IPO Bid Cancellation

I have applied for electronics mart ipo, accepted the ipo mandate and later cancelled the ipo application.
When will the mandate be revoked ?
It has been more than 3 hours still the mandate is not revoked yet.

Hi Ravi

Request you to please connect with Dhan Customer Support on help@dhan.co and team from @Dhan_Help will be able to resolve this.

1 Like

Issue is resolved
Thank You @PravinJ @Dhan_Help

Facing the same issue, I approved the UPI mandate for ipo but after 2 hours or so I changed my mind and cancelled the application through dhan app and the funds haven’t been unlocked yet

Hi @Neeru Funds blocking or unblocking is done by the RTA via Exchange. Dhan collects your request and sends it to the exchance. Safe side, would suggest also connect with your bank and ask them to unblock or cancel this mandate.