FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Every year, many small and medium-sized companies go public. Some of them receive a good response from investors and are listed on the stock exchange at a profit, while others receive a muted response from investors, as a result, their shares may be listed at a price lower than the IPO offer price. The report provides a list of the 10 worst-performing SME IPOs in India – 2024, as measured by listing day losses.
The shares of these SMEs either listed at a discount to the IPO offer price or listed at a very marginal profit. SME shares may list at a loss for many reasons including poor growth prospectus, poor financial performance, negative market sentiment, etc.
The report includes a list of the top 10 SME IPO losers of 2024 that were listed with losses on the SME exchange.
IPO | symbol | Listing Date | IPO Price | Listing Gain | LTP |
---|---|---|---|---|---|
Emmforce Autotech IPO | 544166 | 30-04-2024 | 98.00 | 186.20(90.00%) | 220.10(124.59%) |
Enfuse Solutions IPO | ENFUSE | 22-03-2024 | 96.00 | 115.00(19.79%) | 119.55(24.53%) |
Sadhav Shipping IPO | SADHAV | 01-03-2024 | 95.00 | 135(42.11%) | 220.7(132.32%) |
Piotex Industries IPO | 544178 | 17-05-2024 | 94.00 | 109.00(15.96%) | -(-100.00%) |
TGIF Agribusiness IPO | 544175 | 15-05-2024 | 93.00 | 150.00(61.29%) | 135.38(45.57%) |
AIK Pipes And Polymers IPO | 544072 | 02-01-2024 | 89.00 | 100(12.36%) | 129.40(45.39%) |
Zerodha Trade@20Want to start your investment journey, join India’s Pioneer Discount Broker – ZERODHA – Free Delivery Trade, Maximum Rs 20 for F&O and Intraday, Free Direct Mutual Fund investment.Open Zerodha Account | |||||
Naman In-Store (India) IPO | NAMAN | 02-04-2024 | 89.00 | 125.00(40.45%) | 120.55(35.45%) |
Owais Metal and Mineral Processing IPO | OWAIS | 04-03-2024 | 87.00 | 250.00(187.36%) | 1087.55(1150.06%) |
Vishwas Agri Seeds IPO | VISHWAS | 01-04-2024 | 86.00 | 85.00(-1.16%) | 87.1(1.28%) |
Creative Graphics Solutions India IPO | CGRAPHICS | 09-04-2024 | 85.00 | 175.00(105.88%) | 235.55(177.12%) |