The Share and Stock Market is one of the most important ways for companies to raise their money through shares, and the objective of this blog is to provide you daily intraday news regarding stock market. You have arrived at the right place and you'll find a lot of information here on intraday news updates— basic concepts, strategies for buying and selling, time of entry and exit and a lot more.
IPO fund raising at 6-year high in FY17, trend expected to continue
Capital mobilization through the Initial Public Offer (IPO) route hit a six-year high in 2016-17. A total of 25 companies collectively raised Rs 28,220 crore, the highest since 2010-2011. A supportive secondary market and encouraging performance after the stock listed had kept investor sentiment buoyant towards the primary market. Investment bankers say the next financial year (starting April 1) could be even better, with big-ticket offerings like the National Stock Exchange, IPOs of state-owned General Insurance Co and of other public sector undertakings (PSUs) such as Cochin Shipyard.