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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
SRM Contractors IPOSRM,54415803-04-2024210.00215.25(2.50%)176.8(-15.81%)
Exicom Tele-Systems IPOEXICOM,54413305-03-2024142.00265(86.62%)277.9(95.70%)
Platinum Industries IPOPLATIND,54413405-03-2024171.00225(31.58%)214.55(25.47%)
BLS E-Services IPOBLSE,54410706-02-2024135.00305.00(125.93%)281.45(108.48%)
Mukka Proteins IPOMUKKA,54413507-03-202428.0040(42.86%)34.9(24.64%)
Apeejay Surrendra Park IPOPARKHOTELS,54411112-02-2024155.00186(20.00%)175.85(13.45%)

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Bharat Highways InvIT IPOBHINVIT,54413712-03-2024100.00101.10(1.10%)105.68(5.68%)
R K SWAMY IPORKSWAMY,54413612-03-2024288.00250(-13.19%)265(-7.99%)
Bharti Hexacom IPOBHARTIHEXA,54416212-04-2024570.00755.00(32.46%)941.6(65.19%)
JG Chemicals IPOJGCHEM,54413813-03-2024221.00209(-5.43%)242.25(9.62%)

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