IPO Returns of Two New Stocks in October 2026 Fall Below Expectations, Both Under Subscribed.
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Key summary
The survey of newly listed stocks in October 2026 revealed that TIPAK Public Company Limited and QUICK Public Company Limited both had current stock prices lower than their initial public offering (IPO) prices. TIPAK, which is listed on the Stock Exchange of Thailand (SET), opened and closed its first day of trading below the IPO price of 1.85 Thai baht. QUICK, which is listed on the mai market, opened and closed its first day above the IPO price of 5.65 Thai baht, but the current price as of October 30, 2026, has fallen below the IPO price for both companies. The total amount of capital raised by both companies was 446.61 million Thai baht.
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Source report
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