THE IMPACT OF PIPE DEALS ON INDIAN COMPANIES

This dissertation is an empirical study of the impact of PIPE deals on Indian companies. The private equity market in India especially PIPE has witnessed a very rapid growth in the recent past. As many Indian public companies are increasingly adopting the private route for funds mobilization and the...

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Main Author: Saraf, Rahul
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2008
Online Access:https://eprints.nottingham.ac.uk/22028/
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author Saraf, Rahul
author_facet Saraf, Rahul
author_sort Saraf, Rahul
building Nottingham Research Data Repository
collection Online Access
description This dissertation is an empirical study of the impact of PIPE deals on Indian companies. The private equity market in India especially PIPE has witnessed a very rapid growth in the recent past. As many Indian public companies are increasingly adopting the private route for funds mobilization and thereby choosing to make private offering only to sophisticated and qualified investors rather than issuing it publicly. This can be seen from the fact that in the year 2007 itself, around 387 companies raised $14,234 million through private placements. This empirical study is an attempt based on the event study methodology. The data set comprises of 15 companies, which issued 'private equity' in the year 2007. The report suggest that there are positive announcement effect associated to a PIPE deal which fades out after the initial period and the impact becomes negative in the long run.
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language English
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spelling nottingham-220282018-02-16T12:09:20Z https://eprints.nottingham.ac.uk/22028/ THE IMPACT OF PIPE DEALS ON INDIAN COMPANIES Saraf, Rahul This dissertation is an empirical study of the impact of PIPE deals on Indian companies. The private equity market in India especially PIPE has witnessed a very rapid growth in the recent past. As many Indian public companies are increasingly adopting the private route for funds mobilization and thereby choosing to make private offering only to sophisticated and qualified investors rather than issuing it publicly. This can be seen from the fact that in the year 2007 itself, around 387 companies raised $14,234 million through private placements. This empirical study is an attempt based on the event study methodology. The data set comprises of 15 companies, which issued 'private equity' in the year 2007. The report suggest that there are positive announcement effect associated to a PIPE deal which fades out after the initial period and the impact becomes negative in the long run. 2008 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/22028/1/08MAlixrs12.pdf Saraf, Rahul (2008) THE IMPACT OF PIPE DEALS ON INDIAN COMPANIES. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Saraf, Rahul
THE IMPACT OF PIPE DEALS ON INDIAN COMPANIES
title THE IMPACT OF PIPE DEALS ON INDIAN COMPANIES
title_full THE IMPACT OF PIPE DEALS ON INDIAN COMPANIES
title_fullStr THE IMPACT OF PIPE DEALS ON INDIAN COMPANIES
title_full_unstemmed THE IMPACT OF PIPE DEALS ON INDIAN COMPANIES
title_short THE IMPACT OF PIPE DEALS ON INDIAN COMPANIES
title_sort impact of pipe deals on indian companies
url https://eprints.nottingham.ac.uk/22028/