Business Standard

Saturday, January 11, 2025 | 12:28 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Fund mobilisation via QIPs in 2019 is the second-highest in five years

In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route

MFs' equity portfolio hit hard during February corrections
Premium

Representative image

Deepak KorgaonkarPuneet Wadhwa Mumbai/ New Delhi
Fundraising via the qualified institutional placement (QIP) route gained momentum in calendar year 2019 (CY19). Given the revival in the equity market, a total of nine companies raised Rs 30,812 crore via the private placement route. This is 86 per cent higher compared to the previous year, and the second-highest amount raised via this route in the past five years. 

Over the past two months, four companies have garnered a cumulative Rs 22,400 crore via this route. In CY18, 25 firms had raised Rs 16,587 crore, while in CY17, as many as 43 firms had raised Rs 60,652 crore, according to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in