Live
- PV Sindhu Centre for Badminton and Sports Excellence to come up in Visakhapatnam
- National Cancer Awareness Day: A Comprehensive Guide to Cancer Screenings — Which Tests Are Required and When
- Supreme Court orders liquidation of Jet Airways
- Hema Committee report: Kerala HC appoints amicus curiae to assist Govt in framing policies for women
- Mahindra clocks 13 pc jump in Q2 net profit as SUV, tractor sales surge
- India’s nutraceutical industry eyes global growth with support from Ayurveda: Centre
- Centre doubles penalty for stubble burning amid rising air pollution in Delhi-NCR
- Govt to give facelift to GGH, boost infra in PHCs
- No Uranium mining in Kappatralla village, Collector assures residents
- Fire erupts at private hospital in Nandyal, no casualties
Indian capital mkt at all-time peak
New Delhi: The India equity capital markets (ECM) hit a record high and raised $29.5 billion in the first half this year, up 144.9 per cent compared...
New Delhi: The India equity capital markets (ECM) hit a record high and raised $29.5 billion in the first half this year, up 144.9 per cent compared to a year ago, a report said, as follow-on public offers (FPOs) saw stupendous growth. Initial public offerings (IPO) from Indian companies raised $4.4 billion, up 97.8 per cent compared to the same period last year, and the number of IPOs jumped 70.6 per cent year-on-year, according to data shared by LSEG Deals Intelligence.
“Follow-on offerings, which accounted for 85 per cent of India’s overall ECM proceeds, raised $25.1 billion, up 155.7 per cent from a year ago, while the number of follow-on offerings grew 56.4 per cent year-on-year,” the report mentioned.
ECM issuance from India’s industrial sector accounted for the majority of the nation’s ECM activity with a 21.4 per cent market share worth $6.3 billion in proceeds, a 96.2 per cent increase from a year ago.
