@abc xyz I echo with you 100% . This may list on premium but SME IPO of 20Cr without QIP is big risk.
Just HNI & RII, will sell post listing.. so Aatmaj eposode may get repeated ...
risk mgmt is key. I am avoiding. Money saved is money gained. just for shake of allocation.. we should not burn our figure.
@XYZ Investor @abc xyz here is my criteria for applying SME IPO
MM portion at least 20-25%
QIP portion at least 25-30%
HNI & RII less than 50 %
So what will happen ..HNI/RII if start selling than also , selling pressure will not be there. This is my thumb rule..What you suggest sir!!!!
I learned it hard way after burining hand in aatmaj & ITCONS...