International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

Impact Factor* - 6.2311


**Need Help in Content editing, Data Analysis.

Research Gateway

Adv For Editing Content

   No of Download : 179    Submit Your Rating     Cite This   Download        Certificate

A STUDY ON VOLATILITY OF INITIAL PUBLIC OFFERING ON LISTING DAY IN NATIONAL STOCK EXCHANGE

    2 Author(s):  GOWTHAM G ,TULASI RAM S

Vol -  10, Issue- 5 ,         Page(s) : 72 - 78  (2019 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

Initial Public Offer is a way for a company to raise capital from public for its future projects and gets listed in Stock Exchanges. On listed day it may be under performed or over performed. In last five years 113 companies were listed in stock market. However, only 68 IPOs performed well and given good returns to their investors by the evening of the listing day. This present research considered this point as a research scope with existing literature. Taken last fivers data for the research and out of 113, 100 companies considered for research due to non-availability of data hence it is considered as census method adopted. By using Market adjusted excess return, descriptive statistics and Co- relation tools researcher found that there is positive correlation between company’s fundamentals and performance in IPO market.

[1]. Iqbal (2018), “Pricing and performance of IPOs”: Evidence from Indian stock market”, Cogent Economics & Finance, Volume 6, Issue 1
[2]. Manpreet (2017), “Public Offer’s performance - An Analysis of NSE Listed Companies”, IOSR Journal of Business and Management (IOSR-JBM), Volume 19, Issue 7. Ver. IV. (July 2017), PP 33-43
[3]. Ravindra (2016), “Performance Evaluation of IPO’s in India”, EPRA International Journal of Economic and Business Review, Vol - 4, Issue- 9
[4]. Poornima (2016), “A Study on the Performance of Initial Public Offering of Companies Listed in NSE India”, International Journal of Research in Finance and Marketing (IJRFM), Vol. 6 Issue 11, pp. 31-46
[5]. Ambily (2016), “A study on Performance of Ipo’s under NSE from issue price to last trading price in the year 2013-2015”, Global Journal of Finance and Management, ISSN 0975-6477 Volume 8, pp. 43-48
[6]. Pramod (2016), “A REVIEW OF INITIAL PUBLIC OFFERINGS (IPOs) IN INDIA – AN EMPIRICAL STUDY”, BRDU International Journal of Multidisciplinary Research, Global Journal of Finance and Management, Volume-1, Issue-XII
[7]. Disha and Akash (2016), “Price Performance of Initial Public Offerings (IPOs): Evidence from Indian Capital Market from 2007-2014”, Apeejay Journal of Management and Technology, Volume 11, Number 2, PP. 62 - 72
[8]. Shreya and Preksha (2016), “Listing Day Performance of IPOs During 2012-2016”, PODAR PRABODHAN, Vol. 4, ISSN: 2454-6739
[9]. Nishant (2015), “Initial Performance of IPO’s in India: Evidence from 2010-2014”,       Samvad, Volume IX
[10]. Ramesh (2015), “Performance Analysis of Initial Public Offering in Indian Context”, Splint International Journal of Professionals, Vol.-2, No.-9, ISSN 2349-6045
[11]. S Kumar (2014), “Persistence of Listing Day Abnormal Returns on Stocks in Indian Stock Market – An Analysis”, IJSR - International Journal of Scientific Research, Volume:3, Issue: 6, ISSN No 2277 - 8179
[12]. H Divya (2013), “A study on performance of Indian IPO’s during the financial year 2010-2011”, International Journal of Marketing, Financial Services & Management Research, Vol.2, No. 7, ISSN 2277- 3622
[13]. Ravi (2011), “Price Performance of IPOS in Indian Stock Market”, Euro Economica, ISSN: 1582-8859

*Contents are provided by Authors of articles. Please contact us if you having any query.






Bank Details