Applying for IPOs
Why am I not able to cancel my SME IPO Order?
As per the latest SEBI regulations for SME IPOs, cancellations or withdrawals of orders are not allowed once the order is placed.
Additionally, customers has to place an order for a minimum of 2 lots with minimum investment exceeding 2 lakhs. While cancellation/downward modification is not allowed, you are allowed to revise/modify it upwards (i.e., increase quantity/amount)