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India Inc raises Rs 1.4-lakh crore via equities in CY17

Analysts attribute this to the buoyant secondary market that has seen the benchmark indices - the S&P BSE Sensex and the Nifty 50 - rally nearly 25% thus far in CY17

Illustration: Ajay Mohanty
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Illustration: Ajay Mohanty

Deepak KorgaonkarPuneet Wadhwa Mumbai / New Delhi
Fund raising through the equity route hit an all-time high, touching Rs 1.4-lakh crore mark during the current calendar year 2017 (CY17). In all, companies raised a record Rs 140,073 crore in the 10-and-half months of CY17 (January - November 14, 2017) through various equity instruments.
This includes initial public offers (IPO), follow-on offers (FPO), offer for sale (OFS), rights issues, institutional placement programme (IPP) including qualified institutional placements (QIP).

Also Read: Stay away, lot of froth in IPO mkt, warns Jhunjhunwala
The amount is more than double as compared to the entire previous calendar year 2016 (CY16), when companies

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