Instead of applying sme ipo, buy good quality stock which are available at very low price or discount price, it give sure returns than this sme ipo.
All good sme ipo are washing investors money. Now almost mid cap stock available at better valuation hence give confirm better returns instead of negative return in sme ipo or stocks.
Avoid sme ipo in such high volatile market for small and micro cap companies from big LOSSES.
When there are no takers for gems like Jhandewalas even at dirt cheap rates, it is really time to stop and re-evaluate whether entering in SME IPO makes sense. The climate will be more clear after the budget and/or a reasonable correction across the board.