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 |
27th Jan | 20th Jan | over week | lssue price | High | high in Rs | lifetime high | |||
MOIL | 15th Dec 2010 | 375.00 | 262.40 | 250.10 | 4.92 | -30.03 | 591.05 | -328.65 | -87.64 |
SCI FPO | 15th Dec 2010 | 140.00 | 68.35 | 59.30 | 15.26 | -51.18 | 138.00 | -69.65 | -49.75 |
Claris Lifesciences | 20th Dec 2010 | 228.00 | 125.10 | 114.50 | 9.26 | -45.13 | 232.00 | -106.90 | -46.89 |
A2Z Maintenance Engg | 23rd Dec 2010 | 400.00 | 127.35 | 108.85 | 17.00 | -68.16 | 398.80 | -271.45 | -67.86 |
Ravikumar Distilleries | 27th Dec 2010 | 64.00 | 15.95 | 15.50 | 2.90 | -75.08 | 93.95 | -78.00 | -121.88 |
Punjab & Sind Bank | 30th Dec 2010 | 120.00 | 71.70 | 67.80 | 5.75 | -40.25 | 149.70 | -78.00 | -65.00 |
Shekawati Poly-yarn | 12th Jan 2011 | 30.00 | 24.75 | 23.15 | 6.91 | -17.50 | 69.00 | -44.25 | -147.50 |
C.Mahendra Exports | 20th Jan 2011 | 110.00 | 146.45 | 142.00 | 3.13 | 33.14 | 342.00 | -195.55 | -177.77 |
Mid-valley Entertainment | 27th Jan 2011 | 70.00 | 30.55 | 44.05 | -30.65 | -56.36 | 153.40 | -122.85 | -175.50 |
Tata Steel FPO | 2nd Feb 2011 | 610.00 | 458.75 | 436.60 | 5.07 | -24.80 | 661.00 | -202.25 | -33.16 |
Omkar Speciality Chemicals | 10th Feb 2011 | 98.00 | 54.50 | 55.45 | -1.71 | -44.39 | 101.00 | -46.50 | -47.45 |
Acropetal Technologies | 10th Mar 2011 | 90.00 | 14.13 | 13.59 | 3.97 | -84.30 | 156.00 | -141.87 | -157.63 |
Sudar Garments | 11th Mar 2011 | 77.00 | 66.60 | 66.85 | -0.37 | -13.51 | 138.50 | -71.90 | -93.38 |
Fineotex Chemicals | 11th Mar 2011 | 72.00 | 57.65 | 55.00 | 4.82 | -19.93 | 353.00 | -295.35 | -410.21 |
Lovable Lingerie | 24th Mar 2011 | 205.00 | 382.95 | 376.10 | 1.82 | 86.80 | 636.50 | -253.55 | -123.68 |
PTC India Financial Services | 30th Mar 2011 | 28.00 | 16.64 | 11.17 | 48.97 | -40.57 | 28.00 | -11.36 | * -40.57 |
* 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.