Free Account Opening + AMC Free Demat
Loading...

Biggest Mainline IPO Failures in India 2024

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 Mainline IPO Flops 2024

Issuer Company Issue Type Listing Date Issue Size Subscribed Issue Price Listing Day Price Current Price 52 Week High 52 Week Low
Deepak Builders & Engineers India LimitedDeepak Builders & Engineers India Limited IPO detailDeepak Builders & Engineers India Limited Share Price, Chart and TipsMainlineOct 28, 2024Rs 260.04 Cr41.54xRs 203.00Rs 161.90 (-20.25%)Rs 154.40 (-23.94%)Rs 155.25 (Oct 28, 2024)Rs 160.15 (Oct 29, 2024)
JG Chemicals LimitedJG Chemicals Limited IPO detailJG Chemicals Limited Share Price, Chart and TipsMainlineMar 13, 2024Rs 251.19 Cr28.52xRs 221.00Rs 184.65 (-16.45%)Rs 349.65 (58.21%)Rs 464.00 (Sep 17, 2024)Rs 171.35 (Mar 28, 2024)
Jana Small Finance Bank LimitedJana Small Finance Bank Limited IPO detailJana Small Finance Bank Limited Share Price, Chart and TipsMainlineFeb 14, 2024Rs 570.00 Cr19.89xRs 414.00Rs 368.20 (-11.06%)Rs 435.45 (5.18%)Rs 760.90 (Jun 19, 2024)Rs 365.00 (Feb 14, 2024)
Gopal Snacks LimitedGopal Snacks Limited IPO detailGopal Snacks Limited Share Price, Chart and TipsMainlineMar 14, 2024Rs 650.00 Cr9.5xRs 401.00Rs 360.05 (-10.21%)Rs 504.25 (25.75%)Rs 487.00 (Oct 18, 2024)Rs 301.05 (Jun 04, 2024)
EPACK Durable LimitedEPACK Durable Limited IPO detailEPACK Durable Limited Share Price, Chart and TipsMainlineJan 30, 2024Rs 640.05 Cr16.79xRs 230.00Rs 207.70 (-9.7%)Rs 474.30 (106.22%)Rs 434.10 (Oct 03, 2024)Rs 150.60 (Mar 28, 2024)
Entero Healthcare Solutions LimitedEntero Healthcare Solutions Limited IPO detailEntero Healthcare Solutions Limited Share Price, Chart and TipsMainlineFeb 16, 2024Rs 1600.00 Cr1.53xRs 1,258.00Rs 1,149.50 (-8.62%)Rs 1,387.70 (10.31%)Rs 1,510.90 (Sep 11, 2024)Rs 970.00 (Mar 28, 2024)
R K SWAMY LimitedR K SWAMY Limited IPO detailR K SWAMY Limited Share Price, Chart and TipsMainlineMar 12, 2024Rs 423.56 Cr25.78xRs 288.00Rs 263.25 (-8.59%)Rs 232.40 (-19.31%)Rs 320.70 (Aug 08, 2024)Rs 221.62 (Oct 08, 2024)
Western Carriers (India) LimitedWestern Carriers (India) Limited IPO detailWestern Carriers (India) Limited Share Price, Chart and TipsMainlineSep 24, 2024Rs 492.88 Cr31.69xRs 172.00Rs 159.45 (-7.3%)Rs 127.85 (-25.67%)Rs 177.00 (Sep 24, 2024)
Western Carriers (India) LimitedWestern Carriers (India) Limited IPO detailWestern Carriers (India) Limited Share Price, Chart and TipsMainlineSep 24, 2024Rs 492.88 Cr31.69xRs 172.00Rs 159.45 (-7.3%)Rs 127.85 (-25.67%)Rs 164.05 (Sep 24, 2024)
Capital Small Finance Bank LimitedCapital Small Finance Bank Limited IPO detailCapital Small Finance Bank Limited Share Price, Chart and TipsMainlineFeb 14, 2024Rs 523.07 Cr4.17xRs 468.00Rs 434.30 (-7.2%)Rs 296.60 (-36.62%)Rs 469.00 (Feb 15, 2024)Rs 288.05 (Oct 08, 2024)
Hyundai Motor India LimitedHyundai Motor India Limited IPO detailHyundai Motor India Limited Share Price, Chart and TipsMainlineOct 22, 2024Rs 27870.16 Cr2.37xRs 1,960.00Rs 1,820.40 (-7.12%)Rs 1,828.85 (-6.69%)Rs 1,970.00 (Oct 22, 2024)Rs 1,807.00 (Oct 22, 2024)
Popular Vehicles & Services LimitedPopular Vehicles & Services Limited IPO detailPopular Vehicles & Services Limited Share Price, Chart and TipsMainlineMar 19, 2024Rs 601.55 Cr1.25xRs 295.00Rs 276.25 (-6.36%)Rs 167.10 (-43.36%)Rs 296.55 (Mar 21, 2024)Rs 181.50 (Oct 22, 2024)
Ceigall India LimitedCeigall India Limited IPO detailCeigall India Limited Share Price, Chart and TipsMainlineAug 08, 2024Rs 1252.66 Cr14.01xRs 401.00Rs 386.05 (-3.73%)Rs 344.90 (-13.99%)Rs 424.80 (Aug 08, 2024)Rs 365.00 (Oct 22, 2024)
Godavari Biorefineries LimitedGodavari Biorefineries Limited IPO detailGodavari Biorefineries Limited Share Price, Chart and TipsMainlineOct 30, 2024Rs 554.75 Cr1.87xRs 352.00Rs 342.85 (-2.6%)Rs 348.15 (-1.09%)Rs 359.05 (Oct 31, 2024)Rs 308.05 (Oct 30, 2024)
Krystal Integrated Services LimitedKrystal Integrated Services Limited IPO detailKrystal Integrated Services Limited Share Price, Chart and TipsMainlineMar 21, 2024Rs 300.13 Cr13.49xRs 715.00Rs 712.30 (-0.38%)Rs 692.95 (-3.08%)Rs 1,021.95 (Apr 12, 2024)Rs 627.95 (Jun 04, 2024)
  • 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.