Sunday, August 21, 2016

10 OUT OF THE 21 IPOS OF 2015 TRADE BELOW OFFER PRICE

In 2015 a total of 21 IPOs hit the market. Out of the above only 11 are trading above the offer price. The rest are trading below the IPO price.

The stocks that are trading below IPO  price are -  Ortel, Adlabs, Inox Winds, MEP Infra, UFO Moviez, PNC Infra, Pennar Engg, Sadbhav Infra, Prabhat Dairy and Coffee Day 

FirstChoiceIPO had advised the investors to stay away from the IPOs which are trading below the offer price.

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