Cos raise Rs 46,267 Crore from public issues in 2010-11

Tuesday, 29 March 2011, 06:56 IST
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New Delhi: Indian companies have raised Rs 46,267 crore through public issues in the current fiscal, with PSUs mopping up 60 per cent of the amount, primary market tracking company Prime Database said today. "The fiscal 2010-11, just about to end, has witnessed raising of Rs 46,267 crore through public equity issues ... PSUs and PSU banks dominated the year with a total raising of Rs 27,537 crore, or 60 per cent of the total amount," it said in a statement. According to Prithvi Haldea of Prime, the year, however, was expected to do much better, the mobilisation is just about the same as Rs 46,941 crore in the preceding year.
Source: PTI