Mumbai: Indiabulls Housing Finance on Sunday announced plans to raise ₹3,693 crore through a rights issue of equity shares with a face value of ₹2 each. The decision follows the approval by the company’s board of directors during their meeting on January 17, 2024. The company’s Securities Issuance and Investment Committee of the Board (SIIC) … Read more
Mumbai: The deal value in the Indian equity capital markets (ECM) experienced a remarkable 66% surge, reaching a high of ₹2.18 lakh crore ($26 billion) in the calendar year 2023 from ₹1.31 lakh crore ($16 billion) in the previous year, according to data from Bloomberg. The number of deals also saw a significant 66% increase, … Read more
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 80.62 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India’s strong macroeconomic fundamentals, political stability owing to the BJP’s success in recent elections in three significant states, … Read more
Mumbai: India reported the second-highest number of initial public offerings (IPO) in the world after China in 2023, according to data from Bloomberg. The world’s most populous and fastest-growing economy recorded 240 IPOs during the year helped by a steady inflow from domestic investors amid a buoyant stock market. Of these, 58 companies raised funds … Read more
