• Home
  • Advertising
  • Digital Media
  • Marketing
    • Marketing
    • Automobile
    • Food
    • Health & Medicine
    • Lifestyle
    • Technology
    • Telecom
    • Travel
  • What’s Buzzing
    • What’s Buzzing
    • Startup
    • Campaigns
    • Editorial Opinions
    • Events & Entertainment
    • Video
Log In
  • About
  • Contact
  • Terms
  • Privacy Policy

Contact Us

  • Home
  • Advertising
  • Digital Media
  • Marketing
    • Automobile
    • Food
    • Health & Medicine
    • Lifestyle
    • Technology
    • Telecom
    • Travel
  • What’s Buzzing
    • Startup
    • Campaigns
    • Editorial Opinions
    • Events & Entertainment
    • Video

These Indian IPOs Witnessed A Sharp Fall On Listing Day

  • November 20, 2021
  • Rinie Wilson
  • Posted in Finance

Since the onset of the pandemic, Indians have been very interested and intrigued with the share market. People have been researching and investing in the stock market. This has given a boost to many companies to go public and launch their IPOs in the past year alone.

While many of these IPOs have been promising, some have not had a fortunate start. Paytm, the fintech giant that recently launched its IPO, disappointed the investors after it made a weak market debut on Thursday with stock crashing 20 per cent.

The stock opened at Rs 1,950 on the National Stock Exchange and the listing price on the Bombay Stock Exchange was Rs 1,955, against the issue price of Rs 2,150.

However, Paytm may not be the only company to have a substandard opening on its IPO launch day. Here are the companies that witnessed a fall on its opening day.

Bajaj Consumer

List Date: 18 Aug’10

Listing Price: 730

Closing Price: 151.65

Change Post Listing: -77.02%

IEX

List Date: 23 Oct’17

Listing Price: 1500

Closing Price: 162.65

Change Post Listing: -90.14%

Gravita India

List Date: 16 Nov’10

Listing Price: 218.75

Closing Price: 42.08

Change Post Listing: -66.34%

IRCTC

List Date: 14 Nov’19

Listing Price: 644

Closing Price: 145.72

Change Post Listing: -54.46%

PC Jeweller

Also Read: Top 10 IPOs Held In Indian History

List Date: 27 Dec’12

Listing Price: 137

Closing Price: 74.50

Change Post Listing: -44.81%

ICICI Securities

List Date:05 Apr’18

Listing Price: 435

Closing Price: 444.90

Change Post Listing: -14.44%

Coffee Day

List Date: 12 Nov’15

Listing Price: 313

Closing Price: 270.15

Change Post Listing: -17.64%

Kalyan Jewellers

List Date: 26 Mar’21

Listing Price: 73.90

Closing Price: 75.30

Change Post Listing: -13.45%

Related Posts

comments
Finance

Don’t Know What Is Mutual Fund? Here’s A Life Saving Guide For You

comments
FinanceWhat’s Buzzing

Saudi Arabian Energy Giant Aramco Surpasses Apple To Become Most Valuable Company In The World

comments
Finance

What Is Buy Now Pay Later & Is It A Good Idea?

comments
Finance

Top 5 User-Friendly Instant Cash Loan Apps In India

Comments

Do not miss

comments
Finance

Don’t Know What Is Mutual Fund? Here’s A Life Saving Guide For You


Facebook

Marketing Mind

Follow Us

Help

    About
    Contact
    Terms
    Privacy Policy
Copyright © 2019 RVCJ Digital Media Pvt Ltd
Contact Us

    Fill the form or you can send us an email on [email protected]

    Got a hot tip? Send it to us!

      Your Name (required)

      Your Email (required)

      Video URL

      Attach Video

      Your Message