A Study on Performance Evaluation of Initial Public Offering (IPO)

Authors

  • BHADRAPPA HARALAYYA Associate Professor and HOD , Master of Business Administration, Lingaraj Appa Engineering College, Gornalli, Bidar ,Karnataka -
  • Jeelan Basha V Dean and Professor of Commerce , Vijayanagara Sri Krishnadevaraya University, Bellary, India.
  • Nitesh S Vibhute Assistant Professor Faculty Of Business Studies Mba, Sharnbasva University Kalaburagi, India.

Keywords:

IPO, Financial leverage, Institutional Investorsare, NAV, Ownership Retention

Abstract

Michelacci and Suarez (2004) showed that when an industry is growing rapidly more start-up firms try to enter and vie with one another for financing their projects. Under these circumstances VC find greater opportunities. The increased demand for VC funding could increase the cost of funds to the start-ups and they tend to go public.
Initial Public offerings (IPO) has been one of most popular routes chosen for raising funds by any growing company. It is a common experience that many IPOs are underpriced. These study attempts find out the factors which influence the under pricing decision. Earlier researchers had found the influence of financial factors like ownership retention, size of the issue, age of the firm, debt-equity ratio, NAV and non- financial factors like underwriter’s reputation, venture capital funding.

References

Haralayya B, Aithal PS. A Study On Structure and Growth of Banking Industry in India. International Journal of Research in Engineering, Science and Management 2021; 4(5): 225-230.

Haralayya B. Retail Banking Trends in India ,International Journal of All Research Education and Scientific Methods 2021; 9(5): 3730-3732.

Haralayya B, Aithal PS. Factors Determining The Efficiency In Indian Banking Sector: A Tobit Regression Analysis. International Journal of Science & Engineering Development Research 2021; 6(6): 1-6.

Haralayya B, Aithal PS. Implications of Banking Sector On Economic Development In India. flusserstudies 2021; 30:1068-1080.

Haralayya B, Aithal PS. Study on Productive Efficiency of Financial Institutions. International Journal of Innovative Research in Technology 2021; 8(1): 159-164.

Haralayya B. Study of Banking Services Provided by Banks in India. International Research Journal of Humanities and Interdisciplinary Studies 2021; 2(6): 06-12.

Haralayya B, Aithal PS. Analysis of Bank Performance Using Camel Approach. International Journal of Emerging Technologies and Innovative Research 2021; 8(5): 305-314.

Haralayya B, Aithal PS. Analysis of Bank Productivity Using Panel Causality Test. Journal of Huazhong University of Science and Technology 2021; 50(6): 1-16.

Haralayya B, Aithal PS. Inter Bank Analysis of cost efficiency using mean. International Journal of Innovative Research in Science, Engineering and Technology 2021; 10(6): 6391-6397.

Haralayya B, Aithal PS. Analysis of total Factor Productivity and Profitability Matrix of Banks by Hmtfp and Fptfp. Science, Technology and Development Journal 2021; 10(6): 190-203.

Haralayya B, Aithal PS. Analysis of Banks Total Factor Productivity By Aggregate Level. Journal of Xi’an University of Architecture & Technology, Volume 13, Issue 6, June- 2021 ,Page no: 296-314.

Haralayya B, Aithal PS. Analysis of Banks total Factor Productivity by Disaggregate level. International Journal of Creative Research Thoughts 2021; 9(6): 488-502.

Haralayya B. Importance of CRM in Banking and Financial Sectors. Journal of Advanced Research in Quality Control and Management 2021; 6(1): 8-9.

Haralayya B. How Digital Banking has Brought Innovative Products and Services to India. Journal of Advanced Research in Quality Control and Management 2021; 6(1): 16-18.

Haralayya B. Top 5 Priorities That will Shape The Future of Retail Banking Industry in India. Journal of Advanced Research in HR and Organizational Management 2021; 8(1&2): 17-18.

Haralayya B. Millennials and Mobile-Savvy Consumers are Driving a Huge Shift in The Retail Banking Industry. Journal of Advanced Research in Operational and Marketing Management 2021; 4(1): 17-19

Haralayya B, Aithal PS. Performance Affecting Factors of Indian Banking Sector: An Empirical Analysis. George Washington International Law Review 2021; 7(1): 607-621.

Haralayya B, Aithal PS. Technical Efficiency Affecting Factors in Indian Banking Sector: An Empirical Analysis. Turkish Online Journal of Qualitative Inquiry 2021; 12(3): 603-620.

Haralayya B, Aithal PS. Implications of Banking Sector on Economic Development in India. George Washington International Law Review 2021; 7(1): 631-642.

Haralayya B, Aithal PS. Study on Productive Efficiency of Banks in Developing Country. International Research Journal of Humanities and Interdisciplinary Studies 2021; 2(5): 184-194.

Haralayya B, Aithal PS. Study on Model and Camel Analysis of Banking Iconic. Research and Engineering Journals 2021; 4(11 ): 244-259.

Haralayya B, Aithal PS. Analysis of cost efficiency on scheduled commercial banks in India. International Journal of Current Research 2021; 13(6): 17718-17725. Available at: https://www.journalcra.com/sites/default/files/issue-pdf/41580.pdf

Haralayya B. Core Banking Technology and Its Top 6 Implementation Challenges. Journal of Advanced Research in Operational and Marketing Management 2021; 4(1): 25-27

Vibhute NS, Jewargi CB, Haralayya B. Study on Non-Performing Assets of Public Sector Banks. Iconic Research and Engineering Journals 2021; 4(12): 52-61. Available at https://irejournals.com/formatedpaper/1702767.pdf

Jeelan BV, Haralayya B. Performance Analysis of Financial Ratios Indian Public Non-Life Insurance, Sector 2021.

Haralayya B. Testing Weak Form Efficiency of Indian Stock Market-An Empirical Study on NSE. Emerging Global Strategies for Indian Industry, 2021. Available at SSRN: https://ssrn.com/abstract=3837488

Vinoth S, Vemula HL, Haralayya B et al. Application of cloud computing in banking and e-commerce and related security threats. Materials Today: Proceedings, 2021.

Jeelan BV. Financial Performance Analysis of Post-Merger and Acquisition. International Journal of Business and Administration Research Review 2016; 1(1).

Jeelan BV. Empirical Study on Estimation of Value using Constant Dividend Growth (Gordon) Model: With Special Reference to Selected Companies. International Journal of Management and Social Sciences Research 2014.

Jeelan BV. Empirical Study on Determinants of Foreign Exchange Rates with Reference to Indian Rupee v/s US Dollar. International Journal of Business and Administration Research Review 2015; 2(10).

Jeelan BV. An Empirical Study on Relationship between Future and Spot Price. International Journal of Current Research 2016; 8(6): 33775-33779.

Jeelan BV. A Study on Private placement-A Key to Primary Market. International Multidisciplinary E-Journal 2015.

Jeelan BV. Examination of GARCH Model for Determinants of Infosys Stock Returns. International Journal of Current Research 2015; 7(12): 24811-24815.

Jeelan BV. Impact of Buyback Announcements on Stock Market in India. Global Journal For Research Analysis 2015.

Jeelan BV. An Empirical Study on Analysis of Stock Brokers in Indian Stock Markets with Special Reference Cash Market (oct 18, 2014). Indian Journal of Applied Research 2014.

Jeelan BV. Performance Evaluation of Mutual Funds with Special Reference to Selected Schemes. International Journal of Current Research 2015; 7(4): 15316-15318.Available at SSRN: https://ssrn.com/abstract=3874744

Jeelan BV. Wealth Maximization: An Empirical Analysis of Bonus Shares and Right Issue. Indian Journal of Applied Research 2014.

Jeelan BV. Forecasting Imports of India Using Autoregressive Integrated Moving Average. International Journal of Business and Administration Research Review 2015. Available at SSRN: https://ssrn.com/abstract=3874812

Jeelan BV. Comparative Study on NPAs (With Special Reference to Scheduled Commercial Banks, Public Sector Banks and Foreign Banks in India) (april 27, 2016). Global Journal For Research Analysis 2015.

Jeelan BV. An Empirical Study on Analysis of Stock Brokers in Indian Stock Markets with Special Reference Cash Market (oct 18, 2014). Indian Journal of Applied Research 2014.

Jeelan BV. Performance Evaluation of Mutual Funds with Special Reference to Selected Schemes. International Journal of Current Research Analysis 2015; 7(4): 15316-15318. Available at SSRN: https://ssrn.com/abstract=3874744

Jeelan BV. Wealth Maximization: An Empirical Analysis of Bonus Shares and Right Issue. Indian Journal of Applied Research 2014.

Jeelan BV. Forecasting Imports of India Using Autoregressive Integrated Moving Average. International Journal of Business and Administration Research Review 2015. Available at SSRN: https://ssrn.com/abstract=3874812

Jeelan BV. Comparative Study on NPAs (with Special Reference to Scheduled Commercial Banks, Public Sector Banks and Foreign Banks in India). Global Journal For Research Analysis 2016. Available at SSRN: https://ssrn.com/abstract=3874821

Jeelan BV. Testing for Granger Causality between BSE Sensex and Forex Reserves: An Empirical Study (november 27, 2015). International Journal of Current Research 2015; 7(11): 23381-23385. Available at SSRN: https://ssrn.com/abstract=3874814

Jeelan BV. A Study on Type and Method of Issues-A Corner Stone of Primary Market. International Journal of Business and Administration Research Review 2015.Available at SSRN: https://ssrn.com/abstract=3874808

Published

2022-02-22

How to Cite

BHADRAPPA HARALAYYA, Jeelan Basha V, & Nitesh S Vibhute. (2022). A Study on Performance Evaluation of Initial Public Offering (IPO). Journal of Advanced Research in Public Policy and Administration, 3(2), 12-26. Retrieved from https://adrjournalshouse.com/index.php/Journal-PublicPolicy-Administrat/article/view/1417