Ten SME IPOs Plummet Up To 82%

Economic Times Markets · stocks

SME Initial Public Offerings (IPOs) have experienced significant declines in 2026, with some falling as much as 82%. UHM Vacation saw an 81.9% drop, while Yajur Fibres declined 77.3% and Kiaasa Retail fell 76.7%. Other companies like Aritas Vinyl, Liotech Industries, QT Foods, Armour Security, Fascinate Textiles, Skytech Infinite Platform, and Gulf Lloyds also recorded substantial year-to-date losses, some listing at a discount to their issue price.