Mumbai, Feb. 4 -- Less than half of the IPO's listed during the last six years are trading below their issue price, and nearly 19 per cent of them are at a loss of 25-50 per cent from their IPO price, suggests data shared in a report by Axis Capital.

The report data showed that around 180 out of 374 companies listed in the last 6 years are currently trading below their issue price.

Among these, nearly 19 per cent of all listed companies, or 70 firms, are trading at a loss of 25 to 50 per cent compared to their issue price. In addition, 34 companies, or 9 per cent, have witnessed even steeper declines and are trading more than 50 per cent lower than their issue price.

The report further highlighted that 50 companies, or 13 per cent, are...