Firms garner Rs 18.56 lakh crore by way of BSE platforms in FY21 – Occasions of India

NEW DELHI: Indian corporates raised over Rs 18.56 lakh crore in 2020-21 by means of BSE platforms amid Covid-19, a surge of 53 per cent from the previous fiscal, the alternate stated on Tuesday.
The funds have been mobilised by means of an inventory of fairness, bonds, REITs (actual property funding belief), InvITs (Infrastructure funding trusts)and business papers, based on a BSE assertion.
A complete of Rs 18,56,366 crore was mobilized by means of an inventory of fairness, bonds, REITs, InvITs and business papers in 2020-21 through the use of BSE platforms as in comparison with Rs 12,14,680 crore in 2019-20.
“It was encouraging to see how Indian Investors have shown faith in investing funds in the Indian corporate sector through BSE platforms,” the alternate stated.
Individually, Rs 10.52 lakh crore was mopped up by means of business papers, Rs 5.55 lakh crore by way of bonds, Rs 2.18 lakh crore from equities (IPO, OFS, Rights and so forth), Rs 25,225 crore of InvITs and Rs 4,245 crore from REITs.
The alternate stated the BSE BOND platform has been the popular alternative by India Inc to boost debt capital by means of non-public placements, structured devices or be it public points and likewise by municipal companies for elevating municipal bonds.
BSE stated it’ll proceed to create higher choices together with the ecosystem of corporates, municipalities, governments at totally different ranges, traders, service provider bankers, arrangers, credit standing businesses and different businesses for offering a strong and reliable platform to repeatedly elevate $1 trillion a 12 months for Indian corporates within the subsequent decade.