FREE Account Opening + No Clearing Fees
Loading...

Biggest IPO Failures in India 2015

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 2015

Issuer Company Issue Type Listing Date Issue Size Subscribed Issue Price Listing Day Price Current Price 52 Week High 52 Week Low
SSPN Finance LtdSSPN Finance Ltd IPO detailSSPN Finance Ltd Share Price, Chart and TipsSMEMar 16, 2015Rs 1.50 CrRs 20.00Rs 14.40 (-28%)Rs 9.10 (Jan 04, 2024)Rs 4.31 (Nov 09, 2023)
Amsons Apparels LtdAmsons Apparels Ltd IPO detailSMEJan 06, 2015Rs 3.25 CrRs 10.00Rs 7.84 (-21.6%)
Coffee Day Enterprises LtdCoffee Day Enterprises Ltd IPO detailCoffee Day Enterprises Ltd Share Price, Chart and TipsMainlineNov 02, 2015Rs 1150.00 Cr1.82xRs 328.00Rs 270.15 (-17.64%)Rs 61.32 (-81.3%)Rs 74.25 (Feb 16, 2024)Rs 28.05 (Apr 03, 2023)
Pennar Engineered Building Systems LtdPennar Engineered Building Systems Ltd IPO detailMainlineSep 10, 2015Rs 156.19 Cr1.15xRs 178.00Rs 157.50 (-11.52%)
Power Mech Projects LtdPower Mech Projects Ltd IPO detailPower Mech Projects Ltd Share Price, Chart and TipsMainlineAug 26, 2015Rs 273.22 Cr38.12xRs 640.00Rs 585.75 (-8.48%)Rs 4,945.45 (672.73%)Rs 5,550.00 (Feb 07, 2024)Rs 2,420.00 (Apr 13, 2023)
Sri Krishna Constructions (India) LtdSri Krishna Constructions (India) Ltd IPO detailSri Krishna Constructions (India) Ltd Share Price, Chart and TipsSMEOct 01, 2015Rs 11.34 CrRs 45.00Rs 41.85 (-7%)Rs 5.20 (-88.44%)Rs 5.46 (Jun 13, 2022)Rs 4.55 (May 02, 2022)
Tejnaksh Healthcare LtdTejnaksh Healthcare Ltd IPO detailTejnaksh Healthcare Ltd Share Price, Chart and TipsSMEOct 27, 2015Rs 2.43 CrRs 80.00Rs 76.00 (-5%)Rs 24.32 (-69.6%)Rs 39.00 (May 16, 2023)Rs 22.91 (Apr 03, 2024)
P. B. Films LimitedP. B. Films Limited IPO detailP. B. Films Limited Share Price, Chart and TipsSMESep 22, 2015Rs 5.00 CrRs 10.00Rs 9.50 (-5%)
Yogya Enterprises LtdYogya Enterprises Ltd IPO detailYogya Enterprises Ltd Share Price, Chart and TipsSMEApr 15, 2015Rs 1.50 CrRs 15.00Rs 14.25 (-5%)Rs 18.21 (507%)Rs 18.95 (May 06, 2024)Rs 11.00 (Oct 26, 2023)
Ortel Communications LtdOrtel Communications Ltd IPO detailOrtel Communications Ltd Share Price, Chart and TipsMainlineMar 19, 2015Rs 66.11 Cr0.76xRs 181.00Rs 171.95 (-5%)Rs 1.62 (-99.1%)Rs 1.35 (Feb 19, 2024)Rs 0.75 (Jul 17, 2023)
PNC Infratech LimitedPNC Infratech Limited IPO detailPNC Infratech Limited Share Price, Chart and TipsMainlineMay 26, 2015Rs 488.44 Cr1.56xRs 378.00Rs 360.20 (-4.71%)Rs 439.95 (481.94%)Rs 474.95 (Mar 05, 2024)Rs 275.15 (Apr 20, 2023)
UFO Moviez LtdUFO Moviez Ltd IPO detailUFO Moviez Ltd Share Price, Chart and TipsMainlineMay 14, 2015Rs 600.00 Cr2.04xRs 625.00Rs 598.80 (-4.19%)Rs 139.05 (-77.75%)Rs 173.85 (Feb 02, 2024)Rs 62.45 (Apr 03, 2023)
Funny Software LtdFunny Software Ltd IPO detailFunny Software Ltd Share Price, Chart and TipsSMEJun 02, 2015Rs 4.59 CrRs 14.00Rs 13.50 (-3.57%)Rs 0.37 (-97.36%)
MEP Infrastructure Developers LtdMEP Infrastructure Developers Ltd IPO detailMEP Infrastructure Developers Ltd Share Price, Chart and TipsMainlineMay 06, 2015Rs 324.00 Cr1.11xRs 63.00Rs 60.95 (-3.25%)Rs 8.92 (-85.84%)Rs 22.25 (Feb 12, 2024)Rs 9.80 (Jul 10, 2023)
Shree Pushkar Chemicals and Fertilisers LtdShree Pushkar Chemicals and Fertilisers Ltd IPO detailShree Pushkar Chemicals and Fertilisers Ltd Share Price, Chart and TipsMainlineSep 10, 2015Rs 70.00 Cr1.34xRs 65.00Rs 63.00 (-3.08%)Rs 173.55 (167%)Rs 242.00 (Dec 27, 2023)Rs 146.65 (Apr 03, 2023)
Navigant Corporate Advisors LtdNavigant Corporate Advisors Ltd IPO detailNavigant Corporate Advisors Ltd Share Price, Chart and TipsSMEDec 18, 2015Rs 1.19 CrRs 14.00Rs 13.78 (-1.57%)Rs 44.48 (217.71%)Rs 47.15 (Feb 08, 2024)Rs 19.22 (Oct 16, 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.