India Inc’s equity fundraising surges past Rs 1.11 lakh crore on strong inflows in July-August
IPO activity remained particularly strong, garnering more than 40% of the funds raised. So far this month, 20 companies have collected more than ₹20,850 crore, adding on to the ₹28,650 crore raised by 12 companies in July. Listed companies have also stepped up qualified institutional placements (QIP), with four companies raising ₹3,250 crore so far in August, against ₹25,114 crore by eight…
India Inc's equity fundraising has surged past Rs 1.11 lakh crore in July and August, driven by strong inflows and improving investor sentiment. Corporate entities raised more than ₹1.11 lakh crore through mainboard initial public offerings (IPOs), qualified institutional placements (QIP), and offers for sale (OFS) in the two-month period, marking the highest since October-November 2024.
IPO activity accounted for more than 40% of the funds raised, with 20 companies collecting over ₹20,850 crore this month, adding to the ₹28,650 crore raised by 12 companies in July. Additionally, QIPs saw a significant increase, with four companies raising ₹3,250 crore in August, compared to ₹25,114 crore by eight companies in July.
The surge in capital-market activity is attributed to domestic liquidity, reasonable volatility, and confidence in individual companies, despite range-bound movements in key equity gauges.
Brief written by urgent.news from The Economic Times - Top News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
