IPO Investors Face Massive Losses: New-Age Stocks Plummet Up to 80%

• New-age companies like PhysicsWallah, Ola Electric, FirstCry, Swiggy, and Meesho saw shares fall 40% to 80% from peak levels.
• PhysicsWallah shares declined 37%, losing 33% in three months, with investors at peak facing Rs 60 per share loss.
• Ola Electric plummeted by approximately 80% from its high of Rs 157.40.
• FirstCry (Brainbees Solutions) is down 68% from its peak, with FIIs reducing their stake.
• Swiggy's share price halved, falling 46% from its high, though FII stake increased significantly.