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10 Worst IPOs of 2024

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Whether an IPO debuts at a profit or loss on listing depends on how well investors receive it. IPOs with strong investor buying interest are usually listed at a premium, while IPOs with low investor demand may be listed at a loss. This report contains the 10 worst-performing or least successful IPOs of 2024 which were listed at a loss or listed at a very marginal gain.

Below are the 10 biggest IPO losers of 2024 with listing day losses. The IPOs of these companies were listed at a price below the offer price.

10 worst-performing IPOs 2024 with loss on listing

IPO symbol Listing Date IPO Price Listing Gain LTP
Vibhor Steel Tubes IPOVSTL,54412420-02-2024151.00425(181.46%)290.75(92.55%)
VI IPOIDEA,53282225-04-202411.0012.00(9.09%)13.2(20.00%)
SRM Contractors IPOSRM,54415803-04-2024210.00215.25(2.50%)199.15(-5.17%)
Rashi Peripherals IPORPTECH,54411914-02-2024311.00339.50(9.16%)354(13.83%)
R K SWAMY IPORKSWAMY,54413612-03-2024288.00250(-13.19%)275.75(-4.25%)
Popular Vehicles & Services IPOPVSL,54414419-03-2024295.00289.20(-1.97%)232.65(-21.14%)

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Platinum Industries IPOPLATIND,54413405-03-2024171.00225(31.58%)221.75(29.68%)
Nova Agri Tech IPONOVAAGRI,54410031-01-202441.0055(34.15%)51.7(26.10%)
Mukka Proteins IPOMUKKA,54413507-03-202428.0040(42.86%)36.4(30.00%)
Medi Assist Healthcare IPOMEDIASSIST,54408823-01-2024418.00460(10.05%)506.8(21.24%)

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