 "IPO")
High subscription numbers during an initial public offering (IPO) may be no guarantee that the stock will continue to make money for investors long after the company lists. An analysis of the top 50 companies which saw the most subscription during their public share sales since 2003 reveals that more than half of them are currently trading below their issue price.
Most of these companies belong to the infrastructure and real estate sectors and got themselves listed between 2005 and early 2008, the peak of the last bull run. Zylog System, Consolidated Construction Consortium, ABG Shipyard, FCS Software and Parsvnath
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