FREE Account Opening + No Clearing Fees
Loading...

Biggest IPO Failures in India 2013

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 2013

Issuer Company Issue Type Listing Date Issue Size Subscribed Issue Price Listing Day Price Current Price 52 Week High 52 Week Low
Alacrity Securities LtdAlacrity Securities Ltd IPO detailAlacrity Securities Ltd Share Price, Chart and TipsSMEAug 14, 2013Rs 9.00 CrRs 15.00Rs 12.05 (-19.67%)Rs 87.02 (480.13%)Rs 87.03 (May 03, 2024)Rs 2.90 (Sep 29, 2016)
MITCON Consultancy & Engineering Services LtdMITCON Consultancy & Engineering Services Ltd IPO detailMITCON Consultancy & Engineering Services Ltd Share Price, Chart and TipsSMENov 01, 2013Rs 25.01 CrRs 61.00Rs 51.10 (-16.23%)Rs 124.55 (104.18%)Rs 161.15 (Feb 01, 2024)Rs 63.05 (Apr 03, 2023)
Onesource Techmedia LtdOnesource Techmedia Ltd IPO detailOnesource Techmedia Ltd Share Price, Chart and TipsSMEJun 05, 2013Rs 2.80 CrRs 14.00Rs 12.40 (-11.43%)Rs 13.66 (Nov 07, 2023)Rs 6.22 (May 24, 2023)
Silverpoint Infratech LtdSilverpoint Infratech Ltd IPO detailSilverpoint Infratech Ltd Share Price, Chart and TipsSMEAug 28, 2013Rs 12.00 CrRs 15.00Rs 13.60 (-9.33%)Rs 30.09 (100.6%)Rs 34.00 (Apr 08, 2024)Rs 12.00 (Aug 23, 2023)
Tentiwal Wire Products LtdTentiwal Wire Products Ltd IPO detailSMEDec 31, 2013Rs 2.12 CrRs 13.00Rs 11.90 (-8.46%)
Repco Home Finance LtdRepco Home Finance Ltd IPO detailRepco Home Finance Ltd Share Price, Chart and TipsMainlineApr 01, 2013Rs 270.39 Cr1.65xRs 172.00Rs 160.85 (-6.48%)Rs 517.75 (201.02%)Rs 492.90 (Feb 19, 2024)Rs 179.90 (Apr 05, 2023)
VKJ Infradevelopers LtdVKJ Infradevelopers Ltd IPO detailVKJ Infradevelopers Ltd Share Price, Chart and TipsSMEAug 30, 2013Rs 12.75 CrRs 25.00Rs 23.80 (-4.8%)Rs 0.40 (-84%)Rs 0.60 (Feb 12, 2024)Rs 0.27 (Jul 03, 2023)
Stellar Capital Services LtdStellar Capital Services Ltd IPO detailStellar Capital Services Ltd Share Price, Chart and TipsSMENov 01, 2013Rs 9.00 CrRs 20.00Rs 19.10 (-4.5%)Rs 5.45 (-72.75%)Rs 6.95 (Jan 10, 2024)Rs 3.38 (Aug 02, 2023)
V-Mart Retail LtdV-Mart Retail Ltd IPO detailV-Mart Retail Ltd Share Price, Chart and TipsMainlineFeb 20, 2013Rs 94.42 Cr1.2xRs 210.00Rs 205.25 (-2.26%)Rs 2,187.20 (941.52%)Rs 2,444.95 (Aug 11, 2023)Rs 1,595.00 (Oct 30, 2023)
Opal Luxury Time Products LtdOpal Luxury Time Products Ltd IPO detailOpal Luxury Time Products Ltd Share Price, Chart and TipsSMEApr 12, 2013Rs 13.00 CrRs 130.00Rs 128.00 (-1.54%)
  • 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.