Page 517 - ES 2020-21_Volume-1-2 [28-01-21]

144 Economic Survey 2020-21 Volume 1

Table 7: Primary Market Resource Mobilization through Public and Rights Issues

2019-20 (upto December) 2020-21 (upto December)
Issue Type Amount Amount
No. of Issues No. of Issues
(` crore) (` crore)

Public Issue (Equity) 49 10,949.99 33 31,086.64
Rights Issue (Equity) 13 51,865.86 16 60,906.90
Total Public Issue 62 62,815.85 49 91,993.54

Source: BSE, NSE and SEBI
B. Private Placement

4.42 The year 2020-21 (upto December) witnessed a decrease in resource mobilization
through private placement route compared to that during the similar period for previous year.
In April-December 2020, there were 183 issues mobilising ` 91,631.33 crore through private
placement compared to 229 issues raising ` 1,79,443.86 crore during the same period last year
(Table 9).

Table 8: Primary Market Resource Mobilization through Private Placements

2019-20 2020-21
(upto December) (upto December)
Issue Type
No of issues Amount No of issues Amount
(` crore) (` crore)

QIPs Allotment (Equity) 9 34,028.55 21 64,148.50
Preferential Allotment (Equity) 220 1,45,415.31 162 27,482.83

Total Private Placement 229 1,79,443.86 183 91,631.33

Source: BSE, NSE and SEBI

4.43 In the year 2019-20 (upto December), resource mobilization through preferential allotment
route was substantially more than that through Qualified Institutional Placement (QIP) route.
However, there was a reversal in this trend in April- December 2020. During this period, there
were 21 QIPs and 162 preferential allotments raising ` 64,148.50 crore and ` 27,482.83 crore
respectively, as compared to 9 QIPs and 220 Preferential allotment raising ` 34,028.55 crore
and ` 1,45,415.3 crore respectively during the corresponding period of the previous financial
year.

2. Primary Markets (Debt)
4.44 The total debt issuance in primary market increased by 29.7 per cent to ` 5.99 lakh crore
during 2020-21 (upto December) as compared to ` 4.63 lakh crore in the corresponding period of
the previous year. During April- December 2020, the amount raised through private placement
of debt increased by 32.2 per cent to ` 5.95 lakh crore. During the same period, the amount
raised through public debt issues declined by 67 per cent to ` 3,871.7 crore (Table 10).