Performance of Newly Listed Shares as on 23rd December 2011

These IPO’s were listed during the April June 2011 quarter

Name Date of Listing Issue Price Closing  Price Closing Price % Gain Loss  Change Over Lifetime   Fall from  Fall as % from
23rd Dec 16th Dec Over Week  Issue Price High High in Rs Lifetime High
Shilpi Cable Technologies  8th April 69.00 9.45 9.54 -0.94 -86.30 84.65 -75.20 -108.99
Muthoot Finance 6th May 175.00 154.55 158.00 -2.18 -11.69 198.00 -43.45 -24.83
Paramount Printpackaging 9th May 35.00 5.91 5.19 13.87 -83.11 38.10 -32.19 -91.97
Future Ventures India 10th May 10.00 9.11 8.89 2.47 -8.90 10.05 -0.94 -9.40
Servalakshmi Paper 12th May 29.00 4.34 4.35 -0.23 -85.03 48.75 -44.41 -153.14
Innoventive Industries 13th May 117.00 83.90 81.45 3.01 -28.29 114.85 -30.95 -26.45
Sanghavi Forging & Engg 23rd May 85.00 24.40 24.30 0.41 -71.29 144.90 -120.50 -141.76
Power Finance Corporation (FPO) 26th May 203.00 133.10 150.40 -11.50 -34.43 217.90 -84.80 -41.77
Aanjaneya Lifecare 27th May 234.00 517.15 435.75 18.68 121.00 523.00 -5.85 -2.50
VMS Industries 14th June 40.00 25.70 25.00 2.80 -35.75 49.25 -23.55 -58.88
Timbor Home 22nd June 63.00 21.35 25.90 -17.57 -66.11 109.00 -87.65 * -139.13

* 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.

Did you like this? Share it:

Related Posts:

Performance of Newly Listed Shares as on 16th December 2011

These IPO’s were listed during the July September 2011 quarter

Name Date of Listing Issue Price Closing  Price Closing Price % Gain Loss  Change Over Lifetime   Fall from  Fall as % from
16th Dec 9th Dec Over Week  lssue Price High High in Rs Lifetime High
Birla Pacific Medspa 7thJuly 10.00 6.78 8.56 -20.79 -32.20 30.70 -23.92 -239.20
Rushil Décor 7thJuly 72.00 131 140.95 -7.06 81.94 207.00 -76.00 -105.56
Readymade Steel India 13th July 108.00 66.4 63.8 4.08 -38.52 117.75 -51.35 -47.55
Bhartiya Global Infomedia 28th July 82.00 9.79 10.47 -6.49 -88.06 84.00 -74.21 -90.50
Inventure Growth & Securities 4th Aug 117.00 150 150.1 -0.07 28.21 256.75 -106.75 -91.24
L&T Finance Holdings 12th Aug 52.00 44.1 45.45 -2.97 -15.19 53.00 -8.90 -17.12
Tree House Education & Acessories 26th Aug 135.00 153.05 168.25 -9.03 13.37 211.80 -58.75 -43.52
Brooks Laboratories 5th Sept 100.00 13.95 16.15 -13.62 -86.05 131.10 -117.15 -117.15
TD Power Systems 8th Sept 256.00 235.25 241.55 -2.61 -8.11 321.00 -85.75 -33.50
SRS 16th Sept 58.00 35.25 35.40 -0.42 -39.22 61.40 -26.15 -45.09
PG Electroplast 26th Sept 210.00 196.65 214.35 -8.26 -6.36 548.00 -351.35 * -167.31

* 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.

Did you like this? Share it:

Related Posts:

Weekly Performance of newly listed Shares

We have reached that stage in the market where new issues or IPO’s are afraid of tapping the capital markets. The major reason is the uncertainty through which our markets are now passing through. Global events and domestic events are all having their toll on the markets. Even the regulator is looking at the current state of affairs in the primary markets and it is now widely believed there would be some changes in regulations which would probably help the markets and make them less volatile.

In view of the current state there have been no new issues and the last issue to be listed was Indo-Thai Securities in the first week of November. As there are no issues it makes sense to review issues which listed in each of the four quarters of the current year and look at their performance.

Starting this week we will look at each quarter starting with the fourth quarter of the calendar year 2011. Two new columns have been added where the lifetime high of the share is mentioned and the fall from the high to the current price as a percentage of the issue price. This is a very interesting piece of statistic as in fall even the share price is completely knocked off and a share issued at Rs 1000 and trading at Rs 100 would statistically be down 90% while a share issued at Rs 100 and trading at Rs 1000 would have gained 900%.

Did you like this? Share it:

Related Posts:

Subscribe to RSS Feed Follow me on Twitter!