24 Nov 2025 | 5 Mins Read

Six retail-heavy IPOs trade below issue price in 2025

Flipitmoney

Six Indian IPOs exceeded the 35% retail quota limit. The IPOs with excess retail quotas include Highway Infrastructure (40%), Patel Retail (45%), BMW Ventures (75%), Om Freight Forwarders (47%), Glottis (40%), and VMS TMT (50%). The stocks are facing subdued performances with Highway Infrastructure down 5%, Patel Retail 8%, and VMS TMT 36% below their IPO prices.