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Investors in IPOs lost over Rs 5,000 cr in 2008

September 15, 2008

According to NSE data, the shares of only Vishal Information Technologies and Austral Coke and Projects are at 100 per cent and 30 per cent premium respectively, while the equity of remaining companies are being traded at discount.

The shares of companies (listed during second quarter) which are trading below the issue prices include Resurgere Mines and Minerals, Nu Tek India, Birla Cotsyn India, KSK Energy, Lotus Eye Care, First Winner Industries, Archidply Industries and Sejal Architectural Glass.

Image: A trader reacts after watching stock prices at a brokerage house in Mumbai | Photograph: Indranil Mukherjee/AFP/Getty Images

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