Returns From Investment in Initial Public Offers: A Study in Consistency of Returns

Authors

  • Nitin K. Tike
  • Praveena S. Muley

DOI:

https://doi.org/10.33516/rb.v42i1.178-187p

Keywords:

IPOs, Returns, Investors, Indian Stock Market.

Abstract

In the capital scarce economy of India, several corporates offer securities to investors for raising funds, and list these securities on stock exchanges. Different types of investors like retail, non-institutional and qualified institutional buyers invest through process of public issues. The present study observe returns given by investment in corporate equities vary over a period of time. The study period covers from 2001 to 2010. There are some investments which offer higher returns on listing day and there after the returns do not match with listing day returns. In other cases, there may be negative returns on the listing day; however the trend may change over a period of time.

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Published

2016-04-01

How to Cite

Tike, N. K., & Muley, P. S. (2016). Returns From Investment in Initial Public Offers: A Study in Consistency of Returns. Research Bulletin, 42(1), 178–187. https://doi.org/10.33516/rb.v42i1.178-187p

Issue

Volume 42, Issue 1, April 2016

Section

Articles
Crossref
Scopus
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Europe PMC

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