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News Topical, Digital Desk : Along with Powerica, two other companies (Amir Chand Jagdish Kumar and Sai Parental) were listed today. Powerica's listing resulted in the biggest loss for investors. Investors lost ₹29 per share. Its IPO listed at a loss of 7.34%.
How much did investors lose?
The Powerica IPO had a lot size of 37 shares. Investors lost a total of ₹1,078 (37 x 29). The IPO listed at ₹366 per share, compared to its issue price of ₹395 per share.
After the decline in listings, there is a rise again?
At 12:53 p.m., the price of one share was ₹392.45. It suffered a listing loss of ₹29. However, its shares rose by ₹26.55 after listing. As of 12:54 p.m., Powerica had hit a high of ₹396 per share and a low of ₹365.10 per share.
These two IPOs were also listed
Amir Chand listed at a loss. However, Sai Parent listed at a slight profit. Investors earned a 2.04% return on Sai Parent's IPO, earning them a profit of ₹8 per share.
Meanwhile, investors lost 5.66% on the listing of Amir Chand, losing ₹12 per share.
Read More: PN Gadgil Q4 Update: Company earnings jump 124%, target ₹13,500 crore in FY27.
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