Equity fund raising by Indian firms at 5-yr high
Listed Indian companies have raised ₹1.04 lakh crore through equity fundraising in the ongoing fiscal, the highest since 2011 and the fourth highest overall, according to market tracker Prime Database. While ₹14,461 crore was raised through Initial Public Offerings (IPOs), money raised through preferential equity issues stood at ₹46,508 crore. Indian firms raised ₹95,161 crore in the last fiscal.