Monday, January 07, 2008

India's 2008 equity mop-up seen at Rs 75000 crore

Indian companies are expected to raise about Rs 75000 from the primary market through issue of equity shares in 2008, Prime Database said on Monday. Of this, about Rs 60000 crore would be through initial public offers (IPOs) and the balance from follow-on issues, the primary market monitoring firm said. It expects 150-175 public issues to hit the market this year.

The Economic Times
http://economictimes.indiatimes.com/Market_News/
08_equity_mop-up_seen_at_Rs_75K_cr/
articleshow/2680147.cms

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