5 biggest IPOs before LIC and worst performers
Reliance Power, which was the third largest IPO after Paytm and Coal India before LIC IPO launch, is the worst performer of all in terms of correction on issue price. Reliance Power has corrected 96.8% on its issue price as on April 2. Here is how other biggest IPOs have performed
Company Issue Price (cr) Performance
Paytm `2150 -72%
Coal India `245 -23.7%
Reliance Power `450 -96.8%
General Insurance `912 -85.4%
SBI Card `755 +8.6%
Note: The data is as on May 4