Have you applied for IPO of Zomato, Paytm, Policybazaar, Cartrade and Nykaa? If even after applying, you did not get the shares or due to some reason you could not apply, then now is a great opportunity for you. In fact, the shares of these companies are now available at very low prices. Barring Nykaa, the share price of other companies has come down well below the issue price.
59 percent cheaper than the Paytm listing price
Paytm had launched its IPO in November last year. The company had fixed a share price of Rs 2150 in the IPO. The company’s shares were listed on the stock exchanges on November 18. It got listed at a price of Rs 1,560 below the issue price. The stock closed at Rs 634.80 on March 16. In this way, the stock has fallen by more than 59 percent since the listing.
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Zomato is down 40% since listing
Online food delivery platform Zomato had launched an IPO in July last year. The company had fixed a share price of Rs 76 in the IPO. The company’s shares were listed on July 23 at a price of Rs 126. Since then the company’s shares have remained under pressure. Right now its price (March 16) is running at Rs 76. This means that this stock is currently getting the price of IPO. If you want to buy this stock then this is a great opportunity. Since the listing, its price has fallen by about 40 percent.
Policy Bazaar shares lost 42 percent of their value after listing
Policybazaar shares were listed on the stock exchange in November last year. Its parent company PB Fintech had fixed a share price of Rs 980 in the IPO. The stock was listed on November 15 at Rs 1202. The stock has been under pressure since then. Its price on Wednesday (March 16) stood at Rs 701. In this way, the stock has fallen about 42 percent since the listing. Right now it is getting cheaper than the IPO.
Cartrade down 62 percent since listing
Cartrade Tech had launched its IPO in August last year. The share price in the IPO was fixed at Rs 1618. On August 20, this stock was listed on the stock exchanges at around Rs 1580. Right now its price is running at Rs 565.25. This means that its price has fallen by more than 62 percent since the listing.
Shares of Nyka are getting much less than the listing
Nykaa’s IPO came in late October last year. The company had fixed a share price of Rs 1125 in the IPO. The stock was listed on the stock exchange on November 11. Its listing was excellent. This doubled investors’ money on the day of listing. Its listing was done at a price of Rs 2213. But, since then it has fallen by 32 per cent. The stock closed at Rs 1,496 on March 16.
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