It is most unfortunate that, though some SME IPOs are very good & investing is profitable but, the most popular broker ZERODHA allows only NSE SME IPO through UPI trading. That means, if an investor has online SBI A/C, he can''t apply for SME IPO. Moreover, though some BSE SME IPO like MARKOSLINE is very good a person can''t go for it through Zerodha. Apart from this, some popular brokerage firms like Motilal Oswasl, Shriram Insight etc. don''t allow SME IPO trading. So, what should we do? All comments are welcome.
Cant blame SEBI, they are not involved in SME listing process. You can accuse exchanges but they have to run their business. Also its one''s own choice to apply in any SME IPOs. No one is forcing anyone.
Good or bad. Few will have money left after applying in other IPOs. Will be avoided by default. Now I know the importance of time-value of money. A money cant exist at two place at a time (leave derivatives out of it) unless we discover fourth dimension.