IPO pricing: empirical evidence from India and Australia | |
| Author | Shrestha, Abhi Krishna |
| Call Number | AIT RSPR no.SM-14-13 |
| Subject(s) | Going public (Securities)--India Going public (Securities)--Australia |
| Note | A research submitted inpartial fulfillment of the requirements for the degree of Master of Business Administration |
| Publisher | Asian Institute of Technology |
| Abstract | IPO pricing is influenced by various factors, which may or may not hold true in all circumstances. IPO pricing is fundamentally a negotiation process among the issuer, underwriter and key investors. However, after the study, a strong suggestion would be to consider regulating body’s supervision in pricing an IPO. Out of the 3 underlying theories tested, the following research study found that age and lock-in percentage are negatively correlated to underpricing. Further, this research also suggests that shareholding structure of a company heavily influences the company’s decision-making. Thus shareholding structure also affects the IPO price. |
| Year | 2014 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Venkatesh, Sundar;Donyaprueth Krairit; |
| Examination Committee(s) | Blasco, David Camino;Supasith Chonglerttham; |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2014 |