How do I modify an IPO mandate that I have authorised using PhonePe?

To modify an IPO mandate that you’ve authorised using PhonePe:

  1. Log into the broker’s website through which you placed the bid initially. 
  2. Make necessary changes to the bid price. 
  3. After you make the changes, you will receive a new authorisation request on your PhonePe app. 
  4. Enter your UPI PIN to authorise this request. 
  5. 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.