When will I receive the mandate request for an IPO bid I pre-applied for?

When you pre-apply for an IPO, the process is as follows:

1. Bid Start Date: Your pre-applied order will be placed on the exchange on the official bid start date.
2. Mandate Request: After the bid starts, you will receive the UPI mandate request within 24 hours on your UPI app. This mandate request is necessary to block funds for your IPO application.
3. Approval: You must approve this mandate in your UPI app to confirm your bid.

Make sure to check your UPI app regularly to ensure you don't miss the mandate request, as your IPO bid will only be valid once this mandate is approved.