Page 3 - Database Group News Today

Foreign holdings in NSE-listed companies was at 18.19% as of December 2023 down from 19.66% in December 2018 or 19.36% as of December 2013. FIIs holding hit a peak of 21.21% in December 2020.

Insurance companies, led by LIC with a substantial 68 percent share (Rs 13.02 lakh crore) in equity investments, collectively sold a net of Rs 15,622 crore during the quarter

Meanwhile, Life Insurance Corporation of India (LIC), India’s largest institutional investor, saw its share (across 277 companies where its holding is more than 1 per cent) declining to an all-time low of 3.64 per cent as on December 31, 2023 from 3.73 per cent as on September 30, 2023.

The share of domestic Mutual Funds (MFs) in companies listed on NSE rose to an all-time high of 8.81 per cent as on December 31, 2023, from 8.73 per cent as on September 30, 2023, powered by strong net inflows of Rs 58,198 crore during the quarter, as per Primeinfobase, an initiative of PRIME Database Group.

The highest mobilisation in 2023 came from All-India Financial Institutions and banks, accounting for ₹4.71 trillion, reflecting a 29 percent increase from the previous year’s ₹3.66 trillion.

The funds were raised by 920 institutions and corporates, encompassing both listed and unlisted deals with a tenor and put/call option exceeding 365 days.

This means investors, mainly promoters and institutional investors, have seen an overall appreciation of Rs 430,000 crore in their wealth from these IPOs.

Three new-age technology companies, namely OYO, Digit Insurance and First Cry, are looking to raise roughly Rs 16,000 crore via IPO route in 2024.

The IPO pipeline for 2024 continues to remain strong. 27 companies proposing to raise Rs 28,500 crore are presently holding SEBI approval while another 36 companies looking to raise about Rs 40,500 crore are awaiting SEBI approval, as per Prime ...

The IPO pipeline for 2024 continues to remain strong. 27 companies proposing to raise Rs 28,500 crore are presently holding SEBI approval while another 36 companies looking to raise about Rs 40,500 crore are awaiting SEBI approval, as per Prime Database.