The onset of the Covid-19 pandemic and a sharp slide in the stock market in the early months of 2020 notwithstanding, companies raised a record amount of money through equity and quasi-equity routes this year. Nearly Rs 1.8 lakh crore was raised during the year through a combination of initial public offerings (IPOs), qualified institutional placements (QIPs), offers for sale (OFSs) and follow-on public offerings (FPOs), data published by Prime Database showed.December 29, 2020 at 04:00AM
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