Heavily Subscribed IPOs Turning Red!

The IPO frenzy is proving risky—several hot listings are now slipping below issue price. Remember: allotment ≠ guaranteed gains.

🔻 VMS TMT: -13.6%
🔻 Gem Aromatics: -28.0%
🔻 Mangal Electricals: -14.9%
🔻 Ganesh Consumer: -8.7%
🔻 Saatvik Green: -3.9%
🔻 Ivalue Infosolution: -4.5%
🔻 Shreeji Shipping: -4.7%
🔻 Patel Retail: -8.2%
🔻 Regaal Resources: -12.8%
🔻 JSW Cement: -4.3%
🔻 All Time Plastics: -4.7%
🔻 GLEN Industries: -4.7%

Market takeaway: Strong subscription doesn’t always translate into post-listing wealth. Fundamentals > FOMO.