Merchant bankers are of the view that even though there are a lot of apprehensions around political stability, the long-term India growth story still looks intact and that would keep attracting newer companies to the market.
Indian companies raised around 5.38 trillion rupees ($64.95 billion) through private placements in 2022, largely aided by the banking system's massive cash surplus, data showed.
Shiv Sena MP Vinayak Raut raised the issue of the revision of pensions and other retirement benefits and urged the government to address the matter urgently.
Financial services major HDFC Ltd will raise the entire Rs 14,000 crore in a single tranche via a QIP of equity and warrants.
In comparison, 21 SMEs had launched initial public offers (IPOs) and raised Rs 180 crore during the April-September period of the previous fiscal, 2014-15.
Two such appeals were dismissed by the Appellate Authority through separate orders passed yesterday. In one case, an aggrieved shareholder of a listed company had requested for certified copies of documents related to a public issue, while the second RTI request was for information on a rights issue made in 1995-96
Sebi seems to be moving at the fastest pace in at least five years while taking up cases for investigations, but the same speed seems to be lacking in completing them.
Indian companies raised Rs 9,582 crore through public issues in the first half of the current fiscal, a decline of 22% vis-a-vis the corresponding year-ago period, primary market tracking firm Prime Database today said.