| Summary: | There are two purposes of this study, first, is to know the existence of underpricing IPO (Initial Public Offering) in BEI in the period of 2008 until 2012. Second, is to know the occurrence of IPO stabilization activity in BEI year 2008 to year 2012. This study was conducted on all companies that has gone public which listed by BEI in year 2008 until 2012. Purposive sampling is used as the sampling method on this study and underpricing formula, Kolmogorov Smirnov, Skewness, the difference in mean and median are used to estimate the result of this study.
Based on this study, it is possible to conclude that underpricing did occur in the IPO activity that happen in 2008 until 2012. Alongside with the underpricing occurrence, the activity of IPO stabilization also did occur afterwards to diminish the effect of underpricing.
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