Satish K Mittal <br/><br/>
The Model Predictability Power to explain underpricing in Bookbuild IPO  A Study of Indian Capital Market 

 - Noida  Indian Institute of finance   2022 
 - Vol XXXVI NO 2 June 2022 :- Pg. 663-680 
<br/><br/> This attempt is made to empirically explore the determinants of underpricing of Initial Public Offerings in the Indian Capital Market with the help of (OLS Regression and Stepwise Regression method by transformation of variables. This study considered 335 book build IPOs for the period Jan 2006 to Dec 2015. This study Considered 335 book build IPOs For the period Jan 2006 to Dec 2015 .This study reveals that variables predictability varies as different models are applied. It is proven that the transformation model has strong predictability varies as different models are applied. It is proven that the transformation model has strong predictability power to explain under pricing by OLS regression method while  the stepwise regression method also produces strong predictable power with the help of transformation of  variables.  
<br/><br/><label>Subjects--Topical Terms: </label><br/>Capital Market
<br/><br/><label>Subjects--Facted Index Terms: </label><br/>OLS regression<br/>Financial Markets