Answer
Steps to Cancel/Delete IPO Bid in Dhan:
- Log in to the Dhan app or website.
- Go to the “Money” tab and select IPO (or “Market” tab on web).
- Open the “My Bids” section.
- Pick the IPO you want to cancel.
- Tap “Cancel Order”.
Important Notes:
- Mandate Status: You can’t cancel if the UPI mandate is approved.
- HNI Bids: Bids over ₹2 Lakhs can’t be cancelled.
Modification: You can change bid details instead of cancelling.