33: Capital markets fundraising heats up post covid-19 pause.

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Despite the covid-19-led disruptions, India Inc raised Rs 1.04 trillion from the capital markets between January and June. The fundraising activity was dominated by Reliance Industries’ mega Rs 53,124.20 rights issue in May, which was oversubscribed 1.6 times. Going forward, there are couple of companies lined for raising funds in capital markets. Mint’s Nasrin Sultana speaks to Pranav Haldea, MD, Prime Database group talks about what to expect in the second half of 2020.