Indian companies garnered Rs 9.41 lakh crore through the issuance of bonds on a private placement basis in 2023-24, a surge of 10 per cent from the preceding fiscal amid surge in credit demand.
The 2024-25 fiscal is expected to be very robust as companies will continue to raise capital for capex
The initial public offerings (IPOs) by small and medium enterprises (SMEs) hit a new high in 2023-2024 (FY24).
In this financial year, data from the Prime Database showed that 190 companies raised Rs 5,579 crore through the SME IPO route.
This financial year s tally bettered the fundraising in the previous financial year when 125 companies raised Rs 2,235 crore.
While the audit fee hike is marginal, the sharply increasing complexity in business operations, heightened regulatory oversight on listed companies, growing complexity in reporting requirements, and escalating talent and organisation costs every year are putting auditors in a tough spot.
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