Gupta, Vikas; Singh, Shveta; Yadav, Surendra S. - In: Journal of Advances in Management Research 17 (2019) 3, pp. 351-368
Purpose: The unique regulatory design of India provides us with the opportunity to disaggregate traditional initial public offering (IPO) underpricing into three categories: voluntary, pre-market and post-market. The presence of anchor investors in India makes it a compelling case to study....