I recently came across few SME IPO which looks very promising but before applying I wanted to understand what are the risks of applying for the same.
I understand the lot size is normally over a lakh in case of SME
Also how to sell those in lots only?
SME companies are relatively unknown, making them a risky investment. Also, the liquidity in secondary market is lower for these stocks too.
Yes, the stocks in SME segment are traded in lots on the stock exchanges. You can learn more here: What does the SM or M symbol beside a stock mean?