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The company co-founded by internet tycoon Brent Hoberman (pictured) announced at the start of trading that shares would be 200p each. They later closed 7.4 per cent or 14.9p, down at 185.1p.
Made com valued at £775m as it sets offer price at 200p thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.
The Liverpool firm, which sells bathroom equipment online, will come to market on June 22. The news came as furniture group Made also unveiled further plans for its initial public offering.