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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.
Fund mobilisation through corporate bonds that are privately placed has hit a record ₹8.97 lakh crore in 2023, with three weeks left in the year. Fund managers attribute the unprecedented mobilisation to the heightened demand for credit driven by increased economic activity amid faster-than-expected growth, coupled with the low cost of funding.
India Inc is tapping the low-cost private placement route to raise funds like never before.Fund mobilization through corporate bonds that are privately placed has hit a record ₹8.97 lakh crore in 2023, with three weeks left in the year.
“Typically in an IPO cycle, we find that towards the end of the IPO cycle, valuations get slightly stretched, which is what you have seen in 2021, in 2017 and even in 2008. However, this time we are seeing good quality, well-governed companies and the valuations have also been fairly reasonable. ”
India Business News: The share of retail investors in companies listed on the NSE rose to an all-time high of 7.6% during the quarter ended September from 7.5% a quarter a