India Inc raises ₹6 trillion from equity, debt markets in 2018 : Report
Live MintNew Delhi: Indian companies have raised nearly ₹ 6 lakh crore from equity and debt instruments in 2018, but volatile market conditions brought down the kitty by 30 per cent. Out of the cumulative ₹ 5.9 lakh crore garnered so far this year from capital markets, a large chunk or ₹ 5.1 lakh crore has been mopped up from the debt market and the remaining amount of about ₹ 78,500 came from equity markets, figures compiled by data analytics major Prime Database showed. Despite getting regulator Sebi’s go-ahead to float initial share-sales worth over ₹ 60,000 crore in 2018, the year saw a total of 24 IPOs raising only ₹ 30,959 crore. However, the small and medium enterprise platform witnessed hectic activities in the IPO space, raising ₹ 2,254 crore in 2018 -- much higher than ₹ 1,679 crore collected last year.