Page 25 - Fund Raising
India Inc lines up Rs 15,000-cr fundraising plans
India Inc has lined up plans to raise funds worth about~15,000 crore over the next four to six weeks.Buoyancy in the market, with the benchmark Sensex and Niftyat record highs, and positive sentiment towards primary issuances are givingconfidence to companies and investment bankers to push ahead with theircapital-raising plans. The modes of capital mobilisation would includeinfrastructure investment trust, or InvIT (a new hybrid instrument that investsin infrastructure projects), initial public offerings (IPOs), qualifiedinstitutional placements (QIPs) by listed companies, and offer for sale (OFS)by the government.Between November 2016 and February 2017, equity fundraisinghad taken a hit due to the uncertainty created by demonetisation. However,investment bankers say investor sentiment -both foreign and domestic- has onceagain turned positive to absorb the supply of new paper coming into the market.At least two infrastructure companies - IRB Infrastructureand Sterlite Power Grid - ...
 "India Inc lines up Rs 15,000-cr fundraising plans")
Fund raising via preferential route down 11% to Rs 18,600cr
Funds have been mobilised for business expansion, refinancing debt, working capital requirements and general corporate purposes
 "Fund raising via preferential route down 11% to Rs 18,600cr")
Indian firms to raise $5-bn forex loans
Public sector companies ahead of private peers in raising funds abroad
 "Indian firms to raise $5-bn forex loans")
Fundraising via bonds falls in H1
Declines 25 per cent as India Inc's capex remains low; overseas loans remain flat
 "Fundraising via bonds falls in H1")