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Biggest IPO Failures in India 2012

The performance of an IPO is measured based on its price movements on the listing day. When the closing price of the IPO on the listing day is below the issue price, the IPO is said to have flopped.

The listing day is viewed as an important day for many investors who wish to make quick profits by selling the IPO shares on that day. The real demand and value of the share gets assessed on the listing day when the share becomes accessible to all who missed to buy the IPO shares or did not get an allotment.

An IPO can fail on account of many factors that may include issue with company fundamentals, management, wrong timing, incorrect valuation, lack of planning, etc. Thus, an investor should assess the company well before investing the hard earned money.

Biggest IPO Flops 2012

Issuer Company Issue Type Listing Date Issue Size Subscribed Issue Price Listing Day Price Current Price 52 Week High 52 Week Low
Bharti Infratel LimitedBharti Infratel Limited IPO detailBharti Infratel Limited Share Price, Chart and TipsMainlineDec 28, 2012Rs 4155.80 Cr1.3xRs 220.00Rs 191.20 (-13.09%)Rs 350.75 (59.43%)Rs 319.50 (Apr 01, 2024)Rs 135.80 (Apr 20, 2023)
National Buildings Construction Corporation LtdNational Buildings Construction Corporation Ltd IPO detailNational Buildings Construction Corporation Ltd Share Price, Chart and TipsMainlineApr 12, 2012Rs 127.20 Cr4.93xRs 106.00Rs 97.05 (-8.44%)Rs 138.70 (1208.49%)Rs 176.85 (Feb 05, 2024)Rs 35.30 (Apr 03, 2023)
Tribhovandas Bhimji Zaveri LtdTribhovandas Bhimji Zaveri Ltd IPO detailTribhovandas Bhimji Zaveri Ltd Share Price, Chart and TipsMainlineMay 09, 2012Rs 200.00 Cr1.15xRs 120.00Rs 111.20 (-7.33%)Rs 122.35 (1.96%)Rs 144.95 (Dec 21, 2023)Rs 60.90 (Apr 03, 2023)
Olympic Cards LtdOlympic Cards Ltd IPO detailOlympic Cards Ltd Share Price, Chart and TipsMainlineMar 28, 2012Rs 25.00 Cr0.99xRs 30.00Rs 28.50 (-5%)Rs 3.19 (-89.37%)Rs 5.08 (Jan 24, 2024)Rs 2.36 (Aug 07, 2023)
  • The above list represents data from 2007 till date.
  • The current market price may not be a true reflection of the IPO performance as of today as it is includes the effect of price change on account of corporate actions like stock split, bonus (if any) till date.