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Withdrawn IPO List in India

If an IPO does not meet minimum subscription level of 90% of the issue size, the issuing company is required to withdraw the IPO from the market. The issuer may also withdraw its IPO due to market conditions, industry problems or low subscription.

In the event of such a withdrawal, the issuer is required to release or repay all subscription amounts to investors within four days of completion of the issue.

Below you will find a list of failed IPOs, i.e. the list of IPOs that were opened for subscription but not listed onthe stock exchange:

List of withdrawn IPOs by company (IPO withdrawn after IPO launch)

Company Name	Issue open date	Issue close date	Subscription (times)
PKH Ventures Limited IPO	Jun 30, 2023	Jul 04, 2023	0.65
Adani Enterprises Limited FPO	Jan 27, 2023	Jan 31, 2023	1.12
Antony Waste Handling Cell Ltd IPO	Mar 04, 2020	Mar 16, 2020	0.50
ITI Ltd FPO	Jan 24, 2020	Feb 05, 2020	0.62
Tutorials Point (India) Ltd IPO	Sep 30, 2019	Oct 04, 2019	0.15
Alumilite Architecturals Limited IPO	Jun 24, 2019	Jun 28, 2019	1.08
Sudarshan Pharma Industries Limited IPO	Jun 12, 2019	Jun 21, 2019	0.47
ICL Multitrading India Limited IPO	Nov 19, 2018	Dec 03, 2018	0.11
Dinesh Engineers Limited IPO	Sep 28, 2018	Oct 03, 2018	0.08
Salebhai Internet Limited IPO	Jul 27, 2018	Aug 01, 2018	0.26
Sorich Foils Limited IPO	May 24, 2018	May 25, 2018	0.18
Penta Gold Ltd IPO	Sep 04, 2017	Sep 06, 2017	0.00
Seven Hills Beverages Ltd IPO	Aug 18, 2017	Aug 23, 2017	0.00
GreenSignal Bio Pharma Ltd IPO	Nov 09, 2016	Nov 22, 2016	1.06
NCML Industries Ltd IPO	Dec 29, 2014	Jan 09, 2015	0.45
Loha Ispaat Ltd IPO	Mar 11, 2014	Mar 25, 2014	0.00
Scotts Garments Ltd IPO	Apr 25, 2013	May 03, 2013	0.27
Sai Silks (Kalamandir) Ltd IPO	Feb 11, 2013	Feb 13, 2013	0.87
Plastene India Limited IPO	May 09, 2012	May 15, 2012	0.29
Samvardhana Motherson Finance Ltd IPO	May 02, 2012	May 04, 2012	0.23
Goodwill Hospital & Research Centre Ltd IPO	Dec 30, 2011	Jan 09, 2012	0.01
Swajas Air Charters Ltd IPO	Sep 26, 2011	Oct 05, 2011	1.72
Galaxy Surfactants Ltd IPO	May 13, 2011	May 19, 2011	0.30
Fatpipe Networks India Limited IPO	Jun 07, 2010	Jun 09, 2010	0.88
Tara Health Foods Limited IPO	Apr 28, 2010	Apr 30, 2010	0.60
Gemini Engi-Fab Limited IPO	Feb 03, 2009	Feb 06, 2009	0.00
SVEC Constructions Ltd IPO	Feb 04, 2008	Feb 13, 2008	0.25
Emaar MGF Land Ltd IPO	Feb 01, 2008	Feb 11, 2008	0.83
Wockhardt Hospitals Ltd IPO	Jan 31, 2008	Feb 07, 2008	0.00
SVPCL Limited IPO	Oct 22, 2007	Oct 26, 2007	1.09
IT People (India) Limited FPO	Aug 27, 2007	Aug 31, 2007	0.36
Ammana Bio Pharma Limited IPO	Mar 28, 2007	Apr 05, 2007	0.17
Vimal Oil and Foods Limited FPO	Mar 14, 2007	Mar 23, 2007	0.00
Tubeknit Fashions Limited IPO	Feb 21, 2007	Mar 02, 2007	0.07
Yogindera Worsted Limited IPO	Jan 16, 2007	Jan 22, 2007	0.00
Minar International Limited IPO	Sep 25, 2006	Sep 29, 2006	0.00

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The above is list of IPOs withdrawn from 2007 till date.
This report is for IPO failures on account of 90% minimum subscription not met and is different from IPO failures on account of poor performance on listing.