abhishreshthaa
Abhijeet S
During 2005-06, 139 companies accessed the primary market through public and rights issues and mobilised Rs.27,382 Crore compared to 60 companies raising Rs.28,256 Crore in 2004-05. While the number of issues in 2005-06 was more than twice of that in 2004-05, the amount mobilised was marginally lower.
Excluding the offer for sale, the amount raised during 2005- 06 stood at Rs.27,104 Crore, which was higher than that of Rs.25,056 Crore mobilised in the previous year. There were 103 public issues in 2005-06, of which 79 were initial public offerings (IPOs) and 24 were further public offerings (FPOs).
The resources mobilised through IPOs and FPOs during 2005-06 were Rs.10,936 Crore and Rs.12,358 Crore, respectively. The average size of the public issues was significantly lower at Rs.226 Crore in 2005-06 compared to Rs.725 Crore in 2004-05. The number of rights issues during 2005-06 was higher at 36 than that of 26 in 2004-05. The amount mobilised through rights issues was also higher at Rs.4,088 Crore in 2005-06 compared to Rs.3,616 Crore in the previous year.
Excluding the offer for sale, the amount raised during 2005- 06 stood at Rs.27,104 Crore, which was higher than that of Rs.25,056 Crore mobilised in the previous year. There were 103 public issues in 2005-06, of which 79 were initial public offerings (IPOs) and 24 were further public offerings (FPOs).
The resources mobilised through IPOs and FPOs during 2005-06 were Rs.10,936 Crore and Rs.12,358 Crore, respectively. The average size of the public issues was significantly lower at Rs.226 Crore in 2005-06 compared to Rs.725 Crore in 2004-05. The number of rights issues during 2005-06 was higher at 36 than that of 26 in 2004-05. The amount mobilised through rights issues was also higher at Rs.4,088 Crore in 2005-06 compared to Rs.3,616 Crore in the previous year.