The cut-off time for UPI mandate acceptance is 5:00 PM on 13 Apr 2026 (last day of bidding). Bids with confirmed mandate amount blocked status (RC100) shall be considered valid applications. Investors are strongly advised to submit UPI applications well in advance to avoid last-minute technical or systemic constraints.
SEBI Circular — SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 2019
Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism for a period of six months, and thereafter forward the same to the issuer/Registrar to Issue. In case of electronic forms, printouts need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years.
Bid Modification Notice
The dedicated window for bid modification on T+1 day (T being last day of bidding) is no longer available. Modification of selected fields (DP ID/Client ID, PAN ID, Bank Code, Location Code) shall only be permitted during the active bidding period of the IPO.
