It is listing in SME series sm not trade to trade OK same day you can buy and sell but lot wise that is problem and it opens in market directly 9.15 am no preopen session.ok
Retail is 50% of issue Overall retail is 57 times So 1:57 is allotment ratio.
Circuit is possibility but who will be the buyers. Hni is 13 times only High subscription in large sme IPO (more than 5 to 10 crores) is deterrent to good listing and follow up.eg. agrophospate, maheshwari etc. Handsome listing gains and then follow up gains are there in smaller sme IPO where majority shares are cornered and then the game begins
Retail 52 times Total 32 times Almost 625 crores for sme IPO Effect of demonization Lots of money in bank account Lots of risk taker for short term returns