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From Paytm To Reliance Power: Big IPOs With The Worst Debut Day Performance

From Paytm To Reliance Power: Big IPOs With The Worst Debut Day Performance

NDTV
Wednesday, November 24, 2021 07:09:25 AM UTC

Paytm, India's largest IPO to date, closed 27% below the issue price on listing day. It impacted sentiment in the entire stock market. The flop show should not come as a surprise to you as this is not the first time a high-profile IPO has eroded investors wealth on listing day.

Were you surprised with Paytm's stock market debut? 

India's largest IPO to date closed 27% below the issue price on listing day. It impacted sentiment in the entire stock market.

Paytm's flop show should not come as a surprise to you as this is not the first time a high-profile IPO has eroded investors' wealth on listing day. There have been several such IPOs in the past.

Let's take a look at the mega IPOs with the worst debut day performance. We have considered IPOs with issue size of more than Rs 1,000 crore.

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