A prime data released on 2011, depicts the instant cash available to people and details about closing of this financial year. The year 2010 has seen Rs 46,267 crore of cash raising that is stated to be the highest against that raised in 2007-08 that amounts to 52,219 crore.  In 2009-10, the amount raised is Rs 46,941 crore. The generation of such good fund in the country has certainly boosted the confidence of small business owners and entrepreneurs.

PSU banks have dominated the scene as they helped in raising funds that amounted to 60 percent of the total raised. It is through disinvestment that Rs. 22,763 crore got generated and 4,774 crore came through fresh capital. A total of seven PSUs have made an entry into the market. They are led by Coal India (Rs 15199 crore) through its initial public offering (IPO). Coal India singlehandedly accounted for 33 percent of the funds.

Total of 57 public issues have entered the market as compared to 44 issues the previous year. This is a straight 30 percent increase. The preceding year, average deal size fell Rs 811 crore from Rs 1067 crore. The market for small companies continued to be non-existent and market regulator Securities and Exchange Board of India’s (Sebi) efforts to promote SME exchanges have become a non-starter.

Forty-five percent of Rs 21,065 crore has been raised through fresh capital. This goes into creation of productive assets. The remaining Rs 25,201 crore that is raised through sale offers allows the proceeds to go to promoters, venture funds, and other investors.


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