Debt fund raising by listed corporates goes up

Chennai, July 6 (IANS) Indian listed corporates raised Rs.1,41,623.78 crore of debt during the first quarter of the current fiscal through private placement route, said the securities market regulator.

The total number of private placement issues were 912 during the period April-June 2015.

According to the data released by Securities Exchange Board of India (SEBI), Indian companies listed in NSE raised Rs.67,500.69 crore of debt and those listed in BSE raised Rs.51,167.09 crore during the period under review.

Corporates listed in both the bourses raised Rs.22,956 crore.

On the other hand, the total amount of debt raised during corresponding period of the previous year stood at Rs.50,970.54 crore.

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