EXPLORING UNDER PRICING OF SELECT NSE-LISTED IPOs IN INDIA WITH RESPECT TO DIFFERENT MACRO-ECONOMIC SECTORS

Authors

  • Siddhartha Sankar Saha Head and Professor of Commerce Department of Commerce University of Calcutta Kolkata.
  • Ankita Samanta Research Scholar Department of Commerce University of Calcutta Kolkata.

DOI:

https://doi.org/10.33516/maj.v58i2.70-76p

Abstract

Initial Public Offerings (IPOs) are subscribed by the interested investors at the offer price or issue price. Eventually, under-pricing or over pricing is seen after listing of securities and many factors influence the price performance of IPOs. In this backdrop, the current study analyses the first day price performance of IPOs on the basis of the various macro-economic sectors of the NSE. The study explores the various measures of first day returns on the basis of the different categories of the NSE-based sectors of the sample IPOs companies.

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Published

2023-02-01

How to Cite

Saha, S. S., & Samanta, A. (2023). EXPLORING UNDER PRICING OF SELECT NSE-LISTED IPOs IN INDIA WITH RESPECT TO DIFFERENT MACRO-ECONOMIC SECTORS. The Management Accountant Journal, 58(2), 70–76. https://doi.org/10.33516/maj.v58i2.70-76p

Issue

Volume 58, Issue 2, February 2023

Section

IPO MARKET
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