Biker said:
(1) What is the minimum lot to apply for SME IPOs for retail and HNI categories?
Each company has a different lot size. The lot size mainly depend on the issue price. 1 lot cost around Rs 1.5 lakhs. Also note that once you get the allotment, you can trade only in this lot size. I.e. if a lot size is 5000 shares, you can trade 5000 shares at once. You cannot sell/buy any lessor shares then this.'
So during IPO there is not difference between HNI and retail lot size/subscription/category? Just like we have more than 2 lakhs for HNI and less than it for retail in mainstream IPOs?
Biker said:
(2) What is the minimum no. of shares/lot to buy/sell of SME companies in secondary market?
It varies by company to company. Shares are traded only in lots. If you place an order which is not in the multiple of lot size, your orders get rejected.
So in NEST trader what do i enter? Lot size or no. of shares? How do I find the no. of shares in a lot for any particular company?
Biker said:
Were can I see the list of SME stocks listed/being traded in NSE Emerge and BSE SME?
On NSE and BSE. Its like any other shares listed on these exchange.
No I mean under which group in nse/bse are those shares traded/listed.
Thanks for your kind clarification...