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Retail investors put over Rs 2,000 cr in bankrupt firms, hoping for revival

Smaller companies popular for bets, keeping retail investors belief there is a possibility of bigger gains from a smaller base.

Topics
Retail investors | Insolvency and Bankruptcy Code

Sachin P Mampatta  |  Thrissur 

Retail investors have put at least Rs 2,296 crore in listed companies facing proceedings under the Insolvency and Bankruptcy Code (IBC). A median such-company had 16,163 retail investors as shareholders many of whom apparently have bought a stake on the hope of making money if the firm revives. They own a fifth of the total stake in the companies under consideration.

The analysis looked at 75 listed firms for whom shareholding data was available for March 2022. Market capitalization, as of March 2022, was considered where available. The last traded value was used in the few cases ...

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First Published: Mon, May 02 2022. 20:17 IST
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