A Study to Analyze the Impact of the Sub-Prime Crisis on IPOs
The study of the IPOs are for a period of 10 years; hence, each company that came out with an IPO between 2004 and 2013 has been studied in terms of the paid up capital raised initially and then broken down into six sectors according to the type of industry they belong. The research is based on the assumption that the subprime crisis had a global effect and hence many developed countries suffered in terms of fall in exports, rise in debt defaults and reduced earrings of the corporate. However, the effect on India was minimal but the worldwide panic was there. The researchers have studied the impact of the subprime crisis on the IPOs issued during pre- and post-subprime crisis. The researchers have used statistical test to study the impact of subprime crisis on the Indian stock market. This compilation is a culmination of comprehensive in-depth study as well as practical experience.