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Fuelled by improved market sentiments and robust underlying demand, fundraising by issuing shares/units to institutional investors soared to Rs 78,000 crore in 2023-24, a more than seven-fold surge year-on-year.
Fuelled by improved market sentiments and robust underlying demand, fundraising by issuing shares/units to institutional investors soared to Rs 78,000 crore in 2023-24, a more than seven-fold surge year-on-year.
Market sources suggest that the continuous decline in OYO’s valuation is because of ambiguity over its listing because of poor appetite for the stock at prevailing valuations
Overall public equity fund-raising increased by a huge 142% to Rs1.86 lakh crore in 2023-24 from Rs76,911 crore in 2022-23.
Average listing gain (based on closing price on listing date) increased to 29 per cent, in comparison to 9 per cent in 2022-23.