The purpose of this paper is to investigate the market timing behaviour of issuers of Indian Initial Public Offerings (IPOs). The declining trend in variables reflecting investor's sentiments and expectation in post IPO period suggested that firms took advantage of over-optimism of investors....

The study examines the following two interrelated research issues: (i) how the operating performance of Indian firms changes around the time firms do their Initial Public Offerings (IPOs)? and (ii) how the post-IPO performance of Indian firms is related to the changes in insiders' ownership...

SEBI, the Indian securities market regulator has set a unique example for the entire world by introducing IPO grading in India. The purpose of this grading was to provide retail investors with a ready-made assessment of the fundamental quality of the issuer of an IPO, so they could make a better...