IPO PERFORMANCE ANALYSIS: BEFORE VS AFTER LISTING

This study explores the performance of Initial Public Offerings (IPOs) in the Indian stock market, both before and after their listing. The paper compares listing-day gains, short-term performance (up to six months), and the long-term stability of IPOs using secondary data. It also examines the relationship between subscription levels, market sentiment, and actual post-listing performance. The findings reveal a consistent trend of initial overpricing, often followed by corrections in long-term returns. The study contributes to the ongoing discussion about IPO pricing efficiency, investor behavior, and sectoral performance trends in emerging markets