New Delhi: After touching a high in October on account of the Coal India offer, the quantum of funds mopped up by India Inc through IPOs and rights issues in November dipped nearly 45 percent to 10,556.9 crore ( 105.56 billion). This amount was mobilized through eight offers, including four initial public offers. Corporates had raised as much as 19,109.7 crore ( 191.09 billion) in October through seven offers -- five IPOs and two rights issues, market regulator Securities and Exchange Board of India said. "During November 2010, 10,556.9 crore ( 105.56 billion) was mobilised in the primary market through eight issues as compared 19,109.7 crore mobilised through seven issues in October 2010," said the latest issue of Capital Market Review by Sebi. The mop-up had been quite high in October on account of the good response to the IPO of Coal India Ltd, which garnered over 15,000 crore ( 150 billion). The number of qualified institutional placements also went down in November, with only seven hitting the market during the month, as against 11 in October. The amount raised from QIPs also fell by over 68 percent to 1,349 crore (Rs 13.49 billion) in November, from Rs 4,292 crore ( 42.92 billion) in October, Sebi added. While four QIPs in November were placed on both the Bombay Stock Exchange and the National Stock Exchange, two were exclusively on the BSE and one exclusively in NSE. The number of preferential allotments also saw a decline in November with only 17 such allotments raising 491 crore ( 4.91 billion). In October, a total of 26 preferential allotments had hit the primary market, raising a total of 5,720 crore ( 57.2 billion). In November, the stock markets were a bit fluid with the equity benchmark Sensex going down by four percent during the month.