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Indias mammoth rail network is truly a mass transportation system, with railway track cut through some of the most densely populated cities, flanked by shanty towns, in the nation of more than 1.3 billion people. (Photo: AP)

Govt plans to sell 15 pc in RITES via OFS; to fetch about Rs 700 cr

Railways consultancy firm RITES got listed on the bourse in July 2018 after it raised about Rs 466 crore through an IPO.

15 May 2019 5:01 PM IST

The current rise in fund raising through the IPO route is expected to last as long as the upswing in secondary market continues.

Cos raised Rs 1.77lakh crore through equities

However, FY19 is likely to remain little challenging for fund raising due to volatility.

30 March 2018 5:01 AM IST