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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 |
---|---|---|---|---|---|
Brisk Technovision IPO | 544101 | 31-01-2024 | 156.00 | 175(12.18%) | 147.00(-5.77%) |
Varyaa Creations IPO | 544168 | 30-04-2024 | 150.00 | 285.00(90.00%) | 141.20(-5.87%) |
Emmforce Autotech IPO | 544166 | 30-04-2024 | 98.00 | 186.20(90.00%) | 220.10(124.59%) |
Shivam Chemicals IPO | 544165 | 30-04-2024 | 44.00 | 48.00(9.09%) | 49.97(13.57%) |
Euphoria Infotech India IPO | 544094 | 30-01-2024 | 100.00 | 190(90.00%) | 70.10(-29.90%) |
Lawsikho IPO | LAWSIKHO | 30-01-2024 | 140.00 | 310(121.43%) | 310.3(121.64%) |
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Konstelec Engineers IPO | KONSTELEC | 30-01-2024 | 70.00 | 210(200.00%) | 215.5(207.86%) |
Qualitek Labs IPO | 544091 | 29-01-2024 | 100.00 | 190(90.00%) | 154.00(54.00%) |
Omfurn India IPO | OMFURN | 28-03-2024 | 75.00 | 76.60(2.13%) | 73.4(-2.13%) |
Chatha Foods IPO | 544151 | 27-03-2024 | 56.00 | 73.00(30.36%) | 98.50(75.89%) |