These IPO’s were listed during the October December 2011 Quarter
| Name | Date of Listing | Issue Price | Closing Price | Closing Price | % Gain Loss | Change Over | Lifetime | Fall from | Fall as % of |
| 2nd Mar | 24th Feb | Over Week | lssue Price | High | High in Rs | issue price | |||
| Prakash Constrowell | 4th Oct | 138.00 | 84.50 | 90.10 | -6.22 | -38.77 | 311.70 | -227.20 | -164.64 |
| RDB Rasayans | 7th Oct | 79.00 | 8.30 | 8.69 | -4.49 | -89.49 | 93.15 | -84.85 | -107.41 |
| Tijaria Polypipes | 14th Oct | 60.00 | 8.61 | 8.77 | -1.82 | -85.65 | 67.80 | -59.19 | -98.65 |
| Onelife Capital Advisors | 17th Oct | 110.00 | 283.60 | 315.80 | -10.20 | 157.82 | 309.35 | -25.75 | -23.41 |
| Flexituff International | 19th Oct | 155.00 | 239.05 | 240.10 | -0.44 | 54.23 | 301.95 | -62.90 | -40.58 |
| Taksheel Solutions | 19th Oct | 150.00 | 14.10 | 14.47 | -2.56 | -90.60 | 185.00 | -170.90 | -113.93 |
| M&B Switchgear | 20th Oct | 186.00 | 71.90 | 71.80 | 0.14 | -61.34 | 390.00 | -318.10 | -171.02 |
| Vaswani Industries | 24th Oct | 39.20 | 9.92 | 11.15 | -11.03 | -74.69 | 35.40 | -25.48 | -65.00 |
| Indo – Thai Securities | 2nd Nov | 74.00 | 11.95 | 12.32 | -3.00 | -83.85 | 99.10 | -87.15 | *-117.77 |
* 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.
