Fund Raising by India Inc. at brisk pace
BSE Witnessed Listing of Commercial Papers and Debentures of Rs. 41,203 crore on a single day - September 23, 2020. Total fund raising for the financial year 2020-21 exceeds Rs. 10 lakh crore as of date
Mumbai: September 24, 2020: BSE, Asia’s oldest exchange and now world’s fastest exchange with the speed of 6 microseconds has witnessed India Inc. raising funds at brisk pace. On September 23, 2020, BSE witnessed listing of papers worth Rs. 41,203 crore consisting of Rs. 30,995 crore through Commercial Paper and Rs. 10,208 crore through Non-Convertible Debentures.
Total fund raising of Rs. 10,39,273 crore ($140.54 billion) across various debt and equity instruments in the current financial year till September 23, 2020 has taken place on BSE from April 1,2020 for the financial year 2020-21.
In the current financial year 2020-21, continuing the stellar performance and as premier platform of India to raise fund, as on September 23, BSE has enabled listing Commercial Paper worth Rs. 4,25,894 crore, bonds of Rs. 2,81,887 crore. In addition to this debt capital, equity instruments through Main Board IPO, SME IPOs, SME Start Ups, Rights, Preferential Issues, REITS, InvITs, etc., worth Rs. 3,31,492 crore have also been listed in this period on BSE totalling to Rs. 10.39 lakh crore.
BSE (formerly Bombay Stock Exchange) established in 1875, is Asia’s first & now the world’s?fastest Stock Exchange with a speed of 6 microseconds. BSE is?India’s leading exchange group and has played a prominent role in developing the Indian capital market. BSE is a corporatized and demutualized entity, with a broad shareholder base that includes the leading global exchange- Deutsche Bourse, as a strategic partner. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, commodity derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.
BSE also has a dedicated platform for trading in equities of small and medium enterprises (SMEs) that has been highly successful. BSE also has a dedicated MF distribution platform BSE StAR MF which is India Largest Mutual Funds Distribution Infrastructure. On October 1, 2018, BSE launched commodity derivatives trading in Gold, Silver, Copper, Oman Crude Oil Guar Gum, Guar Seeds & Turmeric.
BSE provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. It has a global reach with customers around the world and a nation-wide presence. BSE’s systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market and stimulate innovation and competition across all market segments.
Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed. BSE Institute Limited, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country. Central Depository Services Limited. (CDSL), associate company of BSE, is one of the two Depositories in India.?
BSE has set up an Investor Protection Fund (IPF) on July 10, 1986 to meet the claims of investors against defaulter Members, in accordance with the Guidelines issued by the Ministry of Finance, Government of India. BSE Investor Protection Fund is responsible for creating Capital markets related awareness among the investor community in India.
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