IPO losers of 2011

Out of the 15 companies that came out with IPO in 2011, nine entities, including PTC India Financial Services and Future Ventures India, are attracting negative returns in the range of 16-75%.

IPO	CMP	Issue Price	Return
Acropetal Technologies	22.7	90	-75%
Shilpi Cable Tech	18.65	69	-73%
Sarvalakshmi Paper	10.5	29	-64%
Omkar Speciality Chem.	53	98	-46%
Paramount Printpackaging	24	35	-45%
PTC India Financial Services	18.9	28	-32%
Sanghvi Forging	65.85	85	-22%
Future Ventures India	8.09	10	-19%
Innoventive Industries	98	120	-16%

*CMP as on 3rd June 2011.