Worst IPO’s: Investors of these IPOs became poor, these 8 names including LIC are included, the price is down up to 70 percent

Worst IPO’s: Investors of these IPOs became poor, these 8 names including LIC are included, the price is down up to 70 percent

The domestic stock market is on the way to make records these days. During the last 3-4 weeks, BSE Sensex and NSE Nifty have made new all time highs several times. Along with this, enthusiasm has also returned in the IPO market and the listed issues are also performing well. However, there are still many IPOs, whose investors are at a loss even after months of listing.

Recent IPOs have been great

In the recent past, now The issue of Yatharth Hospital has been closed today itself, which has received a good response. Prior to that, Netweb Technologies was listed at a premium of 90 per cent. Shares of Idea Forge Technology and Utkarsh Small Finance Bank also got listed in the market with a premium of more than 50 per cent each after the IPO.

LIC still in losses

Business A report in Today states that there are at least 8 such IPOs, whose listing has taken place since January 2022, and their prices have still not crossed the issue price. The biggest name in this is that of the government insurance company LIC. Its issue price was Rs 949 and it was listed at a loss of Rs 867.20. Now it is around 630 rupees. In this way, even after more than a year has passed, LIC investors are at a loss of about 33 per cent. It was listed in the stock market in May 2022.

Most losses to this IPO

Like LIC, Delhivery is running at a loss of about 17 percent. This share, which will be listed in May 2022, is currently trading around Rs 400 as against the issue price of Rs 487. Among the biggest losers are investors in AGS Transact Technologies, which is currently down nearly 70 per cent from its January 2022 listing price.

Both of these are also below the issue price

< p>Uma Exports and Uday Shivkumar Infra, which will be listed in April 2022, are currently at a loss of 16 per cent and 15 per cent, respectively, compared to the listing price. At the same time, the shares of Allin Electronics are running at a loss of about 40 percent from the listing price and the shares of Dharmaj Corp Guard are running at a loss of about 28 percent. Both these shares were listed in December last year.

Disclaimer: The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.

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