8 Short-Run Pricing Performance of Selected Indian IPOs During COVID-19 for Alternative Investment Avenue
Abstract
Small and Medium Enterprises (SMEs) act as a backbone for income generation in the economic growth of India. The new edge of funds generation in small and medium companies through public offering has been reasonably emerging, and the growth of SME IPOs in the secondary market has been extremely good. It can be noticed that numerous IPOs experience a quick surge in their trading prices on the day they are listed. Newly issued stocks often conclude their first trading day at a significantly higher price than their initial offering price. The present study examines the pricing and ...
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