AN ERA OF NEW-AGE OF INVESTMENT BANKING IN INDIAN FINANCIAL SERVICE INDUSTRY

Abstract

In this paper, we examines the influence of investment bank’s reputation on the IPO. The results show that firms which sponsored by prestigious investment banks more likely pass the regular’s screening process. In the past few years Internet-based investment banks have emerged that provide companies with another sales channel for selling their stock through initial public offerings (IPOs)

Issued through Internet Based Investment Banks. This paper provides an insight into the concept of financial intermediaries, Investment banking and its importance in IPO.