Last 10 IPOs Review – 64% Positive While 36% Negative

As the IPOs in last few months gave superb return to investors there some gave loss as well. But when we look at the performance of the last 10-11 IPOs in which around 64% IPOs gave superb return while 36% of them are still trading in negative compare to their IPO price. Here we are sharing list with the last few IPO performance.

Positives:
IPOs which gave superb performance and return are Mahanagar Gas, Quess Corp, Advance Enzyme, Dilip Buildcon, S P Apparels, RBL Bank and GNA Axles. When we compare to their IPO price Advance Enzyme is superb on the list. It gave over 100% return in last few months after its IPO price. The listing was superb as well. Quess Corp is in 2nd position with 94% while Mahanagar Gas is in the 3rd position with 67%. The major contenders are this big 3 which gave good performance as per the brand names. The IPOs which was a big avoid as per market analyst Dilip Buildcon, SP Apparels and GNA Axles gave good return on listing and still in the green as well.

Negatives:
The big names not able to perform as per their brand names. ICICI Prudential Life, L&T Infotech and L&T Technology which gave negative returns to the investors. All were positive about this IPOs but it was not that good on listing day. ICICI Pru Life was victim of market sentiment and was down by long margin on listing day. HPL Electric was not able to perform as well. All these four IPOs are still in the red.

IPO Name	IPO Price	Price (As on 07-10-16)	Profit / Loss
Mahangar Gas	Rs. 421	Rs. 703	67% UP
Quess Corp	Rs. 317	Rs. 615	94% UP
L&T Infotech	Rs. 710	Rs. 618	-13% Down
Advanced Enzyme	Rs. 896	Rs. 1821	103% UP
Dilip Buildcon	Rs. 219	Rs. 240	10% UP
S P Apparels	Rs. 268	Rs. 349	30% UP
RBL Bank	Rs. 225	Rs. 298	32% UP
L&T Technology	Rs. 860	Rs. 836	-3% Down
GNA Axles	Rs. 207	Rs. 257	24% UP
ICICI Pru Life	Rs. 334	Rs. 320	-4% Down
HPL Power	Rs. 202	Rs. 178	-12% Down