids" tab to view your previous IPO bids.

·        Identify Bid to Cancel: Scroll through the list of past bids and locate the IPO bid that you want to cancel. Tap on this specific bid to select it.

·        Initiate Cancellation: Look for an option or button labelled "Cancel" and tap on it to initiate the cancellation process for the selected bid.

·        Confirm Cancellation: After initiating the cancellation, you may be asked to confirm to proceed. Confirm your decision to cancel the bid.

·        Release UPI Mandate: Upon successful cancellation of the IPO bid, the UPI mandate associated with the bid will be released. Note that the time it takes for the UPI mandate to be unblocked may vary depending on your bank.

By following these steps, you can efficiently modify or cancel your IPO bids using the 5paisa Mobile App, ensuring that your bids reflect your current preferences and requirements.