Yes, IPO bids can be modified after placing an order. To do so, follow these steps:
 

1. Go to the "My Bids" section in the IPO section of the Lakshmishree platform.
    
2. Click on the IPO bid that you want to modify.
    
3. On the "Order Detail" page, select "Modify Your Bid."
    
4. Enter the new bid details as required and confirm the modification.
    

If you have already approved your UPI mandate request for the original bid and then modify the order, the entire IPO bid amount may be blocked again in addition to the original amount. You will receive a new UPI mandate request, which must be accepted for the updated bid to be processed. However, if you haven’t approved the original mandate request yet, no extra amount will be blocked for the original bid.