Do people here invest in SME IPO? Can someone tell me the pros and cons

Hi, I want to understand if people here invest in SME IPO, if YES then WHY? and if NO then WHY?
Please tell me the pros and cons and who should invest in such IPOS

I’ll be considered an outcast for saying this in the current mad bull :ox: run

These are like potential penny stocks bulked up with steroids of illiquidity

Do note, I’m saying in a rather realistic tone that they are more potential penny stocks than multi baggers.

Only those who either know the company personally by researching and meeting them or those who are ok to lose money premium paid (aka option buyers) should invest in these companies.

Technical analysis, charts, fundamentals atleast work in F&O trading sometimes. Here they won’t matter much

It’s like giving money to that friend who will make us drink rivers to give our money back and the worst thing is we don’t even know where the money goes in this case :relieved:

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Finshots did a tweet thread on SME IPOs just today :slight_smile:

This is a nice topic. Thanks for the post @varun_10

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Thanks for sharing the tweet, understood a lot of things from it about SME, seems more risk then reward