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A Study on Performance Evaluation of Initial Public Offerings (IPOs)

A Study on Performance Evaluation of Initial Public Offerings (IPOs)

von Rajesh C. Jampala und Srinivasa Rao Dokku
Softcover - 9786138387305
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Beschreibung

The study analyzes 146 Indian Initial Public Offerings (IPOs) that were listed in Bombay Stock Exchange (BSE) between January 2007 and December 2009. The units of the sample are selected on the basis of companies available in the Indian stock market for three years for calculating short-term and long-term returns. The evidence suggests that the IPOs are initial day underpriced by 4.25 per cent and underperformed by 29.06 per cent after 36 months of listing. The study also finds that issue variables are highly influencing the IPOs performance in short run and long run but age of the company doesn¿t have any influence on its performance during the study period.

India During 2007-2013

Details

Verlag LAP LAMBERT Academic Publishing
Ersterscheinung 14. Juni 2019
Maße 22 cm x 15 cm x 2.6 cm
Gewicht 637 Gramm
Format Softcover
ISBN-13 9786138387305
Seiten 416

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