Can individual investors apply for SME IPO?

Yes, individual investors can apply for SME IPOs via the RII quota. 35% of the total issue is reserved for retail investors. SME IPOs can be a good investment opportunity because they:

• Diversify portfolios
• Gain access to promising sectors
• Can potentially generate significant profits.

However, SME IPOs are risky and require a higher minimum application amount of Rs 100000, unlike mainboard IPOs.