Stock Down: IPO investors lost millions! Shares of new-age companies fell by up to 80%.

News Topical, Digital Desk : The most talked-about IPOs of the past year are now causing investors pain. During trading on February 18, 2026, names like PhysicsWallah, Ola Electric, Brainbees Solutions Ltd (FirstCry), Swiggy, and Meesho fell 40% to 80% from their peak levels. Investors who bought at higher levels are facing significant losses.

PhysicsWallah: 37% decline, -33% in 3 months.
The stock opened at ₹104.10 on February 18, 2026, against a closing price of ₹104.22 and fell to ₹103. Recall that the stock had reached a high of ₹161.99. From there, it has now reached around ₹100. This means that those who bought at the peak are facing a loss of approximately ₹60 per share.

The stock has fallen 33% in just three months. As of December 2025, promoters hold a 72.33% stake. FIIs hold 12.4%, and DIIs hold 12.74%.

Ola Electric: 80% Fall
The stock opened at ₹27.95 against a closing price of ₹27.98 and rose to ₹29. But remember, this same stock reached a high of ₹157.40. From there, it has fallen nearly 80%.

Promoters hold 34.59%, while FIIs hold around 4%. This decline has been quite painful for investors who bought at higher levels.

FirstCry (Brainbees Solutions):
Shares opened at around ₹230, down 68%, but fell to ₹219. The stock has fallen from its all-time high of ₹734. The stock has fallen 41% in a year. Foreign investment (FII) investors have also reduced their confidence, reducing their stake from 9.62% to 4% in a year.

Swiggy: Shares have halved.
The stock opened at ₹333 and then slipped. It has fallen from ₹617.30 to around ₹330 now, representing a decline of approximately 46%. However, there is a positive sign here. Foreign investment (FII) holdings rose from 4.9% in March 2025 to over 16.07% in December 2025.

Meesho shares fell 40%.
After opening at ₹152.44, the stock rose 3% to ₹159.45. But it has fallen nearly 40% from its peak of ₹254.40.

Many new-age stocks, listed at high valuations during their IPOs, are now under intense pressure. Those who bought after listing or at high prices are seeing significant losses in their portfolios. Clearly, investing based solely on brand names can be risky. Entry timing and valuation are of paramount importance in the stock market.

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