Financial services and energy technology companies dominated these QIPs, with Union Bank raising the largest quantity of Rs 5,000 crore. The optimistic market sentiments and investor confidence have contributed to this surge in fundraising activity. QIPs present listed firms with quicker entry to funds compared to different fundraising methods. Real estate sector on a reported foundation accounted for greater than 50% of the total realizations beneath IBC. However subsequent to launch of information by IBBI, a large key case went sub-judice following admission of an appeal earlier than the Hon’ble NCLAT leading to real estate sector accounting for 18.8% of complete realizations underneath IBC.

Decoding India’s Real Estate Boom: What’s Driving The Demand?

A native family has introduced the property to market after 33 years of ownership. Independent Analyst Evan Lucas says banks don’t assess loans based mostly on today’s fee. Sky News Business Editor Ross Greenwood says a new …