 "MFs' equity portfolio hit hard during February corrections")
Fundraising via the qualified institutional placement (QIP) route gained momentum in calendar year 2019 (CY19). Given the revival in the equity market, a total of nine companies raised Rs 30,812 crore via the private placement route. This is 86 per cent higher compared to the previous year, and the second-highest amount raised via this route in the past five years.
Over the past two months, four companies have garnered a cumulative Rs 22,400 crore via this route. In CY18, 25 firms had raised Rs 16,587 crore, while in CY17, as many as 43 firms had raised Rs 60,652 crore, according to
