MANY MAINLINE IPO APPLICANTS ARE DIVERTING TOWARDS SME IPO. BEWARE IN SME IPO, YOU MUST BE READY TO BOOK LOSS ALSO, ITS HIGH RISK HIGH LOSS/RETURN GAME.
Allotment will be on 15th November (Wednesday), Amount unblock next day on16th November and listing will be on 20th November (Monday) 20% UC is much expected ,best of luck all friend who hve applied for this..????
As I said this is weak fundamental stock. There''s no interest from QIB and HNI are very little. Retail is going overboard because of GMP, subject to and too much advertisement in social media, just for listing gain. Mark my words, there will be no buyers on listing day on premium. It will give huge loss.