Of the 26 recently-listed IPOs, as many as 21 stocks were trading below their respective issue price on the BSE in Thursday's intra-day trade.
Concord Enviro, DAM Capital, Godavari Bio, JNK India, One Mobikwik, Stallion India and Unicommerce saw their market value decline between 47% - 64%, from respective 52-week highs.