After listing of this issue on SME platform how and where to view its listing price and price movements thereafter. I have not invested in any of the previous SME issues for want of transperancy of quotations in the stock markets. My broker says first apply and about selling I will let u know how to sell it ? Can some one throw some light on this ?
24.1. CLD| Link| Bookmark|
September 21, 2014 9:17:56 PM
Top Contributor (500+ Posts, 100+ Likes)
SME issues/stocks are petty stocks as such carry highest risks. You have also to pay very high subscription for minimum lot. There is no book building in them & are mostly fixed priced issues. All wise retail investors avoid such issues. However if any investor has got allotment in SME stock, then his broker will be able to tell the stock price at any given time that too after inquiring from other sources. These are highly illiquid ( Not easily salable) stocks as such only high skilled investors go for it. For ordinary retail investor it is definitely a no no
Hi I have ICICI Direct account and I am unable to see these SME IPOs, Can you help me how to apply for these IPOs. If ICICI is not the one from which we can apply, please let me know how to apply for these sme ipos...
How can I apply to this IPO from ICICI Direct Trading Account..? This is SME IPO. Do SME IPO can applied similar to IPO..? I am not able to see Ultracab India in IPO section of ICICI Direct..? Suggestion Please..?
Please let me know how to apply in this IPO? Who are the brokers etc? Where to bid for the applications? What will be the basis of allotment? Minimum 1600 shares will be allotted? How to sell the shares if allotted?
Gud ipo for long term gud valuation with secured business model wwith demand constraint business. Bo gmp kostak yet but lot size is high need investment of 144000 should buy for long term.....cn apply through asba just as normal ipo... I hope it to trade aroind 100 on listin