Fund raising via private placement bonds down to Rs 2,900 crore in July

Tags: Stock Market
Fund raising by Indian companies through private placement of corporate debt securities or bonds in July came down to around Rs 2,900 crore, the lowest in eleven months.

In debt private placements, firms issue debt securities or bonds to institutional investors to raise capital.

According to the data available with the Securities and Exchange Board of India (Sebi), companies garnered a total of Rs 2,866 crore last month from debt on a private placement basis through 28 issues.

This was the lowest amount raised by companies through private placement of debt securities in a month since August 2013, when they had garnered Rs 2,089 crore.

In June, firms had raked in Rs 18,326 crore via private placement of corporate bonds. These funds were raised through 159 issues.

Fund raising through private placement has been lately subdued owing to a robust performance of the stock market.

With the latest fund mobilisation, overall capital raised through private placement of debt securities, so far, reached Rs 53,837 crore in the current financial year (2014-15), against Rs 2.76 lakh crore mobilised during the entire last financial year (2013-14).

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India’s festivals teach us to share our wealth and joy

    India is an aporia in its own true sense.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture