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Despite the company's efforts to clear up the pricing problem, the shares still finished the day below the issue price, down 7% at 210p.
"M.C.C. had set its price at the middle of its range, but it still fell below the issue price," said Linus Yip, a strategist at First Shanghai Securities.
Pets at Home traded below the issue price of 345p for most of the morning but has now risen above it, to 245.25p.
Last month, the treasury ministry boasted publicly that shares in Istituto Nazionale delle Assicurazioni (INA), an insurer floated in June 1994, have consistently traded below the issue price.
Slide | The commodities trader saw its shares slip amid a broader mining sector sell off to trade at 20 percent below the issue price, as macroeconomic worries shook the market.
Although they recouped some of those losses later on, the shares were well below the issue price of 14.5 Hong Kong dollars, or $1.86, by late afternoon, closing at 13.38 dollars, down 7.7 percent.
Samsonite's shares gained 0.6 percent on Friday after losing 7.7 percent on their first day of trading, but at 13.46 Hong Kong dollars, they remained below the issue price of 14.50 Hong Kong dollars.
