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Abstract
In this paper the relation between IPO performance and key financials have been examined. For this earnings per share, return on networth, debt to equity ratio and profiatbilty growth have been considered as key financials and IPO offer price, IPOs closing price and opening price of listing day were taken as IPO performance parameters. Multiple regression has been applied and developed models between keys financials as independent variables and IPO performance parameters as dependent variables. The data were collected from BSESME listed companies since 2012 onwards. The result of the study concluded that earning per share and return on networth are significant finacials to determine IPO offer price, listing day opening price and listing day closing price. This study is addition to the available literature by analyzing the impact of key financials on IPO performance in the emerging capital markets of small and medium enterprises.