ISSN

2321-5763 (Online)
0976-495X (Print)


Author(s): Amit Hedau

Email(s): amithedau21@gmail.com

DOI: 10.5958/2321-5763.2018.00112.9   

Address: Dr. Amit Hedau
Symbiosis International University, Pune
*Corresponding Author

Published In:   Volume - 9,      Issue - 1,     Year - 2018


ABSTRACT:
IPO is the buzz word in the capital market across the world. Though the offer price is calculated using historical financial information, offer price do not sustain for long period after IPO. In most of the countries including India, it is observed majority of IPO are trading at a price lower than the offer price. Using the CAAR, BHAR and Wealth Relative Index, this paper analysed the long run performance (up to 18 months post listing period) of the IPOs offered in the Indian capital market during January 2007- December 2015. Findings of the paper are in consistent with the international evidence. This study can be useful to the corporations who are planning IPOs in the near future to understand dynamics of Indian capital market.


Cite this article:
Amit Hedau. Long Run Performance of IPO-Empirical Evidence from Indian Capital Market. Asian Journal of Management. 2018; 9(1):723-729. doi: 10.5958/2321-5763.2018.00112.9


Recomonded Articles:

Author(s): Sharon Valarmathi,Christo Jossy, Ashwin Babu

DOI: 10.5958/2321-5763.2018.00019.7         Access: Open Access Read More

Author(s): Bibhu Prasad Sahoo, Karman Kaur

DOI: 10.5958/2321-5763.2017.00162.7         Access: Open Access Read More

Author(s): Suresh Chandra Bihari

DOI:         Access: Open Access Read More

Author(s): Shabana Gandhi

DOI:         Access: Open Access Read More

Author(s): Abhin. J, Diljith. P, A. Ananth

DOI: 10.5958/2321-5763.2018.00139.7         Access: Open Access Read More

Author(s): Prateek Sharma, Samit Paul

DOI: 10.5958/2321-5763.2015.00016.5         Access: Open Access Read More

Asian Journal of Management (AJM) is an international, peer-reviewed journal, devoted to managerial sciences. The aim of AJM is to publish the relevant to applied management theory and practice...... Read more >>>

RNI: Not Available                     
DOI: 10.5958/2321-5763 


Recent Articles




Tags