Pricing of issues; SBI Capital Markets Limited

Abstract

The project report is broadly divided into two parts. Part one aims at a qualitative evaluation of the issue procedures and related matters. Part two aims at quantifying the relative importance of various factors related to primary market issue through conjoint Measurement of investor rationale. An overview of the present primary market condition is given and the reasons for the same are identified as adjustment time to free pricing regime. crash in secondary market. and misinterpretation of concept of free pricing by different agents involved in issue management.