The blocked amount will remain unchanged if the updated mandate is not accepted after modifying the bid. Upon modifying the bid, a notification with the new mandate request is sent to the UPI app. To approve the mandate, click "Authorize," and the funds will be blocked according to the modified bid.

Example Scenario

Mr. P, with ₹60,000 in his bank account, initially applied for 2 lots of an IPO, with ₹20,000 blocked (₹10,000 per lot). After modifying the order to 3 lots, a new mandate for ₹30,000 is sent to the UPI app. Upon acceptance, only an additional ₹10,000 is blocked, not an extra ₹30,000.