Report: Funding of FPOs needs priority sector tag : Rashtra News #Report #Funding #FPOs #priority #sector #tag The report also identifies factors such as the lack of professional management, weak internal governance in FPOs, under-capitalisation to take up activities and also absorb credit, inadequate credit linkages, access to market and inadequate access to infrastructure. While
While FY24 saw firms from varied sectors tapping the IPO market, BFSI had a limited presence, with just Rs 9,655 crore being raised by companies from this sector. This accounts for about 18% of the total IPO fundraising, compared with 51% in FY23.
Jefferies predicts IPO (initial public offering) and FPO (follow-on public offering) issuance could hit 4-5 percent of market capitalisation, mirroring China s figures.
Medi Assist Healthcare issue is completely an offer for sale, where promoters and other shareholders plan to sell 2.8 crore shares of the company. On listing, Medi Assist will be the first insurance third-party administrator (TPA) in India to hit Dalal Street.