Published Paper Details:

Initial Public Offering (IPO) is the process of issuing shares to the public for the first time by an issuing company to the public directly (McDougal et al., 2019). To raise the required capital for the business, most organizations go for public issues, and IPO is an important source among them. But sometimes there will be a huge difference between the issue price and listing price, as happened in a recent Hyundai Motors IPO, post-listing on stock exchanges, and one-month, two-month, and three-month performance of IPOs. Therefore, this paper aims to study the short-term performance of IPO listed on the NSE. The data has been collected from the NSE official website from 10th Feb 2024 -10th Oct 2024. The Listing Day, One month, Two Months, Three months, Six months, and One-year average returns are calculated for analysis. This paper found that most of the IPOs are mispriced, and it was found that there was a massive difference between the Issue price and the listing price. Thus, this paper suggests that before investing in any IPOs, investors should evaluate the past performance of a company and should be cautious enough to decide on investments in IPOs. This paper is helpful for investors, stock broking houses, QIBs, etc., in making proper investment decisions.