Can I modify or cancel HNI applications?

HNI applications can only be modified to increase the bid amount, per SEBI regulations. You cannot:

  • Reduce the application amount

  • Cancel the application

  • Decrease bid quantity or price

Example: A ₹3 lakh application can be increased to ₹4 lakh, but cannot be reduced to ₹2.5 lakh, and cannot be cancelled