Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Can an IPO stock fall below its issue price despite delivering a strong listing-day performance?

Yes. Short-term enthusiasm may drive the price up initially, but later factors such as profit-booking, weak financial results, negative news and poor market sentiment can push the price below the IPO price.