<p class="title">The amount of money raised through public issues of equity and debt halved to Rs 54,915 crore in 2018-19 compared to the year-ago period, according to the Economic Survey.</p>.<p class="bodytext">In 2017-18, the amount stood at Rs 1,10,269 crore.</p>.<p class="bodytext">As many as 123 companies garnered Rs 16,087 crore through public issuance of equity last fiscal, a fall of 81 per cent compared to 2017-18. In the comparable period, 202 companies mobilised Rs 83,696 crore through this route.</p>.<p class="bodytext">Additionally, the amount raised through 21 rights issues stood at Rs 2,149 crore in 2018-19. In the year-ago period, the number of such issues was the same but the money mopped up was higher at Rs 21,400 crore.</p>.<p class="bodytext">"The year 2018-19 witnessed a significant decrease in resource mobilisation through public issue and rights issue of equity compared to the previous year," the survey tabled in the Parliament on Thursday said.</p>.<p class="bodytext">However, the issuance of debt "rose quite significantly" as 25 debt public issues raised Rs 36,679 crore in 2018-19. In comparison, Rs 5,173 crore that was mobilised through eight public issues of debt.</p>.<p class="bodytext">During 2018-19, the survey said, "Indian corporates preferred private placement route to gear up the capital requirement".</p>.<p class="bodytext">"Overall, total public issue declined by 50 per cent from Rs 1,10,269 crore in 2017-18 to Rs 54,915 crore in 2018-19," it said.</p>.<p class="bodytext">The primary market resource mobilisation through private placements stood at Rs 7,97,056 crore in last fiscal. The same was at Rs 7,25,858 crore in 2017-18.</p>.<p class="bodytext">The private placements include qualified institutional placement allotments, preferential allotments as well as private placement through bonds.</p>.<p class="bodytext">Last fiscal, the survey said net inflows into the mutual fund industry fell 59.63 per cent to Rs 1,09,701 crore compared to Rs 2,71,797 crore in the same period a year ago.</p>.<p class="bodytext">The cumulative net assets under management of all mutual funds increased by 11.4 per cent to Rs 23,79,584 crore at the end of March 2019. In the year-ago period, the amount was Rs 21,36,036 crore, as per the survey. </p>
<p class="title">The amount of money raised through public issues of equity and debt halved to Rs 54,915 crore in 2018-19 compared to the year-ago period, according to the Economic Survey.</p>.<p class="bodytext">In 2017-18, the amount stood at Rs 1,10,269 crore.</p>.<p class="bodytext">As many as 123 companies garnered Rs 16,087 crore through public issuance of equity last fiscal, a fall of 81 per cent compared to 2017-18. In the comparable period, 202 companies mobilised Rs 83,696 crore through this route.</p>.<p class="bodytext">Additionally, the amount raised through 21 rights issues stood at Rs 2,149 crore in 2018-19. In the year-ago period, the number of such issues was the same but the money mopped up was higher at Rs 21,400 crore.</p>.<p class="bodytext">"The year 2018-19 witnessed a significant decrease in resource mobilisation through public issue and rights issue of equity compared to the previous year," the survey tabled in the Parliament on Thursday said.</p>.<p class="bodytext">However, the issuance of debt "rose quite significantly" as 25 debt public issues raised Rs 36,679 crore in 2018-19. In comparison, Rs 5,173 crore that was mobilised through eight public issues of debt.</p>.<p class="bodytext">During 2018-19, the survey said, "Indian corporates preferred private placement route to gear up the capital requirement".</p>.<p class="bodytext">"Overall, total public issue declined by 50 per cent from Rs 1,10,269 crore in 2017-18 to Rs 54,915 crore in 2018-19," it said.</p>.<p class="bodytext">The primary market resource mobilisation through private placements stood at Rs 7,97,056 crore in last fiscal. The same was at Rs 7,25,858 crore in 2017-18.</p>.<p class="bodytext">The private placements include qualified institutional placement allotments, preferential allotments as well as private placement through bonds.</p>.<p class="bodytext">Last fiscal, the survey said net inflows into the mutual fund industry fell 59.63 per cent to Rs 1,09,701 crore compared to Rs 2,71,797 crore in the same period a year ago.</p>.<p class="bodytext">The cumulative net assets under management of all mutual funds increased by 11.4 per cent to Rs 23,79,584 crore at the end of March 2019. In the year-ago period, the amount was Rs 21,36,036 crore, as per the survey. </p>