Financial Performance Analysis of IPO’s (Selected Companies)-National Stock Exchange Market

V Mahalakshmi; K Kamaraj

V Mahalakshmi Assistant Professor, Department of Management Studies, Saranathan College of Engineering, Trichy, Tamil Nadu, India
K Kamaraj Director, Roever Institute of Management, Perambalur, Tamil Nadu, India

Keywords: Captial Market, Initial Public Offering, SEBI, RBI, Indian Capital Market

Abstract

Indian Securities Market is governed by SEBI and RBI which protect the investors and in the capital markets. Now the capital market is augmented with technologically sound trading platforms which increased the investors in recent years and simplified the process. India is holding a reasonable share of the global economy and the capital market is obligatory in the pecuniary system of the country. In this research work, the researcher aimed to estimate the outperformance of selected 30 Initial Public Offerings (IPOs) which were offered between Jan 2014 and Mar 2016 and got listed on National Stock Exchange. Secondary data was collected from the official website of the National stock exchange. Stock Return, Standard Deviation, Correlation, Simple Regression, Co-Variance, Beta was calculated using Microsoft Excel. The result indicates that all the securities returns have performed positively with respect to the indices return.