Comparative Analysis of Underpricing and Subscription of SME IPOs and Main Board IPOs

  • Dr. Makarand S. Wazal
  • Sudesh Kumar Sharma

Abstract

ntroduced SME Platform on their exchanges alongwith Main Board Platform (for non-SMEs). SEBI has
eased the listing criteria for SMEs to make it more attractive. The focus of this study is to assess and compare efficiency of SME IPOs with respect to Main Board IPOs in terms of price discovery using
underpricing analysis. The study is based on sample of 1110 IPOs which comprises 526 SME IPOs and 584 Main Board IPOs that got listed on BSE, NSE and on th

Published
2020-02-12
How to Cite
Makarand S. Wazal, D., & Kumar Sharma, S. (2020). Comparative Analysis of Underpricing and Subscription of SME IPOs and Main Board IPOs. Our Heritage, 68(27), 726-742. Retrieved from https://archives.ourheritagejournal.com/index.php/oh/article/view/2572