International Journal of Management, IT and Engineering
  • Year: 2018
  • Volume: 8
  • Issue: 1

A study on listing day performance of Initial Public Offerings (IPOS) companies listed in BSE index

  • Author:
  • Nilam Panchal
  • Total Page Count: 10
  • Page Number: 234 to 243

Associate Professor, B.K. School of Business Management, Gujarat University

Online published on 18 October, 2019.

Abstract

Initial Public Offer (IPO) has become one of the preferred investments for the investor. In the recent years many companies has come up with IPO to raise funds to their requirements. Investing in IPO is considered as one of the risky investments because the market behavior is not known especially in volatile share market. Performance of the IPO varies in accordance with the market i.e. bullish to bearish. Interests of the investors are influenced by the market trend and thus the performance of the IPO. IPOs can be a risky investment. For the individual investor, it is tough to predict about the performance of stock or shares on its initial day of trading. In this study the performance of IPO'S from offer price to closing price on the trading day in India during, 2008 to 2018, listed in Bombay Stock Exchange (BSE) India are examined. Researcher found that there is, on the average, significantly positive return. This paper analyses the performance IPOs for the companies listed in BSE Index.