Fundraising via markets falls 31% in Sept.

Companies garnered over ₹75,000 crore from capital markets in September, a decline of 31% from the preceding month, with private placement of debt instruments continuing to be the most-preferred route for financing business. The funds were mopped up mainly for business expansion plans, loan repayments and working capital requirements.

According to data available with SEBI, companies raised a total of ₹75,230 crore in September as compared to ₹1.1 lakh crore in August by way of issuing equity and debt securities.

Out of the ₹75,230 crore, ₹64,389 crore was mopped up from private placement of debt securities and ₹9,022 crore through private placement of equity.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.