Pricing strategy of ipos and what are the reason behind failure in ipos in india - Essay Example

I am aware of the policy on plagiarism and can understand its implications. I can produce a hard copy of this assignment as when demanded by the University. The Dissertation entitled Under Pricing and After Market Performance- a Study on Indian Initial Public Offering is the outcome of my sole effort with the advice and help of many. First I am grateful to the Almighty for the endless help and enthusiasm extended to me completing the work in time. I am also thankful to my Professor (Name here) for his/her valuable supervision and advice for producing a quality work.

Next, I am indebted to each and every friend of mine for the help and enthusiasm they extended to me for completing the work without much difficulty. I am also grateful to University (Name of the university) for the help and learning environment extended to me for studying and preparing a dissertation on finance. Finally, I would like to thank my parents for the warm influence and love which ha been a source of inspiration for me for the successful completion of the work. The work entitled under pricing and after market performance- A study on Indian Initial Public Offering is an attempt to examine the important determinants of under pricing and analyse the behaviour of initial public offering return and after market performance in Indian context.

The researcher takes a sample of 20 Indian Initial Public Offering listed on both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The samples are selected on a certain conditions to ensure the authenticity of the data collected and the generalisations arrived at after the completion of the work. Many research studies have been undertaken in the field of market under pricing and long rum market performance. Many of them came out with results that under pricing are a common phenomenon in the stock market IPO and the long term performance of common stock is exactly in