“INVESTMENT IN IPO: AN ANALYSIS”
Submitted in partial fulfillment of the requirements
For the award of the degree of
Master of Business Administration (2006-2008)
TABLE OF CONTENTS
* ABSTRACT……………………………………………………2 * INTRODUCTION ABOUT IPO………………………………..9
-EVOLUTION AND GROWTH OF INDIAN PRIMARY MARKET
-REGULATORY FRAMEWORK
-PROCEDURE FOR IPO
-BUY BACK OF SHARES
-ROLE OF INTERMEDIARIES
-IPO GRADING * REVIEW OF LITERATURE * RESEARCH METHODOLOGY * ANALYSIS AND INTREPRETATION * FINDINGS AND CONCLUSIONS * SUGGESTIONS * REFERENCES
ABSTRACT
This project gave me a great insight about the IPO and its Process. The purpose of this Project was to understand the IPOs that were issued in the last 2-3 months; buyback of shares; IPO Grading and Reforms in IPO Process.
The IPO was an extensive learning experience in which I involved myself with the live issues hitting the market. I began my study by going through the SEBI guidelines regarding eligibility norms, pricing structure, requirements of the promoters and their obligations, post issue obligations, book building guidelines etc.
I enhanced my understanding over IPO issues of various companies by going through their Bid-cum application forms and the Red-Herring prospectus, which contained all the information regarding the issue, purpose of the issue, all the financials and results for the past 3-5 years and many other details which are required by an investor for a sound analysis.
Proper study of few IPOs has been done by going through their past financials, business structure, investments, expansion strategies, growth potential, valuations etc.
The Project report starts with defining the various public issues with the need for the company to take out an IPO. It goes on further to explain the advantages of an IPO. It analyses in detail the Indian IPO Scenario. It explains the evolution of the IPO in India and explains how
References: 1. Khan M. Y .and Jain. P.K (2005). Financial management. Pearson publications WEBSITES