This is regarding the NSE circular Ref No.  NSE/IPO/53197 dated August 03, 2022, notifying the process for UPI-based bids related to the application in equity public issues.   

As per the circular, the cut-off time for acceptance of the UPI mandate shall be up to 5.00 PM on IPO closure days.

Given the above, we request users to place their bids on a timely basis, allowing them sufficient time to authorize your UPI mandate before 5.00 PM on the IPO closure day.

The above changes are applicable to all the Equity Public Issues opening on or after September 01, 2022.