Companies mopped up Rs 83,240 crore from stock markets in the first 11 months of 2009-10, about six times more than Rs 14,268 crore raised in the same period in the previous year, according market regulator Securities and Exchange Board of India .
Besides, signalling considerable appetite for Indian equity post global economic meltdown of 2008-09, foreign institutional investors (FIIs) made net investment of Rs 1,13,221 crore during April-February 2009-10.
In contrast, FII net investment was negative at Rs 45,811 crore during the entire 2008-09 fiscal, according to SEBI Bulletin released Friday.
Companies have raised Rs 41,133 crore, half of the total amount mopped up in the 11-month period, through Qualified Institutional Placements (QIPs) compared to Rs 189 crore during through the same route in the corresponding period last fiscal.
There were 117 issues in all during April-February, 2009-10, against just 44 during the 11 months a year ago, the period of global economic meltdown, SEBI data showed.
Of these issues, there were 34 IPOs and four follow-on public offers (FPOs) that helped the companies raise Rs 37,125 crore.
There was, however, a considerable decline in the money raised through the rights issues during the period, although the number of such issues remained the same.
Through 21 rights issues during April-February, 2009-10, companies raised just about Rs 4,982 crore, down from Rs 11,997 crore in the same period in the previous fiscal.
In February alone, companies raised Rs 17,167 crore, about seven times January's amount, thanks mainly to two big ticket FPOs of NTPC and Rural Electrification Corporation Ltd.
While NTPC issue size was Rs 8,478.75 crore, that of RECL was Rs 3,529.94 crore.
Besides, six IPOs during the month raised Rs 1,320 crore.
Rights issues and QIPs garnered the rest -- around Rs 1,850 crore and Rs 1,989 crore respectively.