Working capital requirements News
The funds have been raised for business expansion plans, repayment of loan, meeting working capital requirements and for other corporate purposes.
Indian firms raised over Rs 4,300 crore through issuance of shares to institutional investors during April-November period of the current fiscal, a sharp plunge of 67 percent from a year-ago period.
A large chunk of this amount or more than Rs 85,136 crore has been mopped up from debt market, while Rs 20,406 crore has been mobilised via equity route.
As many as 18 small and medium enterprises have lined up their initial public offers (IPOs) to fund business expansion and meet working capital requirements.
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