Private Placement Of Debt

Sebi decides to repeal circulars related to private placement of securities

Sebi has decided to repeal certain circulars that provided relaxation in cases involving the allotment of securities through a private placement route. Under the Companies Act, 1956, the issuance of securities to 49 people was considered a private placement and the limit was increased to up to 200 under the Companies Act, 2013. In respect of cases under the Companies Act, 1956, involving the issuance of securities to more than 49 persons but up to 200 persons in a financial year, Sebi had said that companies may avoid penal action, subject to certain conditions. The conditions were that the entities had to "provide the investors with an option to surrender the securities and receive the refund amount at a price not less than the amount of subscription money paid along with 15 per cent interest p.a. thereon or such higher return as promised to the investors", as per the circular issued on Wednesday. Citing that considerable time has elapsed since the repeal of the Companies Act, 195

India Inc fundraising via private placement reaches Rs 8.97 trn in 2023

Corporates in India have set a new record for financing through private placements; the last record was set in 2020 at Rs 7.95 trillion

Central Bank raises Rs 1,500 cr via Tier-II bonds to fund biz growth

The issue just managed to scrape through as the bank received bids for Rs 1,516 crore from investors and it accepted bids for Rs 1,500 crore

FY22 private placements growth may have hit record low, shows data

Lower appetite from borrowers in post-pandemic economy a key reason, say experts

SBI Card raises Rs 650 crore through private placement of bonds

The stock was trading nearly flat at Rs 906 apiece on BSE

Fundraising via bonds on private placement basis climbs 14% in FY21

Listed firms mopped up Rs 7.72 trillion through issuance of bonds on private placement basis in 2020-21, an increase of 14% from the preceding fiscal

Private placement of debt hits all-time high of Rs 7.77 trn in 2020

Fund mobilisation through corporate bonds via the private placement route hit an all-time high in 2020

Mindspace REIT raises Rs 200 crore through issue of debentures

The issue was on a private placement basis

NPCI diversifies its ownership with share allotment to 19 new entities

Completes private placement of 4.63 per cent equity shares worth Rs 82 cr; number of shareholders rises to 67

Adani Enterprises raises Rs 125 cr through NCDs on private placement basis

The company said it has allotted 1,250 NCDs.

Private placement of debt drops to Rs 6.5 trillion in FY18

This breaks a three-year trend which had seen the value of private placements more than double since FY14