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Equity fundraising sees 62% spike in FY20; coronavirus could hit IPOs

As many as 26 companies -- with approval from Securities and Exchange Board of India (Sebi) -- are looking to raise nearly Rs 26,056 crore from IPOs

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Overall, equity fundraising via various routes stood at Rs 91,670 crore in FY20, compared to Rs 56,485 crore in previous financial year

Jash Kriplani Mumbai

2 min read Last Updated : Apr 01 2020 | 8:45 PM IST

The financial year 2019-2020 saw 62 per cent jump in equity fundraising, with Rs 20,350 crore of funds raised by initial public offerings (IPOs) and Rs 51,216 crore of funds raised by already listed companies through qualified investor placement (QIP) route.

On Wednesday, primedatabase.com released the data on primary market activity FY20, while also pointing out that the IPO activity is expected to see sharp slowdown amid the Coronavirus outbreak.

As many as 26 companies -- with approval from Securities and Exchange Board of India (Sebi) -- are looking to raise nearly Rs 26,056 crore from IPOs, while another six

Topics : Coronavirus Lockdown Markets equity fundraising Equity funds

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