Startup companies drowned investors, shares of these companies including Zomato, Paytm, Nykaa broke up to 55% Startup companies drowned investors, shares of these companies including Zomato, Paytm, Nykaa broke up

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Startups

Highlights

  • The reason for the big fall in the shares is that the business of these companies is in loss.
  • The valuation of the shares of the companies is very expensive, due to which there is continuous selling in it.
  • Shares of many startup companies have lost more than 50%

New Delhi. The year 2021 was tremendous for IPOs. More than 50 companies raised crores of rupees from the market by bringing IPO. Small investors also put money heavily in the IPO. IPOs of many companies also gave strong returns to the investors. They also included some startup companies which include names like Zomato, Nykaa etc. However, after the listing, the shares of most of the startup companies have done heavy losses to the investors. Shares of many startup companies have lost more than 50%. Let us know the condition of the shares of major startup companies.

company IPO Price highest level current price
Paytm Rs 2150 Rs 1800 Rs 890
zomato 76 rupees Rs 154 92 rupees
policy market Rs 1,150 Rs 1447 Rs 786
cartrade Rs 1585 1501 rupees 777 rupees
hero Rs 1,125 2437 rupees Rs 1,792

Share prices up to 1.30 am till the time of writing the news.

Why there was a big decline in these companies

Market experts say that the reason for the big fall in the shares of startup companies is that the business of these companies is in loss. These companies were successful in bringing big IPOs on the basis of anchor investors, but now when anchor investors have left or are leaving, there is a big decline in them. The reason for selling in their shares is that the valuation of the shares of these companies is very expensive. Due to this, there is continuous selling in it.

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