These IPO’s were listed during theJanuary March 2011 quarter
Name | Date of Listing | Issue Price | closing price | closing price | % gain loss | change over | Lifetime | Fall from | Fall as % from |
30th Dec | 23rd Dec | over week | lssue price | High | high in Rs | lifetime high | |||
MOIL | 15th Dec 2010 | 375.00 | 227.75 | 227.75 | 0.00 | -39.27 | 591.05 | -363.30 | -96.88 |
SCI FPO | 15th Dec 2010 | 140.00 | 48.30 | 51.50 | -6.21 | -65.50 | 138.00 | -89.70 | -64.07 |
Claris Lifesciences | 20th Dec 2010 | 228.00 | 105.75 | 107.85 | -1.95 | -53.62 | 232.00 | -126.25 | -55.37 |
A2Z Maintenance Engg | 23rd Dec 2010 | 400.00 | 87.85 | 91.50 | -3.99 | -78.04 | 398.80 | -310.95 | -77.74 |
Ravikumar Distilleries | 27th Dec 2010 | 64.00 | 15.60 | 12.24 | 27.45 | -75.63 | 93.95 | -78.35 | -122.42 |
Punjab & Sind Bank | 30th Dec 2010 | 120.00 | 60.20 | 62.30 | -3.37 | -49.83 | 149.70 | -89.50 | -74.58 |
Shekawati Poly-yarn | 12th Jan 2011 | 30.00 | 23.05 | 23.85 | -3.35 | -23.17 | 69.00 | -45.95 | -153.17 |
C.Mahendra Exports | 20th Jan 2011 | 110.00 | 133.50 | 132.65 | 0.64 | 21.36 | 342.00 | -208.50 | -189.55 |
Mid-valley Entertainment | 27th Jan 2011 | 70.00 | 73.25 | 74.30 | -1.41 | 4.64 | 153.40 | -80.15 | -114.50 |
Tata Steel FPO | 2nd Feb 2011 | 610.00 | 335.25 | 347.25 | -3.46 | -45.04 | 661.00 | -325.75 | -53.40 |
Omkar Speciality Chemicals | 10th Feb 2011 | 98.00 | 56.35 | 58.75 | -4.09 | -42.50 | 101.00 | -44.65 | -45.56 |
Acropetal Technologies | 10th Mar 2011 | 90.00 | 10.92 | 11.52 | -5.21 | -87.87 | 156.00 | -145.08 | -161.20 |
Sudar Garments | 11th Mar 2011 | 77.00 | 48.05 | 50.95 | -5.69 | -37.60 | 138.50 | -90.45 | -117.47 |
Fineotex Chemicals | 11th Mar 2011 | 72.00 | 61.25 | 54.25 | 12.90 | -14.93 | 353.00 | -291.75 | -405.21 |
Lovable Lingerie | 24th Mar 2011 | 205.00 | 310.90 | 329.75 | -5.72 | 51.66 | 636.50 | -325.60 | * -158.83 |
PTC India Financial Services | 30th Mar 2011 | 28.00 | 10.10 | 10.04 | 0.60 | -63.93 | 28.00 | -17.90 | -63.93 |
* I have received lot of queries about the last column “fall as % from lifetime high” and the fact that it is more than 100%. The fact is that many of these poor fundamental shares have gone up sharply on the day of listing or for a brief period and then have fallen sharply. The base of all issues is the issue price and because a share cannot trade at negative value it can never fall more than 99%.
This column highlights the extent of fall from the lifetime high and depicts the same as a percentage of the issue price.
For example in the case of Birla Medspa the high is Rs 30.70 which is a gain of 307% on the issue price and the share has fallen below the issue price of Rs 10 to now trade at Rs 6.78. This translates into the loss of 239.20% from the lifetime high.