IPO Underpricing & Ownership Impact on Indian Stock Performance Unveiled
The article examines how factors like underpricing, ownership, and liquidity affect the performance of IPO stocks in India after market liberalization in 1993. By analyzing data from 2000-2010, the researchers found that these factors interact to influence the success of IPOs in both the short and long term. This study fills a gap in existing research by considering how these factors work together, rather than in isolation, to impact IPO performance.