PROFILE OF SECURITIES MARKET :
Public and Rights Issues
During 2015-16 till January 2016, 71 companies have accessed the capital market and raised Rs. 51,612 crore
compared to Rs. 11,562 crore raised through 61 issues during the corresponding period of 2014-15. There were
62 public issues which raised Rs. 42,981 crore and nine rights issues which raised Rs. 8,631 crore during Apr-
Dec 2015. Among the public issues, there were 50 IPOs and 12 public debt issues.
QIPs Listed at BSE and NSE
QIP is an alternative mode of resource raising available for listed companies to raise funds from domestic
market. In a QIP, a listed issuer issues equity shares or non-convertible debt instruments along with warrants
and convertible securities other than warrants to Qualified Institutions Buyers only.
The cumulative amount mobilised through QIP allotments route during 2015-16, till January 2016, stood at Rs.
14,355 crore.
Preferential Allotments Listed at BSE and NSE
Preferential allotment also serves as an alternative mechanism of resource mobilization wherein a listed issuer issues shares or convertible securities, to a select group of persons. There were 24 preferential allotments (Rs. 579 crore) listed at BSE and NSE during December 2015. The cumulative amount mobilised through preferential allotments route during 2015-16, January 2016, stood at Rs. 42,739 crore through 264 issues.
Resource Mobilisation by Mutual Funds
During April-December 2015, the total amount raised by all mutual funds was Rs.1,61,696 crore, of which, the share of private sector was 73 percent and public sector mutual funds was 27 percent. Of the total amount mobilized in 2015-16 till January 2016, debt funds accounted for 43.6 percent, followed growth/equity funds 43.3 percent and 11.0 percent by balanced schemes. Further, the FoF schemes and GETFs have registered net outflows during April-December 2015 period.
Depository Accounts
The total number of investor accounts was 143.0 lakh at NSDL and 104.2 lakh at CDSL at the end of December 2015. In December 2015, the number of investor accounts at NSDL and CDSL increased by 0.6 percent and 1.2 percent, respectively, over the previous month.
Investment by Mutual Funds
The total net investment in the secondary market by mutual funds was Rs. 43,707 crore in December 2015. They invested Rs. 4,544 crore in equity and in the debt segment, mutual funds invested Rs. 39,163 crore in December 2015. During 2015-16 (April-December), the total net investment by mutual funds was Rs. 3,23,165 crore of which Rs. 2,60,097 crore was in debt and Rs. 63,069 crore in equity.
As on December 31, 2015 there were a total of 2,208 mutual fund schemes of which income/debt oriented schemes were 1,619 (73.3 percent), growth/equity oriented schemes were 474 (21.5 percent), exchange traded funds were 57 schemes (2.7 percent), balanced schemes were 27 (1.2 percent) and fund of funds investing overseas schemes were 31 (1.4 percent).
Investment by Foreign Portfolio Investors (FPIs)
In December 2015, FPIs recorded net outflows amounting to Rs. 8,304 crore. There was a net outflow in equity segment of Rs. 2,817 crore while debt segment witnessed a net outflow of Rs. 5,488 crore. During 2015-16 (April-December 2015), the total net outflows by FPIs in the Indian stock market was Rs. 15,313 crore, comprising of a net outflow of Rs. 18,666 crore in the equity segment and inflow of Rs. 3,354 crore from the debt segment.