Companies garnered over ₹75,000 crore from capital markets in September, a decline of 31% from the preceding month, with private placement of debt instruments continuing to be the most-preferred route for financing business. The funds were mopped up mainly for business expansion plans, loan repayments and working capital requirements.
According to data available with SEBI, companies raised a total of ₹75,230 crore in September as compared to ₹1.1 lakh crore in August by way of issuing equity and debt securities.
Out of the ₹75,230 crore, ₹64,389 crore was mopped up from private placement of debt securities and ₹9,022 crore through private placement of equity.