Daftar Isi:
  • Initial Public Offering (IPO) is activity of company in order to public offer of primary share sale. A company who want to go public will be doing an IPO process. Phenomenon that happened commonly is underpricing. Underpricingisthepositive difference betweenthe stock priceatthe secondary marketor theinitialmarket priceduring the IPO.This study aims to analyse influence variabels which have an impact to underpricing at company when IPO in Indonesian Stock Exchange during 2010-2014. The factors studied were Proceeds, Leverage, and Current Ratio. This research methodology used descriptive analysis method and statistical analysis methods. The data used are secondary data with 72 issuer used in study. The hypothesis examination was performed using the F test and t test, with a significance level (α) of 5%. Analyzing data used a statistical data processing software SPSS 20.0 for windows. The result of regression analysis for this study indicates that leverage has a significant effect on underpricing. While proceeds and current ratio no effect on underpricing. Keyword : Underpricing, IPO, Proceeds, Leverage, Current Ratio