Bad listing against expected positive listing. Actually GMP was going down and down after the closure of the issue.
Not expected from Gujarat company to list in negative and there after lower circuit. Specially small investors applying for listing gain have suffered a sat back. Generally in SMEs small investors apply for listing gains only.
I had also applied and thank God for not giving me my first ever allotment.
@PLAZA You had wished me for a good allotment in future and also advised not to apply in everage SMEs. You are absolutely correct. Thank you friend.