Share holding's pattern and its impact on ipo underpricing: After indian stock market crisis in 2008 Bansal Rohit*, Dr. Khanna Ashu** *Research scholar Indian Institute of Technology, Roorkee, Uttrakhand, India. **Assistant Professor, Indian Institute of Technology, Roorkee, Uttrakhand, India. Abstract The initial public offering (IPO) is a prominent life cycle of a firm and has significant possessions on the firm's ownership structure. Ownership structure portrays a dominant role in shareholding pattern in initial public offerings. Paper navigates the association between ownership structure and the level of underpricing at Indian stock market. We assemble of a large sample of 83 firms for listed on Bombay stock exchange during market crisis 2008–2011. It argued that higher underpricing induces investor's participation. Shareholding patterns segmented into four divisions, i.e. Indian promoters, foreign promoters, Institutional non promoters and non institutional non promoters. Activating a sample of Indian IPOs of 83, for that, we confirm of statistically significant connection between ownership structures, i.e. Indian promoters, foreign promoters, institutional non promoters and non institutional non promoters, firm's age and level of underpricing. Comprehensive, our analysis recommends that only firm's age and non institutional non- promoters have been significant affected the level of underpricing. Over in attendance is negative relationship between firm's age and level of underpricing. There is positive relationship between non institutional non-promoters and level of underpricing. There is no momentous association between Indian promoters, foreign promoter and institutional non promoter's holding and level of underpricing. Top Keywords Bombay stock exchange, IPO underpricing, Indian primary market, IPO, Ownership structure, Share holding pattern. Top |