28 IPOs raised record money this year, 133% higher than last year

Mumbai. Despite the growing economic crisis due to the Corona period and the epidemic, companies are constantly bringing IPOs this year. The IPOs of Zomato, NSDL and NCDX are coming. This year’s IPO has broken the previous year’s record in terms of raising money. According to refinitive data, 28 IPOs have come on the market till April this year. These IPOs have raised a record $ 2.7 billion. This amount is 133 percent more than the same period last year. 8% jump in merger and acquisition deals On the other hand, despite the havoc of Kovid, there has been an 8 per cent jump in merger and acquisition (M&A) deals in the same period. These have reached $ 32.3 billion. During this period, 437 deals of equity capital have been done.Boost in private equity deals Financial markets got another boost from private equity deals where the transactions during this period rose 110 per cent to $ 5.9 billion. There were 93 deals in this category till April. Also read- Market boom on first trading day of the week, sensex opened 289 points at 49496 Sensex
If we talk about cross-border deals, then it increased by 4 percent to $ 14.3 billion, in which there are 124 deals. At the same time, there was a slight decline in strategic deals during this period and it was down by 3 percent to $ 26.4 billion in which 338 deals were done. 27% drop in date papers According to the data, the equity capital market recorded a growth of 23 per cent during this period, in which 62 issues were issued and $ 8 billion of capital was raised. However, in the case of debt papers, a decline of 27 percent was recorded during this period. Also read- Central government refuses to remove GST from Corona’s medicine! Finance Minister Nirmala Sitharaman said – medicines will become expensive Overall, if we talk about activities related to capital deals, then the second wave of corona virus did not show much effect on it. 97 deals up 17.4% in the period from January 1 to March 31 In the period from January 1 to March 31, 97 deals increased by 17.4 percent and reached $ 25.3 billion. This means that in April alone there have been deals worth $ 7 billion. According to the refinitive data, if we talk about the number of deals in the first quarter of the year, it fell by 20.5 per cent from 122 to 97 deals. Activities in the pharmaceutical, technology, real estate, consumer and energy sectors were strong during the March quarter.

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