Singapore listed IPOs have an unfortunate perception of being underperformers, and as such, subscription rates tend to be lukewarm. Here we have 5 IPOs that actually performed well from the onset before falling below its IPO listing price due to weak broader market sentiments, some of these names may also have material adverse incidents occurring to them in its short timeframe of being listed, thus affecting its share price, and pushing them to trade below water.

5 recent Singapore IPOs that have fallen below listing price

Company	Ticker	Current price($)	IPO price ($)	Decline vs IPO price (%)	IPO date
Daiwa House Logistics Trust	SGX:DHLU	0.72	0.80	-10	Nov 2021
Econ Healthcare (Asia) Ltd	SGX:EHG	0.24	0.28	-14	April 2021
Aztech Global Ltd	SGX:8AZ	0.81	1.28	-37	Mar 2021
Nanofilm Technologies International Ltd	SGX:MZH	2.33	2.59	-10	Oct 2020
Digital Core REIT	SGX:DCRU	US$0.85	US$0.88	-3	Dec 2021

1. Daiwa House Logistics Trust (SGX:DHLU) We first reviewed Daiwa House Logistics Trust’s (DHLT) IPO listing here. As DHLT has only been...