How to withdraw an IPO bid on Zerodha

Tue, 12 May 2026 00:00:00 +0000

Withdrawing an IPO bid on Zerodha cancels your application and instructs the sponsor bank to release the UPI mandate lien. Withdrawal is permitted at any time while the bid window is open; once the window closes, bids are locked and cannot be withdrawn. This guide covers when and how to withdraw, and what happens to the mandate block after withdrawal.

For the bid modification procedure (which is an alternative to full withdrawal) see the modification guide . For a combined overview see the modify-or-withdraw guide . For the UPI ASBA mechanism see the wiki article.

Withdraw IPO Bid on WebNotes

How to withdraw an IPO bid on Zerodha