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In search of Covid capital, companies raised Rs 1.7 trillion in 2020

Of this, Rs 1.44 trillion was raised through QIPs and rights issues

Topics
stock market | initial public offerings IPOs | Indian companies

Sundar Sethuraman  |  Thiruvananthapuram 

Photo: Bloomberg
In the new phase of fundraising, known as “Covid Capital”, companies raised money through QIPs and rights to shore up their balance sheet and for consolidation began | Photo: Bloomberg

Despite turbulence, the equity capital market (ECM) activity in 2020 was the best in a decade, driven by follow-on transactions.

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First Published: Mon, December 28 2020. 00:06 IST
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