1. I have an account with ICICI Bank. It gives me the option to apply for SME IPOs. However, in the demat there is no option to buy/sell. So what happens after allotment? 2. Is it true that the SME IPOs need to be sold in lots only? e.g. - If I get allotment of 1 lot (say, 3000 shares), do I have to sell the full lot only or can sell in smaller quantities.
1. You have to contact ICICI direct technical team via customer care center, and ask them to put sell/buy order on your account. They will take the order and let you know once order goes through. 2. Buy/sell in multiples of 3000 only. For details, refer DRHP.
@MR. GALA, SIR APPLYING FOR THE FIRST TIME IN SME IPO & I HAVE SELECTED SUREVIN, SIR IS IT A SAFE PLAY. I WANT TO PLAY SAFE SO I AM SELECTING ONLY THOSE IPO''S WHICH ARE FAIRLY PRICED.
Total Mai koi risk nahi Hai ( nnly fr short term ) bt allotment nahi ..... Suverin accha Hai bt again no allotment Mai aapko suverin apply karne ki saallah dunga