Ritchie, Michael; Dimovski, William; Deb, Saikat Sovan - In: Journal of Property Research 30 (2013) 1, pp. 24-46
This paper explores the underpricing of initial public offerings (IPOs) made by infrastructure companies in India from 2004 to 2010, and follows Dimovski who reported that in the Australian market, infrastructure IPOs did not produce underpricing returns that were statistically significantly...