Fund Raising Via Equities Down 17%; IPOs Resurface In FY16

New Delhi: Indian firms raised nearly Rs 49,000 crore through the equity market route in the current fiscal ending tomorrow, a slump of 17 per cent year-on-year. A major revival was however witnessed in the IPO market after nearly four dismal years, said Pranav Haldea Managing Director Prime Database. In all, Rs 48,952 crore was mobilised through public equity markets in 2015-16 as compared with Rs 58,801 crore last year, shows a r...