![Despite Covid-19, record capital raised in FY21](https://images.assettype.com/fortuneindia%2F2021-03%2Fd652b74b-8277-4f14-a868-f4909e06a69c%2FRajiv_story.jpg?w=300&q=95)
Despite Covid-19, record capital raised in FY21
The pandemic, ultimately, was unsuccessful in denting the country's capital raising confidence, as India Inc. raised over ₹1.88 lakh crore, beating the record of over ₹1.75 lakh crore raised in FY18.
The pandemic, ultimately, was unsuccessful in denting the country's capital raising confidence, as India Inc. raised over ₹1.88 lakh crore, beating the record of over ₹1.75 lakh crore raised in FY18.
A total of 1,132 NSE-listed companies spent ₹11,961 crore in FY19, an increase of 1.82 times over FY15, according to nseinfobase.com.
At ₹98,213 crore, total fund raising in 2019 fell short by over 41% as compared to 2017’s ₹1,66,544 crore; equity was short by 49% while public bonds issuance grew 161.7% from 2017.
FY2018 was the best year ever for the IPO market after the financial crisis