13.1. Ficpl| Link| Bookmark|
September 11, 2017 6:08:21 PM
Top Contributor (200+ Posts, 500+ Likes)
I think fair value should be around 60 Rs. It can reach to that level after listing.
13.2. Huzefa| Link| Bookmark|
September 12, 2017 9:44:30 AM
Top Contributor (300+ Posts, 200+ Likes)
There seems to be some prob posting new message hence posting my message as a reply. My query is I have account in ICICIDirect and I spoke to ICICI direct customer care and they said ICICIDirect will not have this IPO. In that case how to apply for this IPO?
Hi Huzefa, ICICI Direct does not participate in SME IPO and hence you will not be allowed to see buy or sell any SME shares through ICICIDirect. (be very clear with that) You can go go NSE site, SME IPO section click e-forms and download blank or printed form. If you have any other broker, talk to him and then apply.
13.4. Huzefa| Link| Bookmark|
September 12, 2017 1:45:37 PM
Top Contributor (300+ Posts, 200+ Likes)
Hi Sunder, Any idea if SBI ASBA allows SME IPO though ?
13.6. Huzefa| Link| Bookmark|
September 12, 2017 3:59:44 PM
Top Contributor (300+ Posts, 200+ Likes)
Hi Sunder, I doubt if I cannot sell the SME alloted shares from My deemat account with ICICI Direct. Are you sure bcos, ICICIDirect may not support applying to SME IPO but if i already have shares in my deemat account then I should be able to sell.
Huzefa, you are correct. Although you can not sell sme shares directly through icicidirct online, you can do it by calling them over the phone and telling them to place order on behalf of you.
However one thing to keep in mind is that there is still a gap of around 1-2 hours between the time of your call and actual order placement by icici direct on exchange(regarding SME stocks) which can have serious repercussions on your profit in a voltile market. so keep this in mind while placing an order for sme stock with icici direct
13.8. Huzefa| Link| Bookmark|
September 12, 2017 6:44:52 PM
Top Contributor (300+ Posts, 200+ Likes)
Thanks for your response snp. I am going to keep the stock(if allotted) for long term,minimum 3 years so it does not matter. And by that time it wont be a SME any more.
I''m new to SME and would like to know how one can sell the shares if alloted. Is it sold in lots or I can sell partial quantity and what are other implications to it.
i want to apply in this ipo. but i don''t have enough money to apply. so can i use my brothers sbi account to apply by using my demat account? plzz advice
Better options are available in mainline IPOs, why risk money in SME IPO. Market is also at all time high, I will be avoiding any SME IPO at this time.