India Inc raise record Rs 2.9L-cr fundraising in Samvat 2081

Mumbai: Indian equity markets witnessed a record-breaking year of fundraising between last Diwali and this Diwali, with companies mobilising the highest-ever amount through mainboard IPOs, SME IPOs, and qualified institutional placements (QIPs) in Samvat 2081.

During Samvat 2081, as many as 433 Indian firms raised over Rs 2.9 lakh crore through various routes, up from Rs 2.53 lakh crore raised by 429 firms in Samvat 2080.In comparison, 251 firms had raised around Rs 79,900 crore in Samvat 2079, while 165 firms collected Rs 1.07 lakh crore in Samvat 2078.

The achievement came even as secondary market activity remained subdued and listing gains were relatively weak, highlighting the continued confidence of investors across all categories.Of the total fundraising this year, 111 companies garnered nearly Rs 1.8 lakh crore through mainboard IPOs, while 275 small and medium enterprises (SMEs) mobilised Rs 11,860 crore.