IANS | 23 Sep, 2023
Funds mobilised through equity issuance shot up by 42.7 per cent in
August 2023 compared to July, while the amount raised through debt
issuance fell by 10 per cent over the same period.
Equity issuance
raised Rs 15,698 crore in August 2023 up from Rs 11,000 crore in July
2023, while debt issuance raised Rs 48,836 crore down from Rs 54,269
crore a month ago, according to the Securities and Exchange Board of
India Bulletin released on Friday.
Funds raised through IPOs
jumped by close to 42 per cent to Rs 5,124 crore in August from Rs 3,610
crore in July, while those on the mainboard rose by 46.3 per cent to
Rs 4,646 crore from Rs 3,175 crore in the preceding month.
The
monthly bulletin also stated that in August, the Nifty and Sensex fell
by 2.5 per cent month-on-month while the market capitalisation of NSE
and BSE rose marginally by 0.8 per cent and 1.0 per cent, respectively.
The average P/E ratios of S&P BSE Sensex decreased to 23.9 and that of Nifty 50 to 22.4 in August compared to July levels.
