Primary market activity sees slowdown in January

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Fund mobilisation by corporates in the primary market saw a dip in January amid the prevalent volatility, according to the Sebi Bulletin released on Tuesday.

Funds mobilised via equity issuances stood atRs1,951 crore, compared toRs15,340 crore in December 2022. The month saw 12 IPOs, mobilising a total ofRs478 crore, of which 10 were SME/start-up listings that mopped upRs155 crore.

As regards debt,Rs1,863 crore was mobilised via public issuance of debt, compared toRs249 crore in December. However, the amount raised via private placement of debt saw a dip, amounting toRs65,666 crore vis-à-vis₹1.36 trillion in December.

Demat account additions

NSDL saw the addition of 400,000 demat accounts, while CDSL added 1.8 million demat accounts. At the end of January, 30.8 million demat accounts were registered with NSDL and 79.7 million with CDSL.

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