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Highest-ever fundraising via IPOs in FY21; FY22 will be tough: Analysts

Retail investors were the key drivers of the momentum seen in the primary markets in FY21. The road in FY22, however, will not be easy as investors are likely to become choosier

Topics
IPO | Market Outlook | fund raising

Puneet Wadhwa  |  New Delhi 

IPO
The pipeline for FY22, too, looks strong with 18 companies holding market regulator Securities and Exchange Board of India’s (Sebi’s) approval proposing to raise nearly Rs 18,000 crore

Despite the pandemic, fund mobilisation via the primary market route was the highest ever in financial year 2020-21 (FY21) with India Inc raising Rs 1,88,900 crore (Rs 1.88 trillion) through public equity as compared to Rs 91,670 crore raised in FY20, suggests a report from Prime Database, a leading provider of capital market database.

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First Published: Tue, March 30 2021. 14:03 IST
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