How do I modify an IPO mandate that I have authorised using PhonePe?
To modify an IPO mandate that you’ve authorised using PhonePe:
- Log into the broker’s website through which you placed the bid initially.
- Make necessary changes to the bid price.
- After you make the changes, you will receive a new authorisation request on your PhonePe app.
- Enter your UPI PIN to authorise this request.
- Once your authorisation is successful, your bid will be modified.
Note: You can modify an IPO mandate between 10:00 a.m. and 5:00 p.m. only during the bid offer period.
Learn more about how you can cancel or revoke an IPO mandate that you’ve authorised using PhonePe.