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Biggest Mainline IPO Failures in India 2020

The performance of an IPO is measured based on its price movements on the listing day. When the closing price of the IPO on the listing day is below the issue price, the IPO is said to have flopped.

The listing day is viewed as an important day for many investors who wish to make quick profits by selling the IPO shares on that day. The real demand and value of the share gets assessed on the listing day when the share becomes accessible to all who missed to buy the IPO shares or did not get an allotment.

An IPO can fail on account of many factors that may include issue with company fundamentals, management, wrong timing, incorrect valuation, lack of planning, etc. Thus, an investor should assess the company well before investing the hard earned money.

Biggest Mainline IPO Flops 2020

Issuer Company Issue Type Listing Date Issue Size Subscribed Issue Price Listing Day Price Current Price 52 Week High 52 Week Low
UTI Asset Management Company LtdUTI Asset Management Company Ltd IPO detailUTI Asset Management Company Ltd Share Price, Chart and TipsMainlineOct 12, 2020Rs 2159.88 Cr2.31xRs 554.00Rs 476.60 (-13.97%)Rs 1,038.20 (87.4%)Rs 1,068.00 (Jun 18, 2024)Rs 731.20 (Aug 17, 2023)
Angel One LtdAngel One Ltd IPO detailAngel One Ltd Share Price, Chart and TipsMainlineOct 05, 2020Rs 600.00 Cr3.94xRs 306.00Rs 275.85 (-9.85%)Rs 2,343.55 (665.87%)Rs 3,896.00 (Jan 09, 2024)Rs 1,452.00 (Jul 19, 2023)
SBI Cards and Payment Services LtdSBI Cards and Payment Services Ltd IPO detailSBI Cards and Payment Services Ltd Share Price, Chart and TipsMainlineMar 16, 2020Rs 10354.77 Cr26.54xRs 755.00Rs 683.20 (-9.51%)Rs 715.25 (-5.26%)Rs 892.85 (Aug 08, 2023)Rs 647.95 (Jun 04, 2024)
Equitas Small Finance Bank LtdEquitas Small Finance Bank Ltd IPO detailEquitas Small Finance Bank Ltd Share Price, Chart and TipsMainlineNov 02, 2020Rs 517.60 Cr1.95xRs 33.00Rs 32.75 (-0.76%)Rs 94.57 (186.58%)Rs 116.50 (Jan 12, 2024)Rs 82.10 (Aug 18, 2023)
  • The above list represents data from 2007 till date.
  • The current market price may not be a true reflection of the IPO performance as of today as it is includes the effect of price change on account of corporate actions like stock split, bonus (if any) till date.