No abstract

No abstract

An Initial Public Offering (IPO) is one of the vital types of public offering where private companies raise funds from the public at first time and later on these shares are traded on  stock exchanges for liquidation by the investors. Pricing of securities on the stock market is based on various factors such as performance of the company, age of the company, IPO grading, Net Asset Value, etc. During listing, the common experience on pricing are underpriced, overpriced or correctly priced. In this paper, the author has done a conceptual study and experimented, by reviewing the various papers on factors influencing IPO and prepared a Conceptual model and analyzed by taking IPOs from January 2018 to March 2018.It is revealed that the performance of the company has impact on the pricing of securities on stock market. It is found from the study that most of the companies’ stocks are underpriced by the underwriter.