Shares trading below IPO price

[Monster]

Guys, let's talk about shares trading below it's IPO price. I have listed few below. If I missed any thing, please add to the list.



*** I don't remember the IPO price. However, I am pretty sure it's higher than the current price.

[UKboy]

I think LIOC is another share... IPO price was Rs27.00

[sriranga]

PLC @ 18.00
CITK @ 17.50
CITW @ 12.50

BTW In 2011 there were 13 and in 2010 there were 8 IPO's.

[Monster]

PLC @ 18.00
CITK @ 17.50
CITW @ 12.50

BTW In 2011 there were 13 and in 2010 there were 8 IPO's.

Thanks Sriranga. DIAL, the IPO price was 12/- and now trading around 6/-

[WildBear]

PAP-3.00
UBC
LGL heading towards IPO price- N-23, X-15

[Monster]

HPFL, an IPO oversubscribed by 57 times at Rs 10/- is trading at 25% below it's IPO price.

[greedy007]

Thanks Monster.

[Monster]

Hemas Power PLC (HPWR), an IPO oversubscribed in 2009 at Rs 20/- is above to reach it's IPO value. Currently it's trading below it's net asset value.

[Monster]

PAP-3.00
UBC
LGL heading towards IPO price- N-23, X-15

Both LGL.N and LGL.X are sink below it's IPO price.
Current price is,
LGL.N -Rs 22.10
LGL.X -Rs 14.40

As I remember, EPF has purchased LGL.N at Rs 48/-. Still holding with heavy unrealized loss.

Hemas Power PLC (HPWR), an IPO oversubscribed in 2009 at Rs 20/- is above to reach it's IPO value. Currently it's trading below it's net asset value.

HPWR is trading below it's IPO price after two years. Current price is 19.00

HVA, a mostly manipulated share in the recent past almost reached it's IPO price. IPO price is 16/- and current trading price Rs 16.70

PCH, once a favorite share of retailers, currently trading below it's IPO price. PCH was listed in August 2010 at IPO price Rs 11/-. Current trading price is Rs 7.90

[chamith]

I think it will add more value if we include the PP price as well.

[Monster]

Thanks Chamith. Look, still PP investors enjoying a good gain in SHL. This is the highly overvalued IPO ever introduced in CSE. (Am I correct?)