Answer
To cancel an IPO application in the Sahi app before the closing, follow these steps:
- Open the Sahi App and log in.
- Go to the IPO section and locate the “Applied” tab.
- Select the active IPO application you wish to cancel.
- Click on the “Cancel Order” button.
- Make sure to revoke or cancel the UPI mandate in your UPI app if required.
Points to remember:
- HNI IPO applications exceeding ₹2 lakh are typically non-cancellable.
The funds blocked in your bank account will be released.