From AGS Transact to Paytm: 7 mainboard IPOs since 2021 that crashed up to 96%

Since 2021, several mainboard IPOs have significantly underperformed, leading to substantial investor losses. Some stocks, like AGS Transact Tech, have plummeted by as much as 96% from their initial offering prices. Other notable underperformers include Popular Vehicles, Paytm, and Exxaro Tiles, reflecting a challenging market for new listings.