gala,You are absolutely correct.When market is high some not so worthy companies and their promoters are out for blood of innocent investors.Better we should stay alert from not falling into their trap.
Guys, check its anchor list before applying. If anchor list would contains big name than you may apply with one lot only. Instead of putting entire money, you may take risk with 15K. And set your risk & sell on listing booking loss or profit. It will be totally matka. Either you will earn or loss.
ICICI direct not allowing to trade in SME stocks online,,,,,Some one tell me which are the other BAnks/FI/Brokerage institutions that are offering the online facility for trading of sme stocks
RKSV (now UPSTOX) provides trading facility in SME stocks. SBI used to provide trading facility via phone, but now they seems to be offering the same on their online platform as well. For applying IPO via ASBA, Union Bank of India Internet banking provides application facility for both BSE SME and NSE Emerge. SBI ASBA supports only BSE SME.