Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Post listing IPO returns and performance in India: An empirical investigation Subject The topic of the resource IPO performance; IPO underpricing; Listing gains; Market adjusted short run performance model; Subscription ratio; Wealth relative model Description An account of the resource Objectives: (a) To analyse the performance of Indian IPOs in the short term. (b) To determine the significance of abnormal return of the IPOs. (c) To study the impact of over-subscription, profit after tax, promoters' holdings, issue price and market returns on IPO performance. Design/ Methodology/Approach: This research paper is based on empirical analysis. All the 52 IPO's listed in the NSE (National Stock Exchange, India) during the year 2018 to 2020 were considered for the study. The study is based on secondary data. The daily share price and Nifty-50 index value were taken from NSE website (www.nseindia.com) and other relevant data from red-herring prospectus of the respective company. The research / statistical tools used are: Market adjusted short run performance model, Wealth relative model, 't' test and regression analysis. Scope of the study: The scope of the study is limited to the IPO's listed only in the National Stock Exchange (NSE), India. Period of study: The study covers a period from January 2018 to December, 2020. Limitation of the study: The study considers only the influence of the external factors on the performance of IPOs. Findings: The average IPO return on the first trading day is 13.52%, ranging from -23.15% to 82.16% with standard deviation of 26.72%. The average IPO return on the third trading day was the highest and is found to be14.52%, ranging from -19.22% to 117.55% with standard deviation of 18.57%. The analysis reveals that the over subscription impacts the IPO performance and the other factors namely, issue price, Profit after Tax, market returns and promoters holdings do not influence IPO returns. Originality / Value: This is an original work that analyses the listing gain or loss and the post listing performance of IPO's in India and other factors that might influence the listing gain or loss. Copyright 2021. T. Ramesh Chandra Babu and Aaron Ethan Charles Dsouza. Distributed under Creative Commons Attribution 4.0 International CC-BY 4.0 Creator An entity primarily responsible for making the resource Babu T.R.C.; Dsouza A.E.C. Source A related resource from which the described resource is derived IBIMA Business Review, Vol-2021 Publisher An entity responsible for making the resource available IBIMA Publishing Date A point or period of time associated with an event in the lifecycle of the resource 2021-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.5171/2021.418441" target="_blank" rel="noreferrer noopener">https://doi.org/10.5171/2021.418441</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85113384595&amp;doi=10.5171%2F2021.418441&amp;partnerID=40&amp;md5=d683bdb30643dd2198db95de918614dc" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85113384595&amp;doi=10.5171%2f2021.418441&amp;partnerID=40&amp;md5=d683bdb30643dd2198db95de918614dc</a> Rights Information about rights held in and over the resource All Open Access; Gold Open Access Relation A related resource ISSN: 19473788 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Babu T.R.C., CHRIST University, Bangalore, India; Dsouza A.E.C., CHRIST University, Bangalore, India