77% IPOs gave positive returns in 2007

77% IPOs gave positive returns in 2007


A total of 101 IPOs listed in the year of 2007. 78 IPOs gave positive returns while the balance remained below issue price.
23 IPOs offered over 100% returns and 3 stocks jumped over 500%. Orbit Corp was the best performing IPO in 2007 whereas Broadcast Initiatives was worst performing.

Money-makers in 2007
Company
Issue Price
% Gain/Loss


Orbit Corporation
110
754.55
Everonn Systems
140
645.07
MIC Electronics
150
512
Pyramid Saimira
100
434.1
Allied Computer
12
415.42
GBN
250
316.8
Gremach Infra
86
307.21
Allied Digital
190
291.05
Redington
113
273.76
Vishal Retail
270
250.37


Losers in 2007
Hilton Metal
70
-26.07
Asahi Songwon
90
-26.67
Alpa Laboratori
68
-26.99
Decolight Ceram
54
-29.26
Abhishek Mills
100
-31.35
Jagjanani Text
25
-36.88
Oriental Trimex
48
-37.92
Vijayeswari Tex
100
-44.5
House of Pearl
550
-48.91
Broadcast
120
-50.83



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