IPOs raised about â¹65,923 crore in 2017, but very few companies are investing in expansion
When the Central Depository Services Ltd hit the capital markets in June 2017, it was hoping to raise about â¹520 crore. But the investors were so excited about the initial public offering that it received bids worth almost â¹64,000 crore—170 times the actual number of shares on offer.
CDSL's was the most subscribed initial share sale in more than a decade, but it was not a flash in the pan. Many companies that went public in 2017 saw unprecedented investor interest. The IPO of Capacit'e Infraprojects was subscribed 182 times, MAS Financial Services IPO 128 times, Dixon Technologies IPO 117 times and D-Mart IPO 105 times the total shares on offer.
It was a record year in terms of total funds raised via capital market listing. Till November, there were 33 public share offerings that raised a total of â¹65,923.12 crore, says an analysis by Prime Database. It was higher than the total funds raised between 2011 and 2016. Also, there were 119 IPOs of small and medium enterprises, raising â¹1,500.90 crore, in the year. The previous best year for IPOs was 2010, when 64 companies raised â¹37,534.65 crore. In 2007, the year before the global financial crisis hit, there were 100 issues worth â¹34,179.11 crore.
ãã®èšäºã¯ THE WEEK ã® January 07, 2018 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ THE WEEK ã® January 07, 2018 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
Ram temple not an issue in south
Much has been said this election season about the alleged north-south divide.
Haute and sweaty
In Mumbai, where I live and work, there is a severe heatwave going on. The highest temperature this month has been 40 degrees, sweltering and humid for the coastal city.
MOVE AWAY MARY!
In many parts of the world,unique names are becoming popular
CALL OF THE WILD
Tejas Thackeray, the younger son of former Maharashtra chief minister Uddhav Thackeray, shares his passion for wildlife conservation and photography
CEPA and beyond
Bilateral trade between the UAE and India has grown almost 16 per cent year-on-year, touching $84.5 billion
Brash and raw
When I chanced upon Raj Narain, who humbled Indira Gandhi
Lone voice of dissent
âI am keen to invite Parakala [Prabhakar] to Mumbai⊠What do you think? Do you know him?â A friend asked. No, I donât know the man. And no, it is not a good idea to invite him, unless you want to invite trouble, I replied.
Modi and the Muslim syndrome
I have long been intrigued by the prime ministerâs desire to hug every passing sheikh and sultan and his contrasting contempt for the ordinary Indian Muslim.
Assam Rifles not trained to guard borders; need separate force for Manipur border
Imphal is blanketed in darkness. The sun has set a little too soon in the valley, but N. Biren Singh is yet to call it a day.
SPOTLIGHT ON THE SENTINELS
Manipur government wants the Assam Rifles replaced, but the Union home ministry is focused on upgrading infrastructure and connectivity before deciding who guards the state