Khurshed, Arif; Paleari, Stefano; Pande, Alok; Vismara, … - In: Journal of Financial Markets 19 (2014) C, pp. 154-169
during the bookbuilding process and the subsequent performance of IPOs in the immediate aftermarket. We show that, to retail …India has the unique distinction of being the only country that releases information on the IPO bookbuilding process … investors, institutional bids in the early days of the bookbuilding process offer a coherent signal about the quality of the IPO …