Stock Market: BSE witnesses fund-raise by India Inc at brisk pace; listing exceeds Rs 10 lakh crore
Stock Market News: BSE, Asias oldest exchange and now worlds fastest exchange with the speed of 6 microseconds has witnessed India Inc. raising funds at brisk pace.
Stock Market News: BSE, Asia’s oldest exchange and now world’s fastest exchange with the speed of 6 microseconds has witnessed India Inc. raising funds at brisk pace. On September 23, 2020, BSE witnessed listing of papers worth Rs 41,203 crore consisting of Rs 30,995 crore through Commercial Paper and Rs 10,208 crore through Non-Convertible Debentures.
Informing about the development in terms of fundraising by India Inc, BSE said in a written press statement, "Total fund raising of Rs 10,39,273 crore ($140.54 billion) across various debt and equity instruments in the current financial year till September 23, 2020 has taken place on BSE from April 1,2020 for the financial year 2020-21."
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The BSE press statement went on to add that in the current financial year 2020-21, continuing the stellar performance and as premier platform of India to raise fund, as on September 23, BSE has enabled listing Commercial Paper worth Rs 4,25,894 crore, bonds of Rs 2,81,887 crore. In addition to this debt capital, equity instruments through Main Board IPO, SME IPOs, SME Start Ups, Rights, Preferential Issues, REITS, InvITs, etc., worth Rs 3,31,492 crore have also been listed in this period on BSE totalling to Rs 10.39 lakh crore.
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