underpricing in India. The underpricing of IPOs is a serious problem for any economy. On the one hand, high underpricing tendency … underpricing of IPOs thus hampers the growth opportunities and creates instability in the secondary market.In India, introduction …This paper is an attempt to empirically explore the determinants of underpricing of IPOs in the Indian Capital Market …

the economy. The present study attempts to understand the Underpricing of IPOs in the Indian market post liberalization … literature suggests that the underpricing has significant impact upon the performance. There is dearth of longitudinal studies of … underpricing impacting the performance of the IPO stocks in both long term and short term in the Indian context. IPO performance …

The book-building procedure for selling initial public offerings to investors has captured significant market share … from auction alternatives in recent years, despite significantly lower costs in both direct fees and initial underpricing … when using the auction mechanism. This paper shows that in the French market, where the frequency of book-building and …