Economic Survey 2022: This is the first time ever that more than ₹1 lakh crore has been raised in any financial year through equity issues via various modes such as IPO, rights, and QIP.
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 private sector lender said it will file its December quarter results by March 14; it is in talks with potential investors including J.C. Flowers and Silver Point Capital for a cash infusion.
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.
