Yes, an IPO can list below the issue price (also known as an IPO listed at a discount). The IPO listing price is mainly the result of supply and demand for IPO shares in the market.
See Also
IPO Listing TimeThere are many factors that can lead to a negative listing of IPO shares:
- Market sentiment on the day of listing.
- Higher selling pressure due to short-term profit taking.
- The public issue poorly subscribed and the market doesn't have enough demand for the company's shares.
