These IPO’s were listed during the January March 2011 quarter
Name | Date of Listing | Issue Price | Closing Price | Closing Price | % Gain Loss | Change Over | Lifetime | Fall from | Fall as % from |
20th Jan | 13th Jan | Over Week | lssue Price | High | High in Rs | Lifetime High | |||
MOIL | 15th Dec 2010 | 375.00 | 250.10 | 263.65 | -5.14 | -33.31 | 591.05 | -340.95 | -90.92 |
SCI FPO | 15th Dec 2010 | 140.00 | 59.30 | 58.40 | 1.54 | -57.64 | 138.00 | -78.70 | -56.21 |
Claris Lifesciences | 20th Dec 2010 | 228.00 | 114.50 | 112.35 | 1.91 | -49.78 | 232.00 | -117.50 | -51.54 |
A2Z Maintenance Engg | 23rd Dec 2010 | 400.00 | 108.85 | 106.20 | 2.50 | -72.79 | 398.80 | -289.95 | -72.49 |
Ravikumar Distilleries | 27th Dec 2010 | 64.00 | 15.50 | 16.25 | -4.62 | -75.78 | 93.95 | -78.45 | -122.58 |
Punjab & Sind Bank | 30th Dec 2010 | 120.00 | 67.80 | 61.75 | 9.80 | -43.50 | 149.70 | -81.90 | -68.25 |
Shekawati Poly-yarn | 12th Jan 2011 | 30.00 | 23.15 | 22.70 | 1.98 | -22.83 | 69.00 | -45.85 | -152.83 |
C.Mahendra Exports | 20th Jan 2011 | 110.00 | 142.00 | 143.05 | -0.73 | 29.09 | 342.00 | -200.00 | -181.82 |
Mid-valley Entertainment | 27th Jan 2011 | 70.00 | 44.05 | 70.40 | -37.43 | -37.07 | 153.40 | -109.35 | -156.21 |
Tata Steel FPO | 2nd Feb 2011 | 610.00 | 436.60 | 415.70 | 5.03 | -28.43 | 661.00 | -224.40 | -36.79 |
Omkar Speciality Chemicals | 10th Feb 2011 | 98.00 | 55.45 | 55.40 | 0.09 | -43.42 | 101.00 | -45.55 | -46.48 |
Acropetal Technologies | 10th Mar 2011 | 90.00 | 13.59 | 14.30 | -4.97 | -84.90 | 156.00 | -142.41 | -158.23 |
Sudar Garments | 11th Mar 2011 | 77.00 | 66.85 | 61.80 | 8.17 | -13.18 | 138.50 | -71.65 | -93.05 |
Fineotex Chemicals | 11th Mar 2011 | 72.00 | 55.00 | 55.15 | -0.27 | -23.61 | 353.00 | -298.00 | -413.89 |
Lovable Lingerie | 24th Mar 2011 | 205.00 | 376.10 | 377.00 | -0.24 | 83.46 | 636.50 | -260.40 | * -127.02 |
PTC India Financial Services | 30th Mar 2011 | 28.00 | 11.17 | 11.58 | -3.54 | -60.11 | 28.00 | -16.83 | -60.11 |
* 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.