Sunday, June 5, 2011

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.
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