Sahoo, Seshadev; Rajib, Prabina - In: International Journal of Financial Services Management 4 (2010) 2, pp. 95-113
subscribed, age of the firm, book value, leverage, market volatility and ex-ante uncertainty along with post-issue promoter … groups holding on IPO underprice. On using a sample of 92 IPOs, we find IPOs are underpriced at an average of 46.55% during …
