Fundraise by corporates declines 27% in January

Mumbai, March 9 : Fund mobilisation by Indian corporates through public issues and private placement of equities and debt declined nearly 27 per cent in January to Rs 72,389 crore on a month-on-month basis.
As per SEBI data total fund mobilisation by corporates in December was Rs 98,987 crore.
Companies took to more of private placement than public issues, showed the data from the capital market regulator.
Funds Mobilisation through Public Issue stood rose to Rs 10,262 crore in January 2021, from Rs 1,652 crore in the previous.
Equity public issues including initial public offerings (IPO), further public offerings (FPO) stood at Rs 5,015 crore in January, up from Rs 1,652 crore in December.
Capital raising by India Inc through debt public issues stood at Rs 5,248 crore in January 2021. No debt public issue took place in December last year.