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India Inc's Funding Frenzy: Rs 1.7 Lakh Crore Raised!
9 Oct
Summary
- Equity fundraising reached nearly Rs 1.7 lakh crore in HY27.
- 116 IPOs and QIPs were conducted, a significant rise from prior year.
- JM Financial, ICICI Securities, and SBI Capital Markets led transactions.
Domestic investment banks demonstrated exceptional performance in the first half of FY27, spearheading a significant surge in equity fundraising activities. A total of 116 Initial Public Offerings (IPOs) and Qualified Institutional Placements (QIPs) were successfully executed between April and September of that fiscal year.
This robust activity resulted in a notable 40% increase in the amount of equity raised, which reached approximately Rs 1.7 lakh crore. This figure represents a substantial growth from the Rs 1.21 lakh crore raised in the corresponding period of the prior fiscal year.
Leading the league tables were JM Financial, ICICI Securities, and SBI Capital Markets. JM Financial managed 26 transactions totaling Rs 75,775 crore, securing the top position. ICICI Securities followed with 21 deals valued at Rs 73,310 crore, and SBI Capital Markets handled 11 transactions worth Rs 72,879 crore.
