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I'm trying to place an order, but I’m getting the error “16328 : Quantity is not a multiple of regular lot” Why is this?

16328: Quantity is not a multiple of regular lot

Trading in SME series in NSE & BSE is allowed only in standard lot sizes. If the quantity entered is not the same as the standardized lot size, the order will get rejected & the above error will be displayed.

For more information about SME stocks, refer to this post.

The lot size can be found by searching that particular scrip on the NSE, BSE SME websites.