On Dhan App : Money > IPO > My Bids > Click on IPO for which you want to Delete/Cancel > Select "Modify your Bid for this IPO" > Click on Cancel and "Confirm" to proceed, your bid will be cancelled.
On web.dhan.co > IPOs > My IPOs Bids > Click on IPO for which you want to Delete/Cancel > Select "Modify your Bid for this IPO" > Click on Cancel and "Confirm" to proceed, your bid will be cancelled.
Note: HNI/SME bids exceeding ₹2 lakh cannot be deleted or cancelled. However, you can modify to increase the bid.
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